December 11, 2020 16:25 Updated Follow The Indiana Department of Insurance approved a 0.7 percent average cost increase for individual health insurance in 2016. Related articles What is asset protection? What if choose not to have insurance? When do I enroll in Medicare? How does someone choose a health plan and a health care provider? How did the Department of Insurance come up with the 0-1 percent average premium increase for Indiana individual rates for 2016?