On average, 2020 individual premiums were under $600 per month for a plan on last year’s health insurance exchanges, as of February 2020. Across all states, the average premium in February was $576 for the plans selected by individuals, compared to about $591 in the prior year. About 86% of people received the Advance Premium Tax Credit (APTC) (which is based on income) to bring the net cost to individuals, down to about $85 per month. The difference (about $492 per month) is covered by the government (“Obamacare”). Average cost varied by state. Nine (9) states (CO, MA, MI, MN, ND, NM, NV, RI, UT) had average monthly premiums under $500, before factoring in the APTC. Highest average premium states were West Virginia at $984 ($170 per month, with premium tax credit), Wyoming at $957 ($42 with premium tax credit) and Iowa at $818 per month ($15 with APTC). The national average premium of $576.16 per month works out to $6,914 premium cost per year. Source report from CMS, July 23, 2020, Early 2020 Effectuated Enrollment Snapshot.