Insurance companies offer medical plans to people who need to purchase individual best health insurance for themselves and their families. Health insurance can help you defray medical costs if you get sick or injured. Now, the state you live in determines which health insurers you have access to.
Next, we will leave you our top 4 of the Best Medical Insurance in the United States; that for this 2022 were rated 4.5/5 stars according to their price and quality of service:
THE 4 BEST HEALTH INSURANCE IN THE UNITED STATES
Blue Cross Blue Shield.
How are the Best Medical Insurances 2022 Ranked?
In the health insurance industry, a variety of rating agencies evaluate health insurance companies each year. All of this, depending on factors including:
Why do we mention the above? Simple, you can use these metrics to evaluate providers and choose the best insurance company for you. Here are the most common third-party ratings for the insurance companies we use in this guide:
JD Power . It is a global marketing information services company that ranks some of the best insurance companies based on customer satisfaction. Their rankings give each insurer a number between 0 and 1,000 and use rating factors such as price, customer satisfaction, policy offerings and interaction.
NAIC Complaint Index. The Complaint Index from the National Association of Insurance Commissioners calculates the company complaint rate based on the size of each insurer. A complaint ratio below 1.00 indicates that the company receives fewer complaints than expected for its size.
AM Best Financial Strength Rating . AM Best is a credit rating agency. A++ or “Superior” is the highest grade available. Generally, any company above A- is in above average financial condition.
1- Blue Cross Blue Shield: Best Overall
Blue Cross Blue Shield stands out for its well-rated plans , large network of providers, and wide availability in all 50 states. On the other hand, the plans are often more expensive than similar coverage from other providers.
The company offers a variety of options and plan types, including:
Health Maintenance Organizations (HMOs) .
Also, exclusive provider organizations (EPOs) are available .
Preferred Provider Organizations (PPOs) .
Blue Cross Blue Shield Highlights
Blue Cross Blue Shield health plans stand out for:
AM Best Financial Strength : A (Good)
NAIC Complaint Rate 0.58 (half the number of complaints than the industry average of 1.00)
Coverage available in all 50 states, Washington DC and Puerto Rico.
The network includes more than 1.7 million doctors and hospitals.
Advantages and Disadvantages of Blue Cross Blue Shield
BCBS is accepted throughout the United States.
It has a lot of negative user reviews online, specifically on Trustpilot.
Many policy options to fit your budget.
Clients have rated BCBS less than 3.5 stars in US Consumer Finance. Complaints include difficulty getting approval for medical procedures, coverage denials, and limited PPO options.
Widely accepted by doctors and specialists.
2- Kaiser Permanente: Best Medicare Advantage Plan
Kaiser Permanente offers the best individual health insurance options in eight states: Colorado, Oregon, Washington, California, Georgia, Hawaii, Maryland, Virginia, and Washington DC. This company is in our count because of its Medicare Advantage policy.
By the end of 2021, Kaiser Permanente has been crowned the leading company in customer service, according to JD Power. This rating, combined with NCQA’s high star rating, shows that this insurer stands out for both its policies and its approach to customer service .
Kaiser Permanente Highlights
This company provides exclusive benefits such as:
AM Best Financial Strength Rating : A+ (Very Good).
NAIC Complaint Rate 0.39 (Nearly two-thirds lower than the industry average of 1.00)
Access to your own Kaiser medical centers and doctors.
Exclusive loyalty discounts.
You can have a health savings account (HSA) and a debit card to cover eligible expenses with your HSA funds directly and without additional paperwork.
The HSA plan includes no hidden fees, and you can get a monthly plan fee waiver if your HSA balance remains at $2,000 per month.
Advantages and Disadvantages of Kaiser Permanente
Wide network of professional doctors from all specialties to speed up diagnosis and coordinate the treatment of each patient.
Coverage only available in eight states and Washington DC.
Free access to Calm and MyStrength mental health and emotional wellness apps.
Members can only seek care at network clinics.
Excellent Ratings for 2021 issued by JD Power.
3- Best Short Term Medical Insurance: United Healthcare
UnitedHealthcare is in our count because it can be a good option when you’re looking for short-term health insurance. This is our recommendation when you already have an employer health plan and want or need additional coverage.
The financial strength of this company is currently rated A+ (Excellent) by AM Best. Plus, every insurance plan you purchase with UnitedHealthcare is underwritten by Golden Rule Insurance Company. By 2021, this insurer was responsible for more than 70 million clients.
Financial Strength according to AM Best: A + (Excellent)
NAIC Complaint Rate 1.02 (number of complaints greater than industry average of 1.00)
Ideal for immediate medical protection if you’re waiting for your employer coverage to start.
You can choose the deductibles and the duration of coverage because all policies are personalized.
In addition, you can cancel your policy at any time you need without penalty.
Finally, you will have at your disposal more than 6,500 hospitals and medical centers nationwide.
Advantages and Disadvantages of UnitedHealthcare
1.3 million doctors and health care providers.
Some wellness programs are only offered for employer-sponsored plans.
Global Services provides health coverage for expats.
In some cases, the patient may be required to file claims.
Wellness programs include online weight loss support and rewards for reaching health goals.
Below-average ratings in nearly every category in a 2021 JD Power business health plan study.
4- Anthem: Best Health Insurance for Young Adults
Anthem is the best youth health insurance because of its low-cost coverage and variety of plan options. Additionally, Anthem is a subsidiary of Blue Cross Blue Shield; which means that members can have access to a large network of providers.
The expansive network can help policyholders access care within the medical network at multiple locations. For example: in your hometown, a college town, or an internship location.
Anthem’s plans typically have lower monthly costs than other providers; making them a good choice for those who are young and healthy . However, this insurer is not for you if you have ongoing medical conditions or need significant or expensive health procedures.
Anthem Insurance Highlights
AM Best Financial Strength : A (Good)
NAIC Complaint Rate 1.34 (number of complaints much higher than the industry average of 1.00).
Also, it offers affordable and personalized plans.
In addition, it is the ideal insurance to obtain basic medical coverage.
Finally, you’ll have access to affordable medications at CVS Pharmacy Nationwide.
Advantages and Disadvantages of Anthem Insurance
Anthem’s claim denial rate is double the industry average because its coverage doesn’t support costly medical operations.
It offers plans of:
Preferred Provider Organization (PPO).
Health maintenance organization (HMO).
Exclusive providers (EPO).
The claims process can be complicated, including the need for a referral letter from your primary care physician for certain services.
Some plans have a 20% discount on CVS-brand health care products.
Out-of-network health care providers may not be covered by some plans.
How do I choose the Best Health Insurance Plan?
First, try to choose a well-qualified insurance company that operates in your area. Then compare plans to match the level of coverage to your current needs.
A good rule of thumb is that a “Bronze” plan may be a good option for someone young and healthy. If you expect to need major health care, a “Gold” level plan can help you save money on health care.
- Which Health Insurance Company has the Highest Customer Satisfaction?
Kaiser Permanente is perpetually ranked as having the highest customer satisfaction. In addition, it stands out especially for its Medicare Advantage plans. However, Kaiser Permanent is only available in eight states and Washington, DC.