WellCare provides the cheapest health insurance in New Jersey, with an average monthly premium of $430. While availability may vary, consider Horizon Blue Cross Blue Shield, UnitedHealthcare and Oscar as additional providers for affordable health plans.
Most Affordable Health Insurance in New Jersey
Updated: June 11, 2025
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Key Takeaways
WellCare provides the state's most affordable health insurance, saving policyholders an average of $282 per month compared to the state average.
WellCare offers top-rated full coverage Gold plans, with affordable pricing starting at $676 monthly.
Finding the cheapest health insurance starts with selecting a coverage level within your budget, checking your subsidy eligibility and comparing plans from several companies.
Most Affordable Health Insurance Companies in New Jersey
| WellCare Health Insurance Company of New Jersey, Inc. | $430 | $282 |
| Horizon Blue Cross Blue Shield of New Jersey | $470 | $242 |
| UnitedHealthcare Insurance Company | $568 | $144 |
| Oscar Garden State Insurance Corporation | $702 | $10 |
*These plans reflect rates for 40-year-olds who aren't considered low-income.
Cheapest New Jersey Health Insurance Plans by Profile
While we've summarized the cheapest companies for most in New Jersey, the most affordable plan for you will differ widely depending on your desired coverage tier and age. Below are the cheapest companies by category for most in the area:
- Cheapest for Young Adults: AmeriHealth Ins Company of NJ ($357 monthly)
- Cheapest for Seniors: AmeriHealth Ins Company of NJ ($947 monthly)
- Cheapest Bronze Plan: AmeriHealth Ins Company of NJ ($391 monthly)
- Cheapest Silver Plan: AmeriHealth Ins Company of NJ ($446 monthly)
- Cheapest Gold Plan: WellCare Health Insurance Company of New Jersey, Inc. ($676 monthly)
While these are a good measure of the most affordable plans, they only represent the cheapest for 40-year-olds (26-year-olds for young adults and 60 for seniors), and your cheapest company and plan may differ for your profile. So below, we've created a filterable table that you can modify by plan tier and age to find your lowest rate match.
Data filtered by:Results filtered by:
Select
Plan Level:Silver
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Age:40
| AmeriHealth Ins Company of NJ | IHC Select Silver EPO AmeriHealth Advantage $25/$60 | $446 | $141 | $8,900 |
Cheapest Health Insurance Plans by County in New Jersey
While WellCare is the cheapest provider overall, Aetna CVS Health offers the most affordable and widely available Silver plans in every county. Below, you can review which company and plan are most affordable in your area.
| Atlantic | Aetna CVS Health | $414 | Silver 1: Aetna Whole Health network + $0 MinuteClinic + $0 CVS Health Virtual Care + Ped Dental |
| Bergen | Aetna CVS Health | $414 | Silver 1: Aetna Whole Health network + $0 MinuteClinic + $0 CVS Health Virtual Care + Ped Dental |
| Burlington | Aetna CVS Health | $414 | Silver 1: Aetna Whole Health network + $0 MinuteClinic + $0 CVS Health Virtual Care + Ped Dental |
| Camden | Aetna CVS Health | $414 | Silver 1: Aetna Whole Health network + $0 MinuteClinic + $0 CVS Health Virtual Care + Ped Dental |
| Cape May | Aetna CVS Health | $414 | Silver 1: Aetna Whole Health network + $0 MinuteClinic + $0 CVS Health Virtual Care + Ped Dental |
| Cumberland | Aetna CVS Health | $414 | Silver 1: Aetna Whole Health network + $0 MinuteClinic + $0 CVS Health Virtual Care + Ped Dental |
| Essex | Aetna CVS Health | $414 | Silver 1: Aetna Whole Health network + $0 MinuteClinic + $0 CVS Health Virtual Care + Ped Dental |
| Gloucester | Aetna CVS Health | $414 | Silver 1: Aetna Whole Health network + $0 MinuteClinic + $0 CVS Health Virtual Care + Ped Dental |
| Hudson | Aetna CVS Health | $414 | Silver 1: Aetna Whole Health network + $0 MinuteClinic + $0 CVS Health Virtual Care + Ped Dental |
| Hunterdon | Aetna CVS Health | $414 | Silver 1: Aetna Whole Health network + $0 MinuteClinic + $0 CVS Health Virtual Care + Ped Dental |
| Mercer | Aetna CVS Health | $414 | Silver 1: Aetna Whole Health network + $0 MinuteClinic + $0 CVS Health Virtual Care + Ped Dental |
| Middlesex | Aetna CVS Health | $414 | Silver 1: Aetna Whole Health network + $0 MinuteClinic + $0 CVS Health Virtual Care + Ped Dental |
| Monmouth | Aetna CVS Health | $414 | Silver 1: Aetna Whole Health network + $0 MinuteClinic + $0 CVS Health Virtual Care + Ped Dental |
| Morris | Aetna CVS Health | $414 | Silver 1: Aetna Whole Health network + $0 MinuteClinic + $0 CVS Health Virtual Care + Ped Dental |
| Ocean | Aetna CVS Health | $414 | Silver 1: Aetna Whole Health network + $0 MinuteClinic + $0 CVS Health Virtual Care + Ped Dental |
| Passaic | Aetna CVS Health | $414 | Silver 1: Aetna Whole Health network + $0 MinuteClinic + $0 CVS Health Virtual Care + Ped Dental |
| Salem | Aetna CVS Health | $414 | Silver 1: Aetna Whole Health network + $0 MinuteClinic + $0 CVS Health Virtual Care + Ped Dental |
| Somerset | Aetna CVS Health | $414 | Silver 1: Aetna Whole Health network + $0 MinuteClinic + $0 CVS Health Virtual Care + Ped Dental |
| Sussex | Aetna CVS Health | $414 | Silver 1: Aetna Whole Health network + $0 MinuteClinic + $0 CVS Health Virtual Care + Ped Dental |
| Union | Aetna CVS Health | $414 | Silver 1: Aetna Whole Health network + $0 MinuteClinic + $0 CVS Health Virtual Care + Ped Dental |
| Warren | Aetna CVS Health | $414 | Silver 1: Aetna Whole Health network + $0 MinuteClinic + $0 CVS Health Virtual Care + Ped Dental |
How to Find the Cheapest Health Insurance in New Jersey
Follow these steps to find affordable health insurance in New Jersey:
- 1
Determine what coverage plan you need and can afford
Your coverage plan type and tier will differ widely depending on your personal health circumstances and income. Calculate how much income you can set aside for monthly premiums, considering your current health and risk for injury or disease based on location, age and lifestyle.
- 2
Find out your subsidy eligibility
People earning between $14,580 and $54,000 may qualify for premium tax credits, reducing costs by 40% to 100%. Those with incomes below 250% of the Federal Poverty Level ($36,450) can access cost-sharing reductions, decreasing out-of-pocket expenses up to 73%.
- 3
Consider federal programs if old enough
If you are eligible, explore Medicare Advantage plans and Medicare Supplement plans. These programs are often more affordable than traditional health insurance and offer more flexible coverage options.
- 4
Review prescription formularies
Review prescription coverages for medications you regularly take. Some insurers place common medications on lower tiers with reduced copays compared to competitors, potentially saving you hundreds annually.
- 5
Compare plans during Open Enrollment
Open Enrollment lasts from November 1 to January 15, but you may also qualify for Special Enrollment if you've experienced life changes like losing a job, divorce or having a child. During this time, compare types of coverage, customer ratings, costs and provider availability to ensure you select the best plan for your needs.
MONEYGEEK TIP: MAKE SURE TO APPLY PROMPTLY
To avoid technical issues, apply for coverage at least five days before the enrollment deadline. Prepare your income verification, Social Security numbers and immigration documents to ensure a smooth application process.
Most Affordable Health Insurance in New Jersey: Bottom Line
New Jersey's most affordable health insurance companies are WellCare, Horizon Blue Cross Blue Shield, UnitedHealthcare and Oscar. While we recommend these options, you should compare as many plan types and tier quotes as possible from multiple companies to get the best deal.
Cheap New Jersey Health Insurance: FAQ
Below are frequently asked questions about finding affordable health insurance in New Jersey:
What is the cheapest health insurance in New Jersey?
WellCare offers the cheapest health insurance in New Jersey, with Silver plans starting at $430 for 40-year-olds. However, Horizon Blue Cross Blue Shield, UnitedHealthcare and Oscar could suit your needs and budget.
What are the downsides of a cheap health insurance plan?
Compared to higher-priced plans, cheap health insurance has higher out-of-pocket costs, including deductibles and copays. More expensive plans reduce out-of-pocket expenses and offer more extensive health care coverage.
How We Decided the Cheapest Health Insurance Companies in New Jersey
MoneyGeek obtained data directly from the Centers for Medicare and Medicaid Services (CMS) on available health insurance plans in New Jersey based on consumers aged 18, 26, 40, 50 and 60.
We considered the cheapest overall to be those with the lowest monthly premium costs for 40-year-olds, as most in the state are near this age demographic, and for simplicity. However, cheaper plans tend to have higher out-of-pocket maximums and deductibles, meaning you may pay more if you receive care.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.