The states with the highest healthcare costs

For its analysis, Forbes Advisor  looked at healthcare costs by state using KFF.org's healthcare expenditure data, averaging out the available 2018-2020 data.

Healthcare costs include a person's insurance premium, deductible, copayments, coinsurance, and out-of-pocket expenses.

The five states with the highest healthcare costs were:

1.       Alaska ($13,187.67)

2.       New York ($13,012.33)

3.       Massachusetts ($12,754.33)

4.       Delaware ($12,294.33)

5.       Vermont ($12,237.33)

Meanwhile, the five states with the lowest healthcare costs were:

50. Utah ($7,241.00)

49. Idaho ($7,771.67)

48. Texas ($8.048.33)

47. Nevada ($8,118.00)

46. Arizona ($8,239.00)

(Rothstein, Forbes Advisor, 8/24)

Advisory Board conducted a consumer study of over 3,000 privately insured Americans to better understand member expectations, preferences, and perceptions of their health plan. The survey included a national sample across Medicare Advantage, Medicaid managed care, and commercial lines of business. Read on to learn how members choose their health plan product, and what implications this has for health plans.