Top 3 Health Insurance Companies of 2022 in USA
Health insurance companies offer health insurance plans to the peoples looking to buy individual health insurance plan for themselves or their families. Health insurance can assist with settling medical costs minimally if you become sick or injured and needs medical treatment. The region you live in will figure out which health insurers you have access to, and insurance plans vary from state to state in USA.
The best health insurance companies have high ratings when it comes to company’s financial strength, customer service ratings, claims service, plan prices, policy offerings, coverage benefits, and provider choices. There is no “Excellent” health insurance company, but the best one for you will depend on the type of health insurance package, your budget and available in your area.
The Top 3 Best Health Insurance Companies of 2022 in USA
- Best for Health Savings Plan (HSA) Options: Kaiser Permanente
- Best Large Provider Network: Blue Cross Blue Shield
- Best for Online Care: UnitedHealthCare
Kaiser Permanente (Best Health Insurance Company for (HSA)
Kaiser Permanente is a well trusted name among health insurance companies all over USA. It offers medical care through its managed care organization and network of Kaiser Foundation hospitals and medical centers in USA. Company won numerous customer service awards from J.D. Power & Associates.
Kaiser Permanente offers private health insurance to residents of California, Colorado, Georgia, Hawaii, Maryland, Oregon, Virginia, Washington, and Washington D.C. Its network includes more than 23,000 participating physicians and doctors.
If you live in one of Kaiser Permanente’s coverage areas, you can visit and apply from several plan options, including bronze, silver, gold, and platinum plans. Bronze, silver, and gold plans offer the option to add a health savings account (HSA).
The HSA options through Kaiser Permanente are available for high-deductible plans. The contributors with this plan can benefit as they are tax-free and can be used to help pay for qualifying expenses, including:
- Prescriptions
- Primary and specialty care visits
- Doctor and hospital visits
- X-rays
- Lab tests
- Ambulance and emergency care services
- Physical and occupational therapy
- Vision and dental care.
The HSA balance is transferable even in case you change jobs or location 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.
Kaiser Permanente is ranked no. 1 due to it’s strong customer service, Health saving accounts options, variety of health plans and only negative point with limited coverage areas in USA.
Blue Cross Blue Shield (Best Large network provider Health Insurance Company)
The Blue Cross Blue Shield (BCBS) Association offers private health insurance with wide range of coverage in the United States and over 170 countries. Over 110 million Americans have their health insurance through Blue Cross Blue Shield (BCBS). There are over 30 (BCBS) independent health insurance companies in the United States with Best financial strength.
The HMO plans offer the most comprehensive plans with 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. Same time PPO plans offer plus point and more flexibility with a great number of participating doctors.
In fact, Blue Cross Blue Shield 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 and benefits of Health Saving Accounts and flexible spending accounts (FSAs). With an FSA plan, you can save money tax-free for health insurance deductibles and other health-related expenses.
The HSA plan is similar but is only for high deductible plans and doesn’t have to be through an employer. 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.
The main benefit of BSBS is no matter where you live, there is a health care facility provider who accepts BCBS in your area / state, also there are many policy options and there is a plan available no matter how much coverage you may want. BSBS has only single negative point that customers have rated various BCBS companies less than 3.5 stars on Consumer Affairs. The complaints include difficulty in getting medical procedures approved, coverage denials, and limited PPO choices.
United Health Care (Best for Online Care)
UnitedHealthcare (UHC) is one of best health insurance company with “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. It offers individual insurance that meets the Affordable Care Act (ACA) requirements for essential care and beneficial for the individual with low budgets.
A real standout feature of UHC is the access to online care for all participants, including the ability to order prescriptions online, talk to a nurse via a free helpline, and participate in online wellness information. Members can also go online anytime to find doctors and get appointments, file claims, and even speak with a doctor through a mobile device. It even has a mobile app, so you can use these features and resources on the go.
United Health Care is a great choice for people who want the option to manage their health care electronically without visiting their locations. HMO and PPO plans are available with access to HSAs and FSAs. There are many benefits for the participants. such as Member can benefit with discounts available for a variety of health related products and services including: hearing aids, vision services (including Lasik), and smoking cessation programs.
They also have an extensive preferred provider network of over 1.3 million physicians and other health care professionals, which makes UHC a high ranked medical insurance providers.
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