PlansByState

Health Insurance for Financial Advisors in Utah

Ranked 11 of 15 states · median $805/mo · CMS PY2026

Licensed Independent Agent · NPN #22052447 · 23 States

Utah ranks 11 of 15 on cost for Financial Advisors

A 40-year-old financial advisor in Utah pays a median $805/month for a Silver plan before subsidies — 11th of 15 on cost. The cheapest plan in the state is $559 from Select Health in Davis. On cheapest Silver at age 27, Utah ranks 14 of 15 for this occupation.

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What actually matters for a financial advisor

Desk-based work usually means low claim volume and a younger buyer, which makes a high-deductible plan paired with an HSA the mathematically better bet in most years. These pages rank states by what a healthy buyer actually pays at ages 27 and 40.

Occupational context: Sedentary and high-stress cardiovascular load.

This is background for choosing a plan, not for pricing one. Since 2014 every Utah exchange plan has been guaranteed issue and community rated: same age, same ZIP, same tobacco status means the same filed premium whether you are a financial advisor or an accountant. Occupation changes the shopping criteria, nothing else.

What it costs county by county in Utah

Premium is set by rating area, so a financial advisor in one Utah county can pay materially more than one an hour away. Six counties from across the state, cheapest Silver plan for a 40-year-old:

CountyCheapest Silver @40IssuerDeductibleCarriers
Sanpete$798Select Health$6,0001
Salt Lake$559Select Health$5,9005
Morgan$602Select Health$5,9004
Emery$798Select Health$6,0004
San Juan$798Select Health$6,0002
Davis$559Select Health$5,9004

The spread across just these six is $239/month — $2,865 a year for the same metal tier. Statewide the range runs $559 to $1,125. Coverage by County publishes all 29 Utah counties individually.

Utah statewide plan data for 2026

Utah — the age curve2026
Cheapest Silver @27$526
Cheapest Silver @40$559
Cheapest Silver @60$1,134
Lowest deductible in state$1,000

A 27-year-old financial advisor in Utah starts at $526; the same plan class at 60 starts at $1,134 — roughly 2.2× as much. If a Bronze plan here is HSA-qualified, the deduction plus low claim volume usually beats Silver on total annual cost. Confirm HSA eligibility on the plan document, not the metal tier.

Source: CMS Plan Year 2026 Qualified Health Plan Landscape file. 699 plan records across 29 Utah counties. Full-price filed rates before premium tax credits — verify at enrollment.

How Utah compares for Financial Advisors

Cheaper for the same coverage: Oklahoma ($731), Kansas ($765), Florida ($789). More expensive: Texas ($807), North Carolina ($828), Arkansas ($828).

Side-by-side: Utah vs Kansas · Utah vs Florida · Utah vs Texas · Utah vs North Carolina

Read the comparison as context, not as a shopping list. Your county of residence determines what you can buy, and for a financial advisor that is fixed unless you relocate. Where it is actionable is a move already in progress — that is a qualifying life event, and you have 60 days on either side of it.

Self-employed Financial Advisors in Utah

Deduction categories that generally fit this trade: Licensing, E&O insurance, CRM software, compliance costs. Note the ordering problem with health premiums: the §162(l) deduction lowers your AGI, and your AGI is what sets your premium tax credit, so the two calculate against each other. That is a CPA conversation and worth having before you enroll, not after.

If your household income is above the subsidy range, ACA is not automatically the answer. There are other categories of coverage that may fit, and they work very differently. That is a conversation, not a web page.

Common questions

How much is health insurance for a financial advisor in Utah?

The cheapest Silver plan for a 40-year-old in Utah is $559 per month from Select Health, with a state median of $805. Both figures are full price before premium tax credits; most buyers pay less after subsidies.

Can a financial advisor be charged more for health insurance in Utah?

No. Utah exchange plans are guaranteed issue and community rated, so a financial advisor pays exactly what anyone else of the same age in the same ZIP pays. Occupation is not on the application as a rating factor.

Does Utah have PPO plans on the exchange?

No. Only EPO and HMO plans were filed for 2026.

Is Utah a cheap state for health insurance?

Utah ranks 11 of 15 states covered here, at a median $805 per month. Indiana is cheapest at $558 and Nebraska is most expensive at $875.

Wage benchmark and the 2026 subsidy cliff

$67,210median annual wage, Financial Advisors in Utah
429%of the federal poverty level
$62,6002026 subsidy cliff, single-person household

Above the cliff. At this income a single-person household receives no premium tax credit for 2026 and pays the full premium.

This occupation is above the cliff in all 20 states reported.

Median annual wage by state, Personal Financial Advisors400% FPL — $62,600South Dakota$123,380Maryland$122,510Wisconsin$115,680Illinois$104,310Indiana$101,670Kansas$100,810Virginia$99,990South Carolina$98,900Michigan$98,830Georgia$98,490Florida$88,040Colorado$85,580Texas$82,180Ohio$82,100Nevada$81,940Alabama$79,600Arkansas$75,150Nebraska$74,040Oklahoma$73,020Utah$67,210

What this figure is. It is the median annual wage BLS reports for Personal Financial Advisors (SOC 13-2052) in Utah. BLS surveys wage and salary workers and excludes the self-employed, so it is a benchmark for the occupation in this state — not the income of a self-employed financial advisor. Premium tax credit eligibility is set by household modified adjusted gross income and household size, not by occupation, so treat this as a reference point rather than a determination of what you qualify for.

Why the cliff is back. The enhanced premium tax credits expired on 31 December 2025. For plan year 2026 the 400% FPL limit applies again, so household income above $62,600 ends premium tax credit eligibility outright.

Sources
  1. U.S. Bureau of Labor Statistics. Occupational Employment and Wage Statistics, May 2024. State-level annual median wage (A_MEDIAN), detailed occupation. https://www.bls.gov/oes/. Retrieved 2026-08-03. Figures used unmodified; suppressed cells are omitted, not estimated.
  2. U.S. Department of Health and Human Services. Annual Update of the HHS Poverty Guidelines. 90 FR 5917, 17 January 2025. https://aspe.hhs.gov/topics/poverty-economic-mobility/poverty-guidelines. Retrieved 2026-08-03. The 2025 guidelines govern premium tax credit eligibility for plan year 2026 coverage. The 2026 guidelines apply to 2027 coverage.
  3. Full dataset for all occupations and states: CSV · JSON (CC BY 4.0).

How Utah compares with every other state →

Going deeper on Utah

This page compares states. For Utah specifically — county-by-county carriers, plan data and enrollment help — I publish that on Coverage by County, including a page written for Financial Advisors in Utah and a blog covering deductibles, subsidies and special enrollment.

← Financial Advisors in all 21 states · All occupations

2027 in Utah, if you are a financial advisor

The Utah market currently runs to 6 carriers over 29 counties. Carriers re-file every year, and for Financial Advisors the question that actually decides your renewal is which of them are still there in November.

On price the only honest number today is national: the Peterson-KFF read of 2027 filings puts the median proposed rise near 15%, spanning −1% to 54%. Final Utah rates are not approved, so any precise 2027 figure quoted for this state is guesswork.

The window opens November 1, 2026, and December 15 is the date worth writing down — it is what secures January 1 cover in Utah and everywhere else. You will find later dates quoted; they stem from a 2025 rule that was vacated in June 2026 and is under appeal.

One thing 2027 will not fix: no PPO is sold anywhere in Utah. All 29 counties offer HMO, EPO or POS only, so care outside the network is effectively emergency-only. If your work as a financial advisor crosses county lines, weigh that above the premium.

Get a head start on 2027

Because Utah sells no PPO in any of its 29 counties, the thing that will decide your 2027 experience is which network your providers sit in — and that is far easier to check now than during the rush.

Give me a ZIP and I will tell you three things:

Map my 2027 options →

See what you would really pay as one of Utah’s Financial Advisors

There is no single Utah price. Enter your ZIP and I will pull what is filed in your county, then work out what help you qualify for.

One field. No account, no phone call unless you ask for one.