Health insurance typically covers the costs of medical, prescription, and surgical services. It pays for your care if you get sick or injured, as well as preventative care such as vaccines and wellness checkups with your doctor. It pays for most prescription drugs and medical devices.
Health insurance doesn’t cover elective surgical procedures or beauty treatments, however, and it’s not the same as accident insurance. Health insurance will most likely cover your medical expenses if you’re involved in an accident, but accident insurance is a supplemental policy that gives you a lump sum to help pay for your out-of-pocket accident-related costs.
1.Kaiser Permanente
Kaiser Permanente is a trusted name in health insurance. It offers medical care through its managed care organization and network of Kaiser Foundation hospitals and medical centers. It has won numerous customer service awards from J.D. Power & Associates and has excellent financial strength ratings. Kaiser Permanente offers private health insurance to residents of California, Colorado, Georgia, Hawaii, Oregon, and Washington state, as well as those living in Maryland, Virginia, Washington D.C. Its network includes more than 23,000 participating physicians.
If you live in one of Kaiser Permanente’s coverage areas, you have access to several plan options including bronze, silver, gold, and platinum plans. All plan types except for gold and platinum offer the option to add a health savings account (HSA).
The health savings account (HSA) options through Kaiser Permanente are available for high-deductible plans. The contributions are tax-free and can be used to help pay for qualifying expenses including prescriptions, primary/specialty care visits, doctor/hospital visits, X-rays, lab tests, ambulance/emergency care services, physical/occupational therapy and vision/dental care.
The HSA balance is transferable even if you change jobs, and the account comes with a debit card. You can invest any amount you’ve saved over $2,000 into one of the offered mutual fund selections.
Why we picked it: Kaiser Permanente was the top performer in California, Colorado, Maryland, and the Northwest and South Atlantic regions according to the 2020 J.D. Power & Associates Commercial Member Health Plan Study.1 Kaiser Permanente is ranked the number one overall health insurer on insure.com. 49% of people they surveyed would definitely recommend it and an additional 38% said they would probably recommend it. Also, 90% of customers plan to renew their policies
2. Blue Cross Blue Shield (BCBS)
The Blue Cross Blue Shield (BCBS) Association offers private health insurance coverage not only in the United States but in over 170 countries. Over 100 million Americans have their health insurance through a BCBS organization. There are 36 BCBS independent health insurance companies in the U.S. and most have an AM Best financial strength rating of “A”
The HMO plans offer the most comprehensive plans at the greatest savings but limit doctor choices to those inside the HMO. The EPO plan uses select provider networks and incorporates policies that promote and manage member health care. The PPO plans, on the other hand, offer more flexibility with a great number of participating doctors.
In fact, BCBS PPO providers are so numerous that you are likely to be close to one no matter what part of the country you live in. BCBS plans also give you access to HSAs and flexible spending accounts (FSAs). With a FSA plan, you can save money tax-free for health insurance deductibles and other health-related expenses. The HSA plan is similar but must be used only for qualifying medical expenses. You may choose to apply the funds in these plans to insurance deductibles and enjoy the benefits of lower insurance premiums with a high-deductible plan.
3.UnitedHealthcare (UHC)
UnitedHealthcare (UHC) has an “A” (excellent) financial strength rating from AM Best and is a part of UnitedHealth Group, which is the largest health insurer in the U.S.5 It offers individual insurance that meets the Affordable Care Act (ACA) requirements for essential care. A real standout feature for UHC members is the access to online care, including the ability to order prescriptions online, speak with a nurse via a hotline, and participate in online wellness programs. Members can also go online 24/7 to find doctors and set up appointments, file claims, and even speak with a doctor through a mobile device. It even has a mobile app so you can use these resources on the go.
UHC is a great choice for people who want the option to manage their health care electronically. HMO and PPO plans are available with access to HSAs and FSAs. Member discounts are available for hearing aids, vision services (including Lasik), and smoking cessation programs. UHC has a very large preferred provider network of over 1.3 million physicians and other health care professionals. UHC also offers Medicare Advantage HMO and PPO plans.
4.Aetna
Aetna has an excellent reputation and is one of the largest health insurers in the U.S. It has an AM Best “A” (excellent) financial strength rating.6 Aetna was acquired by CVS Health in 2018, but still provides employer health plans to residents of all 50 U.S. states. Aetna offers affordable private health insurance options that include preventive care, hospitalization, office visits, immunizations, and other types of essential health care services. Members also have access to HSA plans (available for high-deductible plans).
There is a large provider network, so members will be able to find an Aetna-approved provider no matter the part of the country they reside in. Network plan options allow members to see an in-network doctor or any licensed doctor, although seeing a network doctor will provide the greatest savings. Aetna offers several types of provider plans including HMO, POS, PPO, EPO, and HDHP with HSA. There are numerous wellness programs available to Aetna members, too, including gym memberships, weight-loss programs, health coaching, and more.
5.Cigna
Cigna is a global health insurance provider and offers private health insurance in 10 U.S. states: Arizona, Colorado, Florida, Illinois, Kansas, Missouri, North Carolina, Tennessee, Utah, and Virginia. It has an “A” (excellent) financial strength rating from AM Best.8
Referrals for out-of-network care may or may not be required depending on your plan. The greatest savings are realized by using an in-network provider.
Plan options, deductibles, and co-pay options vary by state. High-deductible plans are available along with HSA plan options. Policyholders can search plan network doctors, estimate costs, check claims status, and get insurance ID cards all online. There are several attractive member benefits including access to a home delivery pharmacy, health information helpline, rewards programs, flu shot information, and the Cigna telehealth connection program, which allows you access to board-certified telehealth providers including Amwell and MDLIVE.
6.Health Care Service Corporation (HCSC)
Health Care Service Corporation (HCSC) is the largest customer-owned health insurer in the U.S. It was founded in 1936 and services more than 16 million members in its operating states of Illinois, Montana, New Mexico, Oklahoma, and Texas. HCSC offers a wide variety of Health insurance programs through its affiliates and subsidiary companies. Plans and coverage options vary by state.
Healthy living programs are available including an online health assessment tool, smoking cessation support, weight-loss programs, maternity programs, fitness programs, and a 24/7 nurse hotline. Its secure member website offers 24/7 access to health plan information and online tools. Mobile alerts are available to members through text or by email including claims information notification, exercise and fitness tips, prescription drug reminder, diabetes diet tips, and heart healthy diet management and care tips.
7.Molina Healthcare
Molina Healthcare offers private health insurance to residents in California, Florida, Idaho, Illinois, Michigan, Mississippi, New Mexico, New York, Ohio, South Carolina, Texas, Utah, Washington, and Wisconsin. It insures more than 3.6 million members across the United States. Coverage options, plan choices, and benefits vary by state. Many of its health plans come with low co-pays and cover essential medical care such as prenatal, emergency services, hospital care, vaccinations, lab tests/x-rays, prescription drugs, doctor’s visits, and vision insurance.
Molina has some excellent perks, wellness care, and preventive health care services for its health insurance members including adult immunizations, adult preventive services, child and adolescent immunizations, pediatric preventive health care, prenatal and postnatal care.
reference – thebalance site
#insurance#insurance geico#assurance wireless#insurance health#insurance quotes#insurance quote#insurance companies#insurance agent#insurance near me
#insurance company near me#insurance near me auto#insurance deductible#insurance broker
#insurance zurich#how much insurance for car#insurance premium#insurance definition#insurance declaration page#insurance allianz#insurance policy
#insurance jobs#insurance types#insurance license#insurance quotes online#insurance near me cheap#insurance claim#insurance meaning#insurance for vehicles#insurance navy#insurance vehicle