UNDATED – South Dakota Residents Spend the 7th Highest Percentage of Income on Health Insurance. That’s according to a new study conducted by Wallet Hub.
With individual health insurance premiums rising significantly in recent years, the personal-finance website WalletHub today released its report on the States Where People Spend the Most & Least on Health Insurance to shed light on where Americans are struggling the most to stay covered.
To identify where Americans are shelling out the most and least for health insurance, WalletHub analyzed average premiums in each of the 50 states, then compared them to the median household income.
Health Insurance Spending in South Dakota (1=Most Expensive; 25=Avg.):
- Average Health Insurance Premiums: $616
- Average Health Insurance Premiums as % of Median Monthly Household Income: 10.21%
For the full report, please visit:
https://wallethub.com/edu/states-where-people-spend-the-most-least-on-health-insurance/145713
