People with healthcare plans have much-needed financial safety support in the event of a medical emergency. Health insurance can pay the care provider directly or compensate the policyholder for expenses incurred as a result of illness or accident.
Healthcare plans are more important for individual business owners because the whole business and income depend on them. If you experience any mishap like an accident or a health disease then the medical care cost can become a huge burden on you and your business might suffer severe losses.
Several companies in America provide best healthcare options that can cover your healthcare expenses. We have listed some of the companies which provide the best healthcare options. So keep reading to find out more.
Things To Know Before Choosing Healthcare Options
Before you get to know about the different healthcare options, here are a few things that you should know while choosing care plan or a package:
Total Healthcare Costs
Healthcare costs can be burdensome if you don’t pre plan your healthcare insurance. You must try to estimate the cost of health insurance before buying a healthcare plan. The total healthcare cost will vary according to the ‘metal’ category you choose. Although finding an exact total cost is next to impossible, you will still get to know how much you will be able to invest in your healthcare plan.
Categories are one of the things you should keep in mind while looking for healthcare options. Plans are categorized into four metal categories: Bronze, Silver, Gold and Platinum. Every metal category has its own pros and cons, like the bronze category has the lowest monthly premiums, but the insurance company will only pay 60%, The gold and platinum plans have the highest monthly premium but they cover 80% to 90% of your medical expenses.
Health Insurance Plan and Their Network
There are a variety of Marketplace health insurance plans available to accommodate a variety of needs. Some health care plans limit your provider options or force you to use the plan’s network of doctors, hospitals, pharmacies, and other medical service providers. Others pay for a larger share of the costs associated with providers who are not part of the plan’s network.
Based on how many plans are provided in your area, you may discover plans of all or any of these types at each metal level – Bronze, Silver, Gold, and Platinum. Some plans types you will find are:
- Exclusive Provider Organization (EPO)
- Health Maintenance Organization (HMO)
- Point of Service (POS)
- Preferred Provider Organization (PPO)
Best Healthcare Options For Individual Business Owner
UnitedHealthcare, founded in 1977, is a subsidiary of UnitedHealth Group, the country’s largest health insurance company, with an A grade from AM Best. You should have no trouble accessing local health care thanks to the UHC network, which includes more than 1.3 million doctors and 6,500 hospitals and other facilities around the country.
Individual and short-term health insurance, dental and vision plans, Medicaid, Medicare and Medicare Advantage plans, and small-business health insurance are all available through UHC.
You have access to a variety of digital tools as a UnitedHealthcare member that can help you view a network of doctors, review recent claims, and schedule a virtual visit with a care provider. You can also use their cost estimator to estimate the average cost of treatment to save your health care cost.
If you are looking for a healthcare option with the best network, then UnitedHealthcare is just for you.
Another renowned health insurance company is Kaiser Permanente. Kaiser Permanente offers a variety of health insurance plans for individual business owners.
You can choose from Medigap, Medicaid, Medicare Advantage, prescription medication coverage, or individual plans, depending on your situation. Their cheap plans include a variety of price tiers, with the opportunity to add a Health Savings Account, and Kaiser facilities ensure top-notch healthcare.
Kaiser Permanente provides a variety of high-quality, easy solutions to assist members manage chronic pain, injuries, and everyday aches and pains. It provides its members with services like video consultation through kp.org, in person appointment and urgent refill of the prescription.
You can also apply for financial aid through your state’s exchange or Healthcare.gov. Pricing varies depending on where your location, type of plan, age, smoking habits, and family size. You can get a quote from their website.
If you have lesser funds and are looking for a preventive healthcare plan, then Kaiser Permanente’s healthcare options are best for you.
Blue Cross Blue Shield
Blue Cross Blue Shield of America is a union of 35 independent Blue Cross Blue Shield companies that provide its services in all 50 states of the United States. Since 1929, the organization has had a well-founded reputation with an excellent AM Best rating.
You can compare plans and apply for health insurance through the website of your local Blue Cross Blue Shield company. You can also register for health insurance by calling your state’s health insurance exchange or visiting Healthcare.gov. The cost of a healthcare plan varies depending on smoking habit, plan type, age, location, and family size.
BCBS provides Blue Distinction Specialty Care, which focuses on hospitals and other healthcare facilities that specialize in providing safe and effective specialized treatment procedures. BCBS also provides its members with Total Care which identifies doctors and hospitals who emphasize on prevention and wellness, provide more integrated treatment, and help patients manage chronic diseases. This recognition is a proof of the quality care they provide to their patients.
Blue Cross Blue Shield plans are extremely affordable and the company is data-driven making them the best service provider.
Cigna was founded in 1792, making it the oldest insurance company. Cigna offers individual insurance for individual business owners in Arizona, Colorado, Florida, Georgia, Illinois, Kansas, Mississippi, Missouri, North Carolina, Pennsylvania, Tennessee, Utah, and Virginia in the United States.
Some of the other services provided by Cigna are Medicare, Medicare supplemental plans, dental insurance, vision insurance, and foreign health insurance.
You may seek quotes and purchase policy with websites or over the phone. You can also purchase health insurance through the exchange of your state or via Healthcare.gov. The cost of insurance varies depending on where you live, the size of your family, the plan you choose, your age, and whether you smoke.
Cigna provides its customers with virtual care options and pharmacy benefits. Accredo has also joined Cigna as a Cigna specialty pharmacy. It also has an app through which you can track your spending account or submit a claim.
Cigna is best known for its virtual care at a low cost. They also have a service that provides 90 days of prescription and 24×7 access to nearest pharmacists.
Oscar was started in 2012, as a technology-driven health insurance business. New Jersey, Arkansas, Ohio, California, Florida, Colorado, Georgia, Illinois, Iowa, Kansas, Arizona, Michigan, Missouri, Nebraska, New York, Oklahoma, North Carolina, Pennsylvania, Texas, Tennessee, and Virginia are among the states where the firm has limited distribution.
Oscar’s website or phone are both good places to acquire prices and sign up for a plan. You can also use Healthcare.gov or your state’s exchange to shop. The prices will vary depending on where you reside, the size of your family, the type of plan you choose, your age, and cigarette use.
Oscar provides you with Virtual Urgent Care 24×7 with no extra costs. You can talk to the doctor, get a diagnosis and a refill in just 30 minutes. The Oscar app has made Virtual Urgent Care easier. It also provides Virtual Primary Care that enables you to establish a long term care with the care provider.
Oscar has one of the best customer services and it has a staff of guides and nurses on hand to answer your inquiries and assist you in saving money.
Healthcare options are one of the most crucial investments. It extensively covers your financially burdensome health expenses and takes away the anxiety of any mishap. The above-mentioned healthcare options provide some of the best healthcare plans in the market.
Parting Advice – Compare and evaluate the plan thoroughly before choosing a healthcare plan. Some plans may look good to you but might not suit your situation.
|Affordable Healthcare Option||Blue Cross Blue Shield|
|Best Network Of Doctors||UnitedHealthcare|
|Best Customer Service||Oscar|
|Best Low-cost Virtual Care||Cigna|
|Best Preventive Healthcare option||Kaiser Permanente|