What are the average healthcare costs in Kentucky?

1 min read by Unbiased team Last updated June 28, 2024

Get an overview of healthcare costs in Kentucky, compare its costs to neighboring states, and understand strategies for managing healthcare insurance expenses.


  • Kentucky's average monthly health insurance premium is approximately $431, up 2% from 2023. 

  • Long-term care in a Kentucky nursing home costs about $7,771 monthly for a semi-private room. 

  • In 2022, Lexington, Kentucky, was the most expensive city in the United States to buy prescription medication for cash. 

How much are insurance premiums in Kentucky? 

In Kentucky, the average monthly health insurance premium for individuals is $431, while family plans average about $1,437.  

Premiums vary significantly based on plan types and coverage levels. For instance, high-deductible plans typically have lower premiums. In contrast, comprehensive plans with low deductibles and broader coverage are more expensive. 

Kentucky state's health rankings are slowly improving, indicating an improvement in Kentucky's healthcare. 

Kentucky's premiums are slightly lower than national averages: the national average for individual plans is approximately $477 monthly, and family plans cost about $1997 monthly. The difference can be attributed to factors like state-specific regulations, healthcare provider competition, and overall health demographics in Kentucky. 

How do healthcare costs compare in Kentucky? 

Kentucky healthcare costs vary but tend to be higher than the national average despite insurance premiums being lower, on average.  

Typical costs of healthcare include the following:  

  • Doctor visits: About $130 per visit. 

  • Emergency care: About $1,900 per visit. 

  • Hospital stays: Approximately $11,106 for an average stay of 4.5 days. 

  • Prescription medicines: About $1,200 annually. 

Factors influencing these costs include location — urban areas are usually more expensive than rural ones — the types of care required, and provider differences. 

Compared to surrounding states like Tennessee and Indiana, Kentucky's healthcare costs are relatively higher due to less competition amongst providers and high rates of chronic illness

What are the long-term care costs in Kentucky? 

Long-term care costs in Kentucky are significant, with nursing home care averaging about $7,771 monthly for a semi-private room and $8,912 for a private room.  

In-home care services, including homemaker services and home health aides, cost $7,055 and $4,671 per month, respectively. 

Planning for these expenses is crucial, as long-term care can quickly deplete savings and impact financial stability.  

Integrating these costs into overall healthcare planning ensures that individuals and families are better prepared to handle the financial burden of extended care needs, preserving assets and reducing stress during challenging times. 

What are the healthcare costs for individuals vs. families in Kentucky? 

Individual healthcare in Kentucky can include average monthly premiums of $431, deductibles of around $4,000, and out-of-pocket maximums of about $8,000.  

For families, premiums average $1,437 monthly, deductibles often exceed $8,000, and out-of-pocket maximums reach $16,000. 

Individuals can minimize expenses by choosing high-deductible health options paired with Health Savings Accounts (HSAs) and utilizing preventative care services.  

Families can benefit from selecting plans with lower deductibles, leveraging employer-sponsored insurance, and maximizing the use of in-network providers.  

Both groups should compare annually and consider supplemental insurance to cover unexpected costs. 

What are the common medical visits and their costs in Kentucky? 

Kentucky and its neighboring states share similar medical costs. Their approximate costs are outlined below: 

Annual checkup 

  • Kentucky: $130 

  • Tennessee: $128 

  • Indiana: $135 

Dental cleanings 

  • Kentucky: $100 

  • Tennessee: $90 

  • Indiana: $95 

Eye exams 

  • Kentucky: $120 

  • Tennessee: $110 

  • Indiana: $115 

How do you manage healthcare expenses in Kentucky? 

Here are some strategies for managing the cost of healthcare in Kentucky:  

  • Start by choosing the right insurance plan. Compare deductibles, premiums, and coverage options to find the one most suitable for your needs. 

  • Utilize Health Savings Accounts (HSAs) to save pre-tax dollars for medical expenses. 

  • Continually review and negotiate medical bills; many providers are open to payment plans or discounts. 

  • Use resources like Healthcare.gov to compare insurance plans and benefits. 

  • For affordable or free healthcare in Kentucky, explore community health centers and free clinics. 

  • The Kentucky Health Information Exchange (KHIE) provides valuable insights into local healthcare resources; it can be used to compare prices and find the best healthcare insurance in Kentucky. 

  • For programs and assistance managing healthcare costs, consult the Kentucky Healthcare Association, Kentucky Health Institute, or the Department for Public Health. 

Get expert financial advice  

The cost of healthcare in Kentucky varies for individuals and families. While insurance premiums are lower than the national average, health visits, emergency visits, long-term healthcare, and medicine costs are considerably higher. Some strategies for managing these costs include investing in an HSA, utilizing free or discounted public health services, and negotiating with providers. 

For personalized guidance and expert financial advice, get matched with a financial advisor through Unbiased. 


Unbiased team

Our team of writers, who have decades of experience writing about personal finance, including investing and retirement, are here to help you find out what you must know about life’s biggest financial decisions.