The journey to find the best health insurance company can be a tiresome one. The information out there is vast, with lots of criteria to keep in mind before you can make an informed decision. A few of these include claims service, financial strength, customer service ratings, policy offerings, plan prices, provider choices, and coverage benefits. There is nothing like an overall best health insurance company. In essence, the best one for you is determined by the sort of health insurance you require, what is available in your locality and your budget. For the year 2019, these five health insurers are the most outstanding options for health care coverage.
Best Large Provider Network: BlueShield/BlueCross
The Blue Cross Association provides worldwide health insurance coverage, well beyond the borders of the United States. They operate in over 170 countries. About 100 million Americans receive health insurance from BlueCross/BlueShield. The U.S. has 39 Blue Cross health insurance companies, the better of which have A.M. Best financial strength ratings of "A+ (Excellent)" or higher.
Blue Cross members enjoy their plans through PPOs and HMOs. The PPO plans allow more flexibility with a high number of practicing doctors. The HMO plans, on the other hand, provide the best opportunity to save with the most comprehensive. However, HMOs have limited doctor choices.
Best for Employer-Based Plans: Aetna
Aetna is one of the best health insurance companies with a good reputation too. It is also one of the largest health insurers in operation in the U.S. It provides employer health plans to workers in all 50 U.S. states and "A" A.M. Best rating. Aetna allows members to access options in affordable health insurance that include office visits, preventive care, immunization, hospitalization, and other varieties of primary health care.
In addition, members can access tax-free health savings account (HSA) packages. Their provider network is quite extensive. Therefore you can always find an Aetna-approved provider irrespective of which part of the country you find yourself.
Best Option for Health Savings Plan: Kaiser Permanente
One of the best health insurance companies is Kaiser Permanente. This insurer provides health care through a chain of Kaiser Foundation medical centers and hospitals. It has received many customer service awards from top institutions and maintained an outstanding financial strength rating.
Kaiser Permanente offers health insurance to Residents of Washington, Colorado, Hawaii, South and North California, Georgia, as well as those living in the Northwest regions and Mid- Atlantic regions. It has over 22,000 participating physicians in its.
Best for Online Care: UnitedHealthCare
UnitedHealthCare has a financial strength rating of "A (Excellent)" from A.M. Best and is the single largest health insurer in the country. All the plans for essential care this insurer provides meet the Affordable Care Act (ACA) requirements. The UnitedHealthCare specializes in offering members access to online care.
With this feature, their members can participate in online wellness programs, speak with a nurse help hotline, and order prescriptions online. Members set up doctor's appointments online through the 24/7 portal, locate doctors, and file claims. For the mobile generation, they have a mobile app for easy accessibility on the go.
Best for Telehealth Care: Cigna
Cigna is also another global health insurance provider that provides 12 U.S. States with health insurance. In addition, it received an "A (Excellent)" financial strength rating from A.M. Best. It has over 500,000 participating physicians in its network. As one of the best health insurance companies, you don't need referrals to visit an out-of-network provider, although you could save more if you choose to see an in-network provider.
Best for Wellness Care: Molina Healthcare
Molina Healthcare provides health insurance to people living in Florida, Idaho, Illinois, South Carolina, Michigan, California, Mississippi, New York, Ohio, Puerto Rico, Wisconsin, Texas, Utah, Washington, and New Mexico. It has over 3.5 million members from all over the United States.
Plan choices and benefits vary by state. Most of the health plans of Molina Healthcare doesn't allow copays and include essential health care like vaccinations, prenatal, lab tests/x-rays, emergency services, hospital care, prescription drugs, vision insurance, and doctor's visits.