Which Health Insurance is best? Checklist, FAQ

Health Insurance

Which Health Insurance is best? 

Getting hurt or sick isn’t on the priority list of anybody, these are unavoidable circumstances that you must be prepared with. We all need medical care at some point in our life and Health insurance is that one mode that covers the costs and protects us from high medical expenses. It is a contract between your insurance company and you. When you buy a medical plan, the health insurance company agrees to pay part of your medical costs when you land into some unavoidable situations.

There are multiple benefits of a health insurance plan. These plans provide free preventive care, like vaccines, screenings, and regular health check-ups. They also cover costs for prescription drugs. Also, having the best health insurance can help you get access to a medical provider who can get to know you and your individual medical needs. If you are thinking about which health insurance is best, then this blog can be helpful. You can find the best one considering your needs, wants, and budget.

1. United Healthcare

 Minneapolis-based UnitedHealth Group was founded by Richard T. Burke in 1977. “Helping people live healthier lives and helping make the health system work better for everyone” is the mission of the company. Through its subsidiaries, it does business in every state. It is insuring approximately 46 million Americans currently. The company also ensures another 7.6 million people worldwide.

For more information visit- https://www.uhc.com/

2. Kaiser Permanente

Due to multiple healthcare challenges that grew out of the Great Depression, Kaiser Permanente opened its doors in 1945. For a way to quality health care, the two Founders Henry J. Kaiser and Sidney R. Garfield sought affordable ways to provide best-in-class health care. 

Kaiser Permanente operates in the Columbia District and eight states: California, Colorado, Georgia, Hawaii, Maryland, Oregon, Virginia, and Washington. The company insures approximately 12.5 million members. Kaiser Permanente’s subsidiaries are Kaiser Foundation Health Plan, Inc., Kaiser Foundation Hospitals, and the Permanente Medical Groups.

For more information visit- https://about.kaiserpermanente.org/

3. Aetna 

Aetna, a life insurance company was founded in 1853 and is one of the country’s largest providers of health benefits. The Hartfield, Connecticut–based organization has been a subsidiary company of CVS Health Corporation since 2018.  

The life insurance company Aetna does not offer insurance for individuals and families. It offers group plans, such as through your employer as well as Medicare, Medicaid, and international plans. The insurer has Medicaid plans in 14 states, most importantly in the Northeast and the South. Aetna insures approximately 22.1 million members at present.

For more information visit- https://www.aetna.com/

4. Centene Corporation

When Centene Corporation was founded in 1984, it was marked as a nonprofit Medicaid plan. Today it is the “largest Medicaid Managed Care Organization” in the United States. It also offers health plans for those who don’t qualify for Medicaid. Centene’s subsidiaries include its Health Care Enterprise group and its Envolve family of companies. The company, based in St. Louis, also insures more than 25 million members in all 50 states.

For more information visit- https://www.centene.com/

5. Cigna Corporation

Formed from two other companies: The Insurance Company of North America, founded in 1792, and the Connecticut General Life Insurance Company, founded in 1865. Cigna Corporation, today has a global footprint in more than 30 countries worldwide. The company ensures 17 million medical customers worldwide. In addition, it offers health insurance products and services in every state. Cigna has subsidiaries including Life Insurance Company and Cigna Health, Cigna Behavioral Health, and Loyal American Life Insurance Company.

For more information visit- https://www.cigna.com/

6. Blue Cross and Blue Shield

These two companies provided healthcare services in the early 1900s. In 1982, they joined to form one giant company, Blue Cross Blue Shield (BCBS). With headquarters in Chicago, the parent company licenses 35 independent companies — including some of the largest healthcare insurers in the U.S., like Anthem and Independence Health Group — to provide BCBS insurance to their customers. Through the BCBS network, approximately 110 million consumers in all 50 states have coverage. 

For more information visit- https://www.bcbs.com/

7. Humana

Founded as a nursing home company in 1961, Humana evolved to become one of the larger health insurance providers in the U.S. The company is well known for its Medicare Supplement plans, frequently referred to as Humana Medigap plans. These plans are different from Medicare Advantage plans, and they are offered in most of the states. Like Medicare Advantage, Medigap plans can help fill in the gaps traditional Medicare coverage leaves. 

Though these health insurance companies we listed above could be the best health insurance companies available, keep in mind that the premiums may cost more or less depending on family size, location, and whether or not you are eligible for subsidies on plans offered by your state exchange or Healthcare.gov.

Regardless of your situation, you can save money on health insurance premiums by shopping around and comparing at least a few different providers who offer plans in your area. The companies we profiled could suit your budget and the benefits needed, whether you’re a remote worker, crave convenience, or looking for a provider who also offers alternative ways to save.

For more information visit- https://www.humana.com/

Here’s a checklist that you need for getting the best health insurance:

  1. Go to your marketplace and side by side view your plan options. 
  2. Decide which type of plan is best for you and your family.
  3. Eliminate plans that exclude your doctor or any local doctors in the network of the provider. 
  4. Determine if you want more health coverage and high premiums, or low premiums and high out-of-pocket costs.
  5. Make sure any plan you choose will pay for your regular and necessary care, like prescriptions and specialists.

Frequently Asked Questions

1. Why health insurance is important?

Health insurance provides protection against all sickness and accidents. If you take a health insurance plan for yourself and your family, then it can cover all the medical costs and unexpected expenses. It can be a much-needed financial backup in case of medical emergencies. When you get timely medical care and access to all health services, it can make your life better. 

2. What health insurance should I get?

Getting health insurance can be tricky, but with a few tips, you can get the right plan. 

  1. Figure out the time and the need to enroll.
  2. If you like your current health insurance plan, then also you must review the plan options.
  3. It’s easy to focus on the monthly premium payment, but you need to compare estimated yearly costs as well. 
  4. Choosing the right insurance plan can be tricky and it may involve a lot of guesswork, you must consider how much health care you can use. 
  5. If you are less familiar with insurance, see if you can get some help from the pros. 

3. What to do when health insurance doesn’t pay? 

There are times when your health insurance company won’t pay even if it’s significant medical care or sometimes, even minor care. To avoid such a situation, here are some tips that can help you.

  1. To know if the claim was legitimately denied, read the policy carefully. 
  2. The insurance agent from whom you purchased your insurance, contact them for support in contesting any healthcare claim denials. 
  3. If your insurance agent can’t help resolve your problem within 30 days, call the insurance company yourself. 
  4. Each state has an Insurance Commissioner. Your state insurance department may be able to help you. 
  5. In most cases, policyholders don’t file claims with their insurers. Instead, hospitals or healthcare providers file the claims on behalf of their patients. 

4. Can health insurance start immediately? 

There’s usually a short waiting period between your enrollment in health insurance coverage and when your plan actually begins to cover you. If you have a workplace plan, then your company may impose a 30-day to a 365-day waiting period before coverage begins. The delay can range from a few days to up to a year.  With a short-term insurance plan, it’s possible to get at least some insurance protection for emergencies. 

5. When health insurance starts? 

The first day of the next month- When you enroll earlier than 15 days from the start of the next month. For example, if you buy health insurance up to November 15, your coverage will start on December 1.

First day of the month following the month you enroll. It can start Immediately, if you have a genuine life-changing event such as moving to a new ZIP code, marrying, adopting a child, or giving birth.

Previous articleWhat is Premium Health Insurance? Top 5 Benefits
Next articleChoose Health Insurance Plans For Family?
Hi. I am Srishti. I write about everything! Not stuck to a particular niche and will never be! I blog about all which is fun, trendy, creative,and entertaining. On YourDailyWire you will find the amazing hacks, tips and tricks and much more of your interest! Well...sit back, buckle up, and enjoy the ride!