With individual health insurance premiums rising significantly in recent years, the personal-finance company 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 it to the median household income.
South Dakota ranked 20th in the study.
| Highest % of Income Spent | Lowest % of Income Spent | |
| 1. West Virginia (20.86%) | 41. Colorado (6.72%) | |
| 2. Vermont (19.05%) | 42. Rhode Island (6.67%) | |
| 3. Wyoming (17.16%) | 43. Hawaii (6.37%) | |
| 4. Arkansas (14.87%) | 44. California (6.32%) | |
| 5. Mississippi (14.05%) | 45. New Jersey (6.23%) | |
| 6. Alaska (13.18%) | 46. Minnesota (5.89%) | |
| 7. Louisiana (12.58%) | 47. Virginia (5.86%) | |
| 8. Tennessee (12.19%) | 48. Massachusetts (5.49%) | |
| 9. Alabama (11.85%) | 49. New Hampshire (4.77%) | |
| 10. Montana (11.27%) | 50. Maryland (4.66%) |
To view the full report and your state’s rank, please visit:
https://wallethub.com/edu/states-where-people-spend-the-most-least-on-health-insurance/145713
