How Much Should I Budget For Health Insurance? 
The amount you should budget for health insurance depends on the cost you will have to pay . The new federal Obamacare subsidy will potentially reduce your premium by hundreds of dollars per month -LRB- assuming you qualify -RRB- . The subsidy is based on your household income . An experienced broker -LRB- and our websites -RRB- are perhaps your best resource for determining how much you should set aside for your health insurance . Keep in mind that there may be additional out of pocket costs for copays , deductibles , and possible coinsurance , depending on the type of policy that is purchased . 