If you’re in the market for a new insurance plan or you want to switch over to a health insurance plan that you feel more comprehensively safeguards your health, as well as the health of your family members, then it’s time to learn more about our top recommended insurance carriers. This list is based on our analysis of their plan offerings, deals, and deductibles. Here are our top three recommendations:
- Philadelphia American: This insurance carrier offers a plan that comes with no copays. It includes up to 20 doctor visits per year, costing the person if they exceed that (rarely anyone exceeds that number). Within this health insurance plan, they double their benefits, so you have a 30-day grace period by law (now 60 days with this plan). Additionally, if you are in a financial bind because of COVID-19, this health insurance plan will work out arrangements through the end of the year so that you don’t have to lose it, plus that 60-day grace period. Including everything you need to be covered short and long-term, Philadelphia American comes in at our number one ranking spot.
- Blue Cross Blue Shield (BCBS): Next, we have a healthcare provider within the Affordable Care Act (ACA) network. They include coverage for wellness, preventative checkups, and doctor’s visits. Anything else outside of that, and you need to meet the deductible first before the insurance covers the rest. However, this covers most – if not all – health requirements for people today. Once you meet the deductible, you have an out-of-pocket max, otherwise known as a second deductible. Let’s say you have a $5,000 deductible. Your out-of-pocket max could be $8,000, creating a range of $5,000 to $8,000. Insurance will pay 80% up until that max.
- Freedom Life and US Health Advisors: These carriers offer specified sickness and illness plans. Some other carriers will not cover certain illnesses that are outside of their specific list. This means that you could end up being on the hook for considerable medical costs if you are diagnosed with a disease not covered by another provider’s plan.
Of course, shopping for health insurance can still be confusing. Asking a lot of questions is key to choosing a plan that fits your needs, which is why consulting with an insurance broker can ensure you get the right coverage.
The last thing you want to gamble with is your investment in your health.