The cost for MHIP coverage is a monthly premium and varies according to the benefit plan selected and the age and gender of the enrollee.

Click here to view our 2010 rates

Click here to view our 2009 rates

Premiums can be billed and paid monthly or quarterly. Premiums can also be automatically deducted from the enrollee's bank account. Premiums cover about 60% of the MHIP's cost to provide benefits. The remainder of that cost is funded by an assessment of all health insurers and HMOs that do business in Missouri.

By law the MHIP must set premiums within a range of from 125% to 200% of the average rates charged for comparable major medical coverage by the five insurers with the largest shares of the Missouri individual health insurance market.