The most affordable health insurance plans are those offered by the government through Medicaid. There are also plans that qualify for tax credits, such as Silver plans. However, these plans typically do not offer free preventive care. Fee-for- service plans, on the other hand, involve a lot of out-of-pocket expenses.

Medicaid is the cheapest health insurance plan

Medicaid is the cheapest health insurance plan available for low-income families. This government program requires that the applicant earn less than thirteen8% of the federal poverty level to qualify. The income limits vary from state to state, but generally the cheapest plans are available for those earning under $18,754 a month. Short-term health insurance plans also offer low-cost coverage. But they usually have fewer restrictions than Medicaid. Some people also save money by combining their health insurance plans. However, this process is complex and not recommended for everyone.

Silver plans qualify for reduced