02/06/2026
There are many factors that influence how your insurance premium is calculated. And understanding those factors can help you choose the right coverage for your unique situation.
With the benefits of this knowledge in mind, we’re sharing an overview with you all today:
🔹 Age: The older you are, the higher your premiums may be, as older individuals are more likely to need healthcare services.
🔹 Location: Premiums vary by location due to cost of living, state regulations, and insurance provider competition.
🔹 To***co Use: To***co users face higher premiums because of the increased health risks and potential healthcare costs.
🔹 Plan Category: Choosing different tiers (Bronze, Silver, Gold, Platinum) affects your premiums and out-of-pocket costs.
🔹 Individual vs. Family Enrollment: Enrolling family members increases the premium, but per person cost may be lower.
🔹 Benefits Offered: More comprehensive coverage and benefits lead to higher premiums.
🔹 Income: Your income can influence eligibility for subsidies or assistance, potentially lowering premium costs.
Remember, our team is always here to help you find the coverage that best supports you and your family. Call the office if we can be of help, and we’d be happy to help you find a tailored policy.