The cost for MHIP coverage varies according to the benefit plan selected and the age and gender of the enrollee. Use the Premium Calculator to find an individual's monthly premium.

Click here to view our 2008 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 150% 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.