I'm here to help you with that question. In 2018, the approximate cost of a private health insurance plan varied based on the type of coverage:
a. For an individual, the average cost of a private health insurance plan in 2018 was around $440 per month.
b. For a family, the average cost of a private health insurance plan in 2018 was approximately $1,168 per month.
Since 2018, health insurance costs have generally increased due to various factors like inflation, rising healthcare expenses, and new regulations affecting insurance prices. These cost increases can impact individuals and families, making it crucial to regularly review and compare insurance plans to ensure the best coverage at the most reasonable cost.
