Health insurance protects your family from hefty medical expenditures. Many criteria and possibilities make picking a health insurance provider and plan difficult.
This post will help you choose the best Utah health insurance for your requirements and budget.
Top Health Insurance Companies in Utah
According to the Utah Insurance Department, there are six health insurance companies that offer coverage on the state exchange in 2023. These are:
1. BridgeSpan Health
According to MoneyGeek, BridgeSpan Health is Utah’s finest health insurer. The state’s lowest rates and average maximum out-of-pocket (MOOP) charges are offered by it. Pregnancy assistance, health coaches, member discounts, and a 24/7 nurse hotline are all offered. BridgeSpan Health provides one HMO and multiple EPO plans in Bronze, Silver, and Gold.
2. Cigna Healthcare
Cigna Healthcare is the best health insurance company in Utah for EPO plans, according to MoneyGeek. EPO plans are similar to HMO plans, but they may offer more flexibility and lower deductibles. Cigna Healthcare offers four EPO plans in Bronze and Silver tiers, as well as dental and vision plans. Cigna Healthcare also has a high customer satisfaction rating and a low claims denial rate.
3. Molina Healthcare
Molina Healthcare is one of the most notable health insurance companies in Utah for low-income families who receive government assistance. It offers comprehensive Medicare and Medicaid benefits, as well as a dual-eligible plan that combines both programs. It also offers subsidized plans through the Marketplace Molina plan, which is the cheapest health insurance in Utah. Molina Healthcare also has a new initiative to improve access to healthcare for its members.
4. Regence BlueCross BlueShield
According to Benzinga, Regence BlueCross BlueShield is Utah’s finest specialty health insurance provider. It provides telemedicine, wellness initiatives, and a large provider network. Regence BlueCross BlueShield provides four HMO and four EPO plans in Bronze, Silver, Gold, and Platinum categories. Dental and vision plans are available.
5. University of Utah Health Plans
According to PolicyAdvice, University of Utah Health Plans offers cheap health insurance in Utah. It provides Medicaid, Medicare, and individual, family, and business coverage. Preventive, emergency, maternity, mental and behavioral health, and pediatric care are covered. A $0 monthly premium and copay PPO plan covers dentistry, vision, hearing, fitness, and OTC products.
6. SelectHealth
MoneyGeek says SelectHealth has the lowest out-of-pocket fees in Utah. It accepts most claims and has cheap MOOP expenses. Customer satisfaction and financial soundness are also high. SelectHealth provides dental, vision, and six Platinum and nine Gold HMO plans.
Factors to Consider When Choosing a Health Insurance Company in Utah
When choosing a health insurance plan in Utah, it’s important to carefully consider the following factors:
1. Coverage options and benefits
Different plans offer varying levels of coverage for medical services, medications, and other health-related expenses. You should compare the benefits offered by each plan and see if they meet your needs and preferences. For example, some plans may cover preventive care at no cost, while others may require a copay or coinsurance. Some plans may also offer additional benefits such as wellness programs, telehealth services, or member discounts.
2. Network of healthcare providers
Health insurance businesses work with physicians, hospitals, clinics, and pharmacies. HMO plans generally cover only HMO-affiliated doctors, with limited coverage for emergency out-of-network treatment. HMO coverage may require you to live or work within its service area and focuses on health and prevention. PPO plans to create a network of providers with whom they have contracts, offering cost savings when using in-network providers and higher costs for out-of-network providers. EPO plans cover treatments only if you visit network providers without needing a referral, while POS plans offer reduced costs for using network providers and require referrals from primary care doctors to see specialists. It’s important to check each plan’s network to see if your preferred providers are covered or if you need to switch.
3. Cost and affordability
Health insurance prices vary by plan. Monthly health insurance premiums. A deductible, copayments, and coinsurance are frequently required in addition to your premium., deductibles Before your insurance pays for covered health care procedures. For instance, with a $2,000 deductible, you pay the first $2,000. Covered treatments normally require just a copayment or coinsurance after your deductible. Insurance covers the remainder., copayments After your deductible, you pay $20 for a covered health care treatment. Your health insurance plan allows $100 for a doctor’s appointment. $20 is your doctor’s visit copay. After your deductible: $20 during the appointment. If you haven’t reached your deductible: $100, the whole visit fee, and coinsurance. Your percentage (e.g., 20%) of a covered health care service’s allowable cost. Coinsurance plus deductibles. If your health insurance plan allows $100 for an office visit and you’ve met your deductible, your 20% coinsurance payment is $20. The remaining price is covered by health insurance. Compare each plan’s expenses to your budget and predicted healthcare requirements. Check for subsidies and tax credits to decrease your expenses.
4. Customer satisfaction and ratings
Customer service, claims processing, financial stability, and care quality determine health insurance company ratings. You should verify business ratings from NCQA, J.D. Power, Consumer Reports, and BBB. Check Utah Insurance Department complaints and appeals.
Comparison of Plans from the Top Health Insurance Companies in Utah
| Company | Individual and family plans | Dental insurance | Short-term insurance | Medicare insurance |
|---|---|---|---|---|
| BridgeSpan Health | Offers a variety of plans for individuals and families, with different levels of coverage and premiums. | BridgeSpan Health also offers dental insurance plans, which cover preventive care, basic services, and major dental work. | BridgeSpan Health offers short-term health insurance plans, which are designed to provide temporary coverage for people who are between jobs or who have other gaps in their coverage. | BridgeSpan Health offers a variety of Medicare plans, including Original Medicare, Medicare Advantage, and Part D prescription drug plans. |
| Cigna Healthcare | Cigna Healthcare offers a variety of health insurance plans for individuals and families, including HMO, PPO, and POS plans. | Cigna Healthcare also offers dental insurance plans, which cover preventive care, basic services, and major dental work. | Cigna Healthcare offers short-term health insurance plans, which are designed to provide temporary coverage for people who are between jobs or who have other gaps in their coverage. | Cigna Healthcare offers a variety of Medicare plans, including Original Medicare, Medicare Advantage, and Part D prescription drug plans. |
| Molina Healthcare | Molina Healthcare offers a variety of health insurance plans for individuals and families, including Medicaid, CHIP, and Marketplace plans. | Molina Healthcare also offers dental insurance plans, which cover preventive care, basic services, and major dental work. | Molina Healthcare offers short-term health insurance plans, which are designed to provide temporary coverage for people who are between jobs or who have other gaps in their coverage. | Molina Healthcare offers a variety of Medicare plans, including Original Medicare, Medicare Advantage, and Part D prescription drug plans. |
| Regence BlueCross BlueShield | Regence BlueCross BlueShield offers a variety of health insurance plans for individuals and families, including HMO, PPO, and POS plans. | Regence BlueCross BlueShield also offers dental insurance plans, which cover preventive care, basic services, and major dental work. | Regence BlueCross BlueShield offers short-term health insurance plans, which are designed to provide temporary coverage for people who are between jobs or who have other gaps in their coverage. | Regence BlueCross BlueShield offers a variety of Medicare plans, including Original Medicare, Medicare Advantage, and Part D prescription drug plans. |
| University of Utah Health Plans | University of Utah Health Plans offers a variety of health insurance plans for individuals and families, including HMO, PPO, and POS plans. | University of Utah Health Plans also offers dental insurance plans, which cover preventive care, basic services, and major dental work. | University of Utah Health Plans offers short-term health insurance plans, which are designed to provide temporary coverage for people who are between jobs or who have other gaps in their coverage. | University of Utah Health Plans offers a variety of Medicare plans, including Original Medicare, Medicare Advantage, and Part D prescription drug plans. |
Please Note that this is just a general overview of the plans offered by these companies. For more specific information, please contact the company directly.
Comparison of Plans from the Top Health Insurance Companies in Utah – Individual and family plans – Dental insurance – Short-term insurance – Medicare insurance
