Alabama Has the Lowest Average Total Single Premium and Second Lowest Family Premium in the Nation
BIRMINGHAM, AL — Blue Cross and Blue Shield of Alabama is proud latest reports show Alabama has the lowest average annual single premium and the second lowest family premium among employers nationwide. This is according to the federal government’s 2020 Medical Expenditure Panel Survey (MEPS) conducted by the Department of Health and Human Services.
“Controlling healthcare costs and providing our customers access to the quality healthcare they need remains at the forefront,” said Tim Vines, President and CEO, Blue Cross and Blue Shield of Alabama. “We are consistently focused on putting our customers first. Part of this ongoing effort is offering them healthcare coverage at the most affordable price possible.”
The 2020 MEPS report below shows how Alabama compares to other states for average annual family premiums among employers:
|
|
Single |
|
Family |
||
|
|
State |
Premium |
|
State |
Premium |
|
1 |
Alabama |
$6,393 |
1 |
Arkansas |
$17,093 |
|
2 |
Arkansas |
$6,414 |
2 |
Alabama |
$17,324 |
|
3 |
Tennessee |
$6,485 |
3 |
Tennessee |
$18,424 |
|
4 |
Nevada |
$6,493 |
4 |
Louisiana |
$18,930 |
|
5 |
Mississippi |
$6,561 |
5 |
Iowa |
$18,934 |
|
6 |
Utah |
$6,593 |
6 |
New Mexico |
$18,949 |
|
7 |
Arizona |
$6,612 |
7 |
Mississippi |
$19,058 |
|
8 |
Kansas |
$6,675 |
8 |
Montana |
$19,401 |
|
9 |
Michigan |
$6,683 |
9 |
Nevada |
$19,524 |
|
10 |
Louisiana |
$6,713 |
10 |
Utah |
$19,530 |
The 2010-2020 MEPS reports show Alabama’s ranking compared to the national average:
MEPS DATA
Average Total Single Premium
|
State |
2010 |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
|
United States |
$4,940 |
$5,222 |
$5,384 |
$5,571 |
$5,832 |
$5,963 |
$6,101 |
$6,368 |
$6,715 |
$6,972 |
$7,149 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Alabama |
$4,571 |
$4,828 |
$4,961 |
$5,204 |
$5,526 |
$5,733 |
$5,536 |
$6,075 |
$6,089 |
$6,519 |
6,393 |
|
Ranking |
6 |
9 |
6 |
8 |
11 |
11 |
3 |
11 |
5 |
7 |
1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Source - MEPS Table II.C.1 (2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020)
Average Total Family Premium
|
State |
2010 |
2011 |
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
2020 |
|
United States |
$13,871 |
$15,022 |
$15,473 |
$16,029 |
$16,655 |
$17,322 |
$17,710 |
$18,687 |
$19,565 |
$20,486 |
$20,758 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Alabama |
$12,409 |
$12,940 |
$12,764 |
$13,477 |
$14,352 |
$15,953 |
$16,098 |
$16,902 |
$18,001 |
17,734 |
$17,324 |
|
Ranking |
5 |
2 |
1 |
1 |
2 |
4 |
3 |
3 |
8 |
1 |
2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Source - MEPS Table II.D.1 (2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020)
About Blue Cross and Blue Shield of Alabama
Blue Cross and Blue Shield of Alabama has insured Alabamians for 85 years. Blue Cross offers coverage plans to corporations, individuals and the senior market. For more information about
Blue Cross, visit AlabamaBlue.com. Connect with us on Facebook, check out our videos on YouTube and follow us on Twitter for more up-to-date information.
Blue Cross and Blue Shield of Alabama is an independent licensee of the Blue Cross and Blue Shield Association.
