Costco Health Insurance is a service that allows Costco members to access health insurance plans from well-known providers such as Blue Cross Blue Shield and Oscar.
Costco Health Insurance also offers discounts and benefits to its members through its partnership with Custom Benefits Consultants, Inc (CBC).
However, Costco Health Insurance may not be the best option for everyone, especially those with complex needs or who do not have a Costco membership.
The Cost of Costco Health Insurance
| State | Average Monthly Health Insurance Rats | Average Annual Health Insurance Rates |
|---|---|---|
| National | $495 | $5,940 |
| West Virginia | $712 | $8,540 |
| New York | $701 | $8,413 |
| Wyoming | $670 | $8,039 |
| Vermont | $649 | $7,786 |
| Louisiana | $629 | $7,545 |
| Nebraska | $615 | $7,379 |
| Massachusetts | $599 | $7,184 |
| California | $588 | $7,056 |
| Alaska | $572 | $6,869 |
| Nevada | $566 | $6,792 |
| South Dakota | $561 | $6,730 |
| Missouri | $548 | $6,572 |
| New Jersey | $543 | $6,521 |
| Oklahoma | $539 | $6,464 |
| Florida | $528 | $6,336 |
| North Carolina | $521 | $6,247 |
| Illinois | $517 | $6,203 |
| Alabama | $514 | $6,163 |
| Delaware | $513 | $6,154 |
| Kansas | $511 | $6,138 |
| Connecticut | $505 | $6,062 |
| Tennessee | $495 | $5,937 |
| Texas | $492 | $5,900 |
| Arizona | $490 | $5,877 |
| Georgia | $489 | $5,874 |
| Mississippi | $485 | $5,821 |
| Utah | $477 | $5,730 |
| Idaho | $477 | $5,723 |
| Kentucky | $470 | $5,641 |
| Oregon | $467 | $5,603 |
| South Carolina | $462 | $5,550 |
| Indiana | $462 | $5,543 |
| Wisconsin | $461 | $5,527 |
| Iowa | $451 | $5,411 |
| Montana | $449 | $5,393 |
| Pennsylvania | $449 | $5,218 |
| Hawaii | $446 | $5,353 |
| Virginia | $443 | $5,318 |
| Ohio | $435 | $5,223 |
| Maine | $431 | $5,172 |
| Arkansas | $426 | $5,112 |
| Rhode Island | $417 | $4,999 |
| North Dakota | $410 | $4,923 |
| Michigan | $402 | $4,828 |
| Washington | $394 | $4,734 |
| Colorado | $377 | $4,524 |
| Minnesota | $362 | $4,340 |
| New Mexico | $350 | $4,196 |
| Maryland | $344 | $4,122 |
| New Hampshire | $335 | $4,024 |
How Does Costco Health Insurance Work?
To access Costco Health Insurance, one must be a Costco member. Costco membership costs $60 or $120 per year depending on the level.
Once a member, one can visit the Costco health insurance marketplace website or call 1-888-684-6939 to get a quote or speak with a CBC Healthcare Ambassador.
The marketplace allows users to generate customized health insurance plan quotes based on their personal information, such as age, gender, location, income, and health status. Users can also compare different plans side by side based on their features, benefits, costs, and ratings. Users can then enroll in their chosen plan online or over the phone with the help of a CBC Healthcare Ambassador.
The CBC Healthcare Ambassadors are licensed agents who can assist users with pre- and post-enrollment issues. They can also provide guidance and support in choosing the best plan for their needs and budget.
Additionally, users can access personal health advocate services through the partnership with Health Advocate. These services include assistance with claims resolution, provider search, appointment scheduling, medical billing issues, and more.
Advantages and Disadvantages of Costco Health Insurance
Costco Health Insurance has some advantages and disadvantages that one should consider before enrolling. Here are some of them:
Advantages:
- Access to health insurance for the unemployed, self-employed, and those with expensive work plans.
- Personal health advocate services through the partnership with Health Advocate.
- Easy-to-use marketplace with side-by-side plan comparison.
Disadvantages:
- Requirement for a Costco Membership.
- Limited guidance and simplicity of plans for individuals with complex needs.
- Variations in costs and availability of plans across different states.
FAQs
How can I get Costco health insurance?
To get Costco health insurance, you need to have a Costco membership. You can join Costco online or at any Costco warehouse. The membership fee is $60 or $120 per year depending on the level. Once you are a member, you can visit the Costco health insurance marketplace website or call 1-888-684-6939 to get a quote or speak with a CBC Healthcare Ambassador.
What are the benefits of Costco health insurance?
Costco health insurance has some benefits for its members. You can access health insurance plans from well-known providers such as Blue Cross Blue Shield and Oscar. You can also enjoy discounts and benefits on some of these plans, such as lower premiums, reduced deductibles, and free telehealth visits. Additionally, you can access personal health advocate services through the partnership with Health Advocate.
What are the drawbacks of Costco health insurance?
Costco health insurance also has some drawbacks that you should consider. You have to be a Costco member to get Costco health insurance. You may not find the best plan for your needs if you have complex needs. You may also face variations in costs and availability of plans across different states. Moreover, you may not get enough guidance and support from the CBC Healthcare Ambassadors.
What are the types of Costco health insurance plans?
Costco offers different types of health insurance plans through its health insurance marketplace. You can choose from individual plans, small business plans, large business plans, and Medicare plans. These plans have different features, benefits, costs, and ratings. You can compare these plans side by side on the marketplace website or with the help of a CBC Healthcare Ambassador.
