Best health insurance: Take Your Pick From The Best

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Having health insurance is essential, and one doesn’t realise it until they have to pay large sums for their illness. One may think of finding the best health insurance as a quest. It is even suitable to an extent. It’s no easy task to find the best match, but one can always find what suits them the best by focusing on their needs and budget.

It is known that one of the best ways to learn about a company is through its ratings, which is why we’ve analysed various ratings to give the correct idea of a company. We looked at the ratings provided by AM Best to assess insurers’ financial strength. We used ratings by the National Committee for Quality Assurance, the American Customer Satisfaction Index (ACSI), and J.D. Power to look at a firm’s customer service quality. For getting a better grasp of the complaints by the customers, the data from the National Association of Insurance Commissioners was utilised by us. Here are the best health insurance company listed, along with its brief:

UnitedHealth Group

Richard T. Burke founded the company in the year 1977 and its purpose is “to assist individuals in living healthier lives as well as to assist in making the health system operate better for everybody.” Like UnitedHealthcare and Optum, the company’s subsidiaries are known to insure nearly 46 million Americans in all the states. In addition, the firm ensures over 7.6 million individuals worldwide. The firm received an A rating from AM Best and a 72 out of 100 from ACSI. However, the company’s scores varied from one region to another for its ratings by J.D. Power, NCQA. The firm provides various kinds of insurances, namely:

International Travel
Group
Medicaid
Individual
Under 65 Major Medical
Medicare
Vision
Accident
Dental
Critical Illness
Hospitalisation

Note: The price of insurance varies for non-smoking women from one region to another.

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Kaiser Permanente

Henry J. Kaiser and Sidney R. Garfield found this company in the year 1945. The reason behind its formation was the healthcare issues that arose as a result of the Great Depression. One may avail this company’s benefits in these eight states:

California
Washington
Colorado
Georgia
Hawaii
Oregon
Maryland
Virginia

The company has received a score of 73 out of 100 from ACSI. However, the company’s scores varied from one region to another for its ratings by J.D. Power, NCQA, And NAIC Complaint Index. The company provides various insurance types; these include:

Under 65 major medical
Medicaid
Individual
Group
Medicare

According to the complaints index, one of the most found complaints was the delay caused in handling the claim by the firm.

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Note: the price of the insurance varies for women depending upon the region.

Aetna

This life insurance firm was found in 1853, and at present, is one of the country’s leading health coverage providers. One thing to know about Aetna is that it provides insurance neither to individuals nor families; instead, it gives insurance as per the group plans, such as those provided via Medicaid, employer and Medicare. The firm offers Medicaid coverage in 14 states, mainly in the Northeast and South. As per the estimate, Aetna covers around 22.1 million people. An A rating was received by the firm from AM Best and 71 out of 100 from ACSI. However, the company’s scores varied from one region to another for its ratings by J.D. Power, NCQA. There are various types of insurance:

Hospital indemnity
Medicare
International Health Insurance
Group
Dental
Vision
Critical illness
Accident
Student health

The company has approx. Thirty-seven complaints, out of which the most common reason is the denial of claims.

Centene

Centene Corporation in 1984 was established as a non-profit Medicaid plan. However, at present, this company advertises itself as the “biggest Medicaid Managed Care Organization” in the U.S. The main attraction of the firm is that it provides health coverage even to those who do not qualify for Medicaid. This firm is situated in St. Louis and covers over 25 million people throughout all 50 states. There are various types of insurance plans provided by the firm, namely:

Medicaid
Individual
Dental
Vision
Medicare
Under 65 Major Medical

Note: the price of the insurance varies from one region to another.

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Cigna

The two companies Insurance Company of North America (INA), founded in 1792, and another firm, founded in 1865, named the Connecticut General Life Insurance Company, merged to become Cigna Corporation. At present, this company has established itself in over 30 countries across the globe, with clients over 17 million. People can avail of this insurance in all the 50 states of the U.S. The company received an A rating from AM Best and a score of 71 in ACSI. However, the company received 456 complaints dealing with various reasons, out of which the maximum complaints were concerning the denial of the claims by the firm. There are numerous insurance types out there in the market, including:

Dental
Group
Under 65 major medical
Hospital Indemnity
Heart attack and stroke
Cancer
International
Medicare
Individual and family

Note: the price of the insurance varies as per the area of your residence.

Blue Cross Blue Shield

In the 1900s, there were two firms, namely: Blue Cross and Blue Shield, known for supplying healthcare services. It was in the year1982 that the two companies came together to form Blue Cross Blue Shield. The company has its headquarters in Chicago. Via the firm’s network, an estimate of 110 million people across all the 50 states are covered. The firm received an A+ rating from AM Best while scoring 72 out of 100 by ACSI. The company has received 37 complaints regarding the claims; one of the most common complaints is the denial of complaints by the firm. There are various types of insurances available, namely: