Quick answer
In 2026, the benchmark silver plan on HealthCare.gov averaged $474 a month for a 40-year-old Hoosier before subsidies, well below the U.S. average of $625. Prices rise with age, from about $371 a month at 21 to $1,113 at 64. More than 8 in 10 enrollees got a premium tax credit, and the average enrollee paid $222 a month after it. Approved 2027 rates rise by 17.1% to 17.5%, and Cigna and CareSource are both leaving the marketplace.
Key takeaways
- Indiana’s 2026 benchmark premium for a 40-year-old, $474 a month, ran well below the U.S. average of $625.
- 300,049 Hoosiers picked a marketplace plan for 2026, down 16.5% from 2025, after enhanced federal subsidies expired.
- Approved 2027 rates rise by an average of 17.1% to 17.5%, down slightly from the roughly 19% insurers first proposed.
- Cigna and CareSource are leaving Indiana’s marketplace at the end of 2026; AmeriHealth Caritas is joining.
- The Healthy Indiana Plan will require most adult members to work, study or volunteer starting January 1, 2027.
On this page
What an Indiana Marketplace plan costs before subsidies
| Age | Benchmark silver plan, per month (2026 estimate) |
|---|---|
| 21 | $371 |
| 30 | $421 |
| 40 | $474 |
| 50 | $662 |
| 60 | $1,007 |
| 64 | $1,113 |
| Child under 15 | $284 |
A family of four with two 40-year-old parents and two young children would pay about $1,515 a month for benchmark plans before subsidies.
What you’d pay after a tax credit
If your household income is between 100% and 400% of the federal poverty level, a premium tax credit caps what you pay for the benchmark plan at a share of your income. A single 40-year-old in Indiana earning $40,000 would pay about $287 a month for the benchmark plan in 2026, with a tax credit of about $187. For 2027, the same person’s share would be about $289 a month. Above 400% of the poverty level ($62,600 for one person for 2026 coverage, $63,840 for 2027), you’d pay full price. If you end up with more advance credit than you qualified for, you may have to pay some back at tax time.
Costs beyond the premium
What you pay when you get care depends on your plan’s deductible, copays and coinsurance, up to the out-of-pocket maximum of $10,600 for one person in 2026 ($12,000 in 2027). If your income is under 250% of the poverty level, a silver plan’s cost-sharing reductions lower those costs.
Indiana Marketplace facts
- Marketplace: HealthCare.gov, the federal exchange.
- Enrollment: 300,049 plan selections for 2026, down from 359,240 in 2025 after enhanced federal subsidies expired. More than 8 in 10 enrollees got a premium tax credit or cost-sharing reduction, and the average enrollee paid $222 a month after subsidies.
- Insurers: Five companies sold Indiana marketplace plans in 2026: Anthem, CareSource, Cigna, Coordinated Care and UnitedHealthcare. CareSource and Cigna are leaving at the end of 2026, and AmeriHealth Caritas is joining, for four insurers in 2027. See what to do if your insurance company leaves the marketplace.
- 2027 prices: Indiana’s regulators approved a final weighted-average increase of 17.1% to 17.5%, down slightly from the roughly 19% insurers proposed in June 2026. By insurer, approved increases range from about 15.3% to 15.6% (Anthem and Celtic) up to 32.4% (UnitedHealthcare).
- State help: No state premium subsidy or reinsurance program for individual plans, though small businesses with fewer than 50 employees can get a state tax credit for offering an ICHRA.
- Medicaid: The Healthy Indiana Plan (HIP) covers adults up to 138% of the poverty level. Starting January 1, 2027, most HIP members ages 19 to 64 must complete 80 hours a month of work, school or a similar activity, with exemptions for groups including pregnant and postpartum people, caregivers and people who are medically frail. See Medicaid work requirements.
When to enroll
Open enrollment for 2027 coverage runs from November 1, 2026 to January 15, 2027. Sign up by December 15 for coverage that starts January 1. For ways to keep your bill down, see how to lower your Marketplace premium.
Other options in Indiana
- Job-based coverage, usually the cheapest route if it’s offered.
- HIP and Hoosier Healthwise for children, pregnant people and low-income adults; see health insurance for children.
- Medicare at 65.
Health insurance costs in nearby states: Illinois, Michigan, Ohio and Kentucky. You can also compare health insurance costs in every state.
See 2027 plans and prices in your Indiana county: compare quotes by ZIP code.
Frequently asked questions
What’s the average cost of health insurance in Indiana?
Before subsidies, the 2026 benchmark silver plan for a 40-year-old averaged $474 a month. After tax credits, the average marketplace enrollee paid $222 a month in 2026.
What is HIP and who qualifies?
The Healthy Indiana Plan is Indiana’s Medicaid expansion program, covering adults under 65 with income up to 138% of the poverty level.
Do I have to work to keep Medicaid in Indiana?
Starting January 1, 2027, most HIP members ages 19 to 64 must document 80 hours a month of work, school or a similar activity, unless they qualify for an exemption.
Is Cigna leaving Indiana’s marketplace?
Yes, along with CareSource, at the end of 2026. AmeriHealth Caritas is joining as a new option for 2027.
Sources
This article is general information, not insurance or tax advice. Prices are averages and estimates; your actual premium depends on your county, age, income and plan. Last reviewed September 2026.