Get the Facts on Premiums
Health insurance premiums are what members pay each month for health insurance coverage. You trade the risk of a huge, unexpected medical bill for the security of a predictable out-of-pocket cost. Your premiums work together with other people's premiums to help reduce risk for everyone.
Members' premiums work together
When you pay your monthly insurance premium, the money goes into a pool, which pays the medical expenses for everyone else in that pool. Their premiums also help pay your medical costs.


What premiums pay
More than 85 cents of every dollar Wellmark receives goes to doctors, hospitals and pharmacists. Out of that, we also have to pay taxes and administrative costs — Wellmark's are among the lowest in the industry.