Compare Insurance Carriers for Healthcare Options
Find a comparison of major insurance carriers below. Most of these carriers offer many different tiers of plans through the marketplace or on the private market. Catastrophic, Bronze, Silver, Gold and Platinum. While all carriers have plans with different deductibles, and coverage options, there are much bigger things to worry about when looking for health coverage.
Most people do not look over their plan close enough or understand what it all means. Here are just a few of the things to consider:
- Does your plan have any exclusions?
- Does your plan have any waiting periods?
- Does your medication has a deductible?
- Are specialists covered?
- Are second opinions covered?
- Many more major differences…
This is why we recommend always speaking to a live agent before picking your health plan: to go over all of these factors and help you choose the best plan for your family.
Aetna Inc. has been around since 1853, when it started as Aetna Life Insurance Company. That is 166 Years as of the writing of this article. If longevity is a sign of a company’s success, they are winning! As of 2018, CVS acquired Aetna.
As a combined company, they are looking to transform the consumer health experience by offering local care that is easier to use, less expensive and puts consumers at the center of their care.
Aetna’s network includes over 22.1 million medical members, 12.7 dental members, 13.1 million pharmacy members, 1.2 Million Healthcare Professionals, 690k primary care doctors and specialists, and over 5,700 hospitals.
Blue Cross Blue Shield
Blue Cross Blue Shield Association (BCBSA) is 36 separate United States health insurance organizations and companies providing insurance coverage for over 106 million people. Blue Cross was founded in 1929 and didn’t merge with Blue Shield until 1982.
Blue Cross and Blue Shield were developed separately and with different purposes. Blue Cross provided coverage for hospital services while Blue Shield covered physician’s services. Under the Association are Blue Cross, Blue Shield, Highmark, Anthem, Premera, Cambia, Wellmark and many other state specific companies.
Cigna is an American worldwide health services organization founded in 1792 as Insurance Company of North America (INA). That is over 227 years insuring consumers. Cigna offers Medicare and Medicaid products and health, life and accident insurance coverages primarily to individuals in the U.S. and selected international markets.
Cigna has 95 million customers and 40,000 employees throughout 30 different countries. If you are looking for International health coverage Cigna has some great options.
Humana Inc. had 13 million customers in the U.S. as of 2014 and reported revenue of $41.3 billion in 2013. Humana is the 3rd largest health insurance company in the nation. Humana offers health benefit plans, dental plans, vision plans and based out of New York. Humana has millions of customers across the United States ranging from individuals, families, seniors, military and self-employed persons. According to their site the things that matter the most to them are:
- Affordable coverage
- Plenty of Options to choose from
- Huge network of Healthcare workers
- Exceptional customer care
- Wellness programs and tools to help you get and stay healthy
Kaiser Permanente is based in Oakland, CA and founded in 1945 by Henry J. Kaiser and Sidney Garfield. The Kaiser Permanente is made up of 3 entities: the Kaiser Foundation Health Plan, Kaiser Foundation Hospitals, and the regional Permanente Medical Groups. As of 2017, Kaiser Permanente operates in Hawaii, Washington, Oregon, California, Colorado, Maryland, Virginia, Georgia and District of Columbia and is the largest managed care organization in the U.S.
At the end of 2018 Kaiser Permanente had over 12.2 million members, 217k employees, 22k physicians, 59k nurses, 39 medical centers, and 690 medical facilities. Kaiser’s quality care has a strong emphasis on preventative care, and its doctors are salaried instead of on a fee-for-service based model. If you do not travel outside of these states Kaiser Insurance has some of the lowest rates and many options for health coverage.
United Health Group Inc. is ranked #5 on the Fortune 500 rankings of the largest corporations, as of 2018. They are the largest healthcare company in the world by revenue with $226.2 billion in 2018. United Health companies and subsidiaries served around 115 million people in 2016 alone. United Insurance plans have been around since 1977 as United Healthcare corporation. United health has dental, vision, family, business, short-term, GAP, Indemnity, Medicare and of course health insurance.
With all 50 states under their umbrella, United health plans are a great option if you travel throughout the United States. United healthcare has invested over $3.3 billion into technology and innovation of their systems.