Health Insurance Comparison — 2026

COBRA vs. ACA Marketplace 2026: Which Is Actually Cheaper?

✅ Last Reviewed: March 2026 — Updated for 2026 coverage year • Sources: CMS.gov, Healthcare.gov, KFF.org

The short answer: ACA Marketplace plans are cheaper for most people — often by $300–600/month. COBRA lets you keep your exact employer plan, but you pay the full cost the employer was subsidizing. Here’s how the numbers break down.

What COBRA Actually Costs in 2026

When you were employed, your employer likely paid 60–80% of your health insurance premium. COBRA removes that subsidy instantly.

Coverage TypeYou Paid (Employed)COBRA CostMonthly Difference
Individual~$180/mo~$680/mo+$500
Individual + Spouse~$420/mo~$1,480/mo+$1,060
Family of 4~$580/mo~$1,900/mo+$1,320

Estimates based on 2025 KFF Employer Health Benefits Survey average employer premium contributions. Actual COBRA costs vary by employer plan.

What ACA Marketplace Plans Cost After Subsidies

If you lose job-based coverage, you qualify for a Special Enrollment Period and may receive significant premium tax credits based on your income.

Annual IncomeHouseholdEst. Silver Plan Costvs COBRA
$35,000Single~$45/moSave ~$635/mo
$55,000Single~$190/moSave ~$490/mo
$70,000Family of 4~$250/moSave ~$1,650/mo
$95,000Family of 4~$680/moSave ~$1,220/mo

Estimates based on 2026 benchmark Silver plan premiums and federal subsidy calculator. Use our ACA subsidy calculator for your exact numbers.

When COBRA Makes Sense

Despite the higher cost, COBRA has specific advantages in these situations:

When ACA Wins (Most People)

Action: How to Compare in 30 Minutes

  1. Get your exact COBRA premium from your HR department (request the COBRA election notice)
  2. Calculate your ACA options at our subsidy calculator or Healthcare.gov
  3. Compare monthly premium + estimated out-of-pocket, not just premium
  4. If ACA is cheaper, enroll during your 60-day Special Enrollment Period
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