Updated: May 20, 2026
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Anthem provides the lowest health insurance rates in Indiana with monthly premiums averaging $540, making it 20% cheaper than the state average.
Anthem provides the most affordable coverage for young adults, adults, seniors and HMO plans in Indiana, while Cigna is the cheapest EPO plans at $573 monthly.
Choose your coverage level based on your budget, verify subsidy eligibility and get quotes from multiple insurers to find the best rates.
When we pulled planned data for Indiana's 2026 marketplace, Anthem's average monthly premium of $540 came in 20% below the statewide average. The gap between Anthem and the most expensive option, CareSource at $828, is $288 monthly or $3,456 annually.
Carrier selection matters more than plan-level differences in Indiana. Where Anthem's plans are less available, Cigna, UnitedHealthcare, Ambetter and CareSource offer competitive alternatives.
The most affordable health insurance policies in Indiana are offered by Anthem, with an average monthly premium of $540. Anthem provides the best overall affordability statewide, though options differ by county. Consider Cigna, UnitedHealthcare, Ambetter and CareSource for competitive health plan rates in the state.
| Anthem | $540 | $127 | $6,480 | $1,524 |
| Cigna Healthcare | $665 | $2 | $7,980 | $24 |
| UnitedHealthcare | $672 | $5 | $8,064 | $60 |
| Ambetter | $696 | $29 | $8,352 | $348 |
| Caresource | $828 | $161 | $9,936 | $1,932 |
* We calculate average monthly rates by taking the rounded average of each provider’s monthly plan rates in Indiana. We calculate average monthly savings by subtracting the statewide average monthly rate from each provider’s average. Your actual rates differ based on age, location and chosen plan.
The $288 monthly gap between Anthem and CareSource is the largest carrier spread in our Indiana data. CareSource's Platinum plan at $1,148 monthly costs $666 more per month than Anthem's Silver at $482. That $7,992 annual difference outweighs the $1,324 MOOP savings between the two plans.
No carrier undercuts Anthem on any age or profile category in MoneyGeek's Indiana data outside the EPO plan type. For Indiana shoppers buying an HMO, Anthem is effectively the only carrier setting the price floor.
Average Monthly Rate
Average MOOP
Average Deductible
We've outlined the most affordable companies in Indiana. Your ideal plan varies based on age, plan type preference and metal level. You should also weigh premiums against deductibles and maximum out-of-pocket (MOOP) costs.
Anthem | $289 | $3,464 | $5,224 | $2,861 | |
Teens | Anthem | $344 | $4,134 | $5,224 | $2,861 |
Anthem | $386 | $4,636 | $5,224 | $2,861 | |
Adults | Anthem | $482 | $5,787 | $5,224 | $2,861 |
Anthem | $482 | $5,787 | $5,224 | $2,861 | |
Anthem | $497 | $5,969 | $8,450 | $3,500 | |
Cigna Healthcare | $573 | $6,873 | $5,802 | $3,187 | |
Anthem | $1,024 | $12,288 | $5,224 | $2,861 |
* Rates shown are averages for silver-tier plans, using the following ages for each group: teens age 18, young adults age 26, adults age 40, seniors age 60. For plan type costs, we used average rates for 40-year-olds.
Anthem wins seven of eight profile categories, but the sweep reflects its HMO market scale, not a uniform cost advantage across every situation. The senior rate gap is where Anthem's lead is most meaningful: at $1,024 monthly for 60-year-olds, it's the lowest Silver-tier average in Indiana for that age group.
Seniors who qualify for Medicare should compare those options first. Marketplace plans for 60-year-olds cost more than twice what younger adults pay and Medicare Advantage plans often price well below both. Cigna's EPO win at $573 is relevant mainly to shoppers who want direct specialist access without referrals.
The metal-level table shows a carrier segmentation pattern: Anthem leads at Bronze and Silver, Ambetter competes hardest at Gold and CareSource prices Platinum below all competitors. That division isn't accidental. Anthem's network scale makes it the cost leader at lower tiers where member utilization is lighter.
At Gold and Platinum, where members use their coverage more heavily, CareSource and Ambetter price to retain members likely to hit higher cost-sharing thresholds. Choose based on your expected annual health care use, not just the monthly premium.
| Catastrophic | Anthem | $401 | $4,807 | $10,600 | $10,600 |
| Bronze | Anthem | $408 | $4,897 | $7,613 | $7,613 |
| Expanded Bronze | Anthem | $425 | $5,105 | $7,556 | $4,875 |
| Silver | Anthem | $482 | $5,787 | $5,224 | $2,861 |
| Gold | Ambetter | $711 | $8,530 | $5,550 | $863 |
| Platinum | Caresource | $1,148 | $13,770 | $3,900 | $0 |
* Rates shown are the provider's average at the given metal tier for 40-year-olds.
For the average healthy 40-year-old in Indiana, the difference between Anthem's Bronze plan at $408 and its Silver plan at $482 is $74 monthly or $888 annually. Bronze saves $888 per year in premiums. Silver's deductible of $2,861 is $4,752 lower than Bronze's $7,613, meaning Silver protects you against much larger out-of-pocket costs the moment you need significant care.
Find the most affordable health insurance options in Indiana suited to your situation:
| Anthem | Anthem Silver Essential 7000 ($0 Virtual Pcp + $0 Select Drugs + Incentives) | $473 | $5,543 | $3,543 |
| Anthem | Anthem Silver Essential 6000 Standard ($0 Virtual Pcp + $0 Select Drugs + Incentives) | $479 | $5,657 | $3,100 |
| Anthem | Anthem Heart Healthy Silver Essential 4500 ($0 Virtual Pcp + $0 Select Drugs + Incentives) | $480 | $5,436 | $2,650 |
| Anthem | Anthem Silver Essential 7000 Adult Dental/Vision ($0 Virtual Pcp + $0 Select Drugs + Incentives) | $481 | $5,543 | $3,543 |
| Anthem | Anthem Silver Essential 3500 Hsa (+ Incentives) | $497 | $3,940 | $1,470 |
| Ambetter | Standard Silver | $538 | $5,657 | $3,100 |
| Ambetter | Focused Silver | $543 | $5,321 | $3,436 |
| Ambetter | Standard Silver + Vision + Adult Dental | $553 | $5,657 | $3,100 |
| Ambetter | Focused Silver + Vision + Adult Dental | $557 | $5,321 | $3,436 |
| Caresource | Low Premium Silver 6200 $3 Generic Drugs | $588 | $5,979 | $3,629 |
The filtered table defaults to Silver-tier HMO plans for a 40-year-old.
Anthem holds the five lowest-cost positions in this view, with monthly premiums ranging from $473 to $497. Ambetter's Standard Silver at $538 is the first non-Anthem option. CareSource's entry at $588 is the only plan in the table with $3 generic drug pricing, which matters if you take maintenance medications regularly.
Follow these steps to identify affordable coverage that fits your health care requirements.
Your ideal coverage depends on how often you use medical care, a 40-year-old on Anthem's cheapest Bronze plan at $408 monthly pays $74 less per month than Silver but accepts a deductible $4,752 higher. For shoppers who rarely see a doctor, Bronze is usually the lower total-cost option.
Your family size and annual income determine subsidy eligibility for 2026. Indiana shoppers earning between 100% and 400% of the Federal Poverty Level, $15,960 to $63,840 for a single adult, qualify for premium tax credits through HealthCare.gov. The subsidy amount changes your effective ranking of carriers, so run your income through the HealthCare.gov calculator before comparing plans.
Adults 65 and older should compare Medicare options before buying a marketplace plan. In our MoneyGeek's Indiana data, 60-year-old marketplace coverage averages $1,024 monthly with Anthem, more than twice the $482 rate for 40-year-olds. Medicare Advantage plans and Medicare Supplement plans typically cost less and provide broader provider access than marketplace plans for this age group.
Check each plan's drug formulary before enrolling, prescription cost-sharing varies by tier across carriers. Anthem's Silver plans include $0 virtual PCP visits and $0 select drug pricing on several plans, a feature that affects total annual cost for members who use maintenance medications. A plan with a $30 lower monthly premium can cost more overall if your medications land on a higher formulary tier.
Indiana uses the federal marketplace through HealthCare.gov. Open enrollment runs November 1 through January 15, per the Centers for Medicare and Medicaid Services. Outside that window, enrollment requires a qualifying life event such as job loss, marriage or having a child. Missing the January 15 deadline means waiting until the following November, so submit your application before that date even if you're still comparing plans.
Make sure your current doctors and preferred hospitals participate in any plan you're considering. Out-of-network care costs much more and some plans require referrals to see specialists. Contact providers directly to confirm they accept the specific plan, not just the insurance company.
Network fit matters more in Indiana than in states with PPO-heavy markets. Anthem covers only HMO and POS plans statewide, meaning referrals are required to see specialists on most of its plans. Cigna's EPO structure allows direct specialist access without referrals. Contact your current doctors directly to confirm they accept the specific plan, not just the insurance company name, before enrolling.
For most Indiana shoppers, Anthem is the right starting point. Its rates lead the state at every age group except EPO buyers. Anthem's Silver-tier MOOP is $5,224, compared to $5,802 for Cigna's EPO plan.
Cigna is the better choice for shoppers who need direct specialist access without referrals. Its EPO structure fits higher-utilization members who want that flexibility. UnitedHealthcare is a viable alternative where Anthem's county-level availability is limited.
Get quotes from at least two carriers before enrolling. County-level variation in Indiana means statewide averages don't always reflect what's available where you live.
Find answers to common questions about affordable health insurance in Indiana:
Anthem is the cheapest health insurance in Indiana, with Silver plans averaging $540 monthly for 40-year-olds.
Cheap health insurance plans come with high deductibles ( $5,000 to $8,000 annually), limited provider networks that may force you to switch doctors and restricted coverage that excludes essential services like mental health care or physical therapy. This results in higher actual costs despite lower monthly premiums.
You may qualify for health insurance subsidies in Indiana if your household income falls between 100% and 400% of the Federal Poverty Level, as defined by the U.S. Department of Health and Human Services. That range is $15,960 to $63,840 for individuals in 2026.
Indiana uses the federal marketplace through HealthCare.gov, where you can apply and get real-time eligibility verification based on your income information.
In Indiana, you can enroll in health insurance during Open Enrollment from November 1 to January 15. You may also qualify for Special Enrollment throughout the year if you experience a qualifying life event such as losing your job, getting married or having a baby.
Anthem is the cheapest option statewide but availability differs by county. If Anthem plans are not available in your county, Cigna, UnitedHealthcare and Ambetter offer competitive rates across most Indiana counties. Enter your ZIP code on HealthCare.gov to see which carriers and plans are available where you live.
Family health insurance costs in Indiana depend on the number of people covered and their ages. A family of four typically pays two to three times the individual rate shown in our tables. The most affordable family plans statewide is of Anthem, with the same HMO structure and Silver-tier MOOP of $5,224 per person.
An HMO requires you to choose a primary care doctor who coordinates your care and provides referrals to see specialists. An EPO allows direct specialist access without referrals but limits coverage to a specific network with no out-of-network benefits.
In Indiana, Anthem's HMO plans and Cigna's EPO plans. Choose HMO for lower premiums and coordinated care. Choose EPO if you see specialists regularly and want direct access without waiting for a referral.
We gathered plan data from the federal health insurance marketplace for Indiana consumers aged 18 to 60, analyzing five carriers across all available metal tiers and plan types. We collected rates for five age profiles: 18, 26, 40, 50 and 60-year-olds.
Plans with the lowest monthly premiums for 40-year-olds ranked as cheapest overall because this age group is most common demographically and provides clear comparison. Age-specific rankings use their respective premium costs, but cheaper plans usually mean higher deductibles and out-of-pocket maximums when you need care.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty (P&C) Insurance Producer in Connecticut, is MoneyGeek's resident insurance expert. He has spent nearly a decade analyzing the market, first at LendingTree and now at MoneyGeek, where he has produced original research on hundreds of carriers and millions of rates across auto, home, renters, health and life insurance.
He writes about economics and insurance on MoneyGeek so people can make coverage decisions with confidence. His insurance insights have been featured in The Washington Post, The New York Times and NPR, among other media outlets.
Like all MoneyGeek analysts, he draws on independent cost and consumer experience data, and no insurance company partnership influences his recommendations.
Fitzpatrick earned his degrees from Johns Hopkins University (M.A. Economics and International Relations) and Boston College (B.A.). He began his career in financial risk management at State Street. He's also a five-time Jeopardy champion!
