Health Insurance plans are necessary for everyone as they cover any medical bills incurred by an insurer.
The thought of getting health insurance plans might seem expensive for most people however comparing the benefits of health insurance plans to the regular expenses you spend each time you visit the hospital should encourage you to get your health insured.
Finding the best health insurance companies that offer cheap health insurance plans depends on where you reside and your income. Health Insurance plans differ among states but in this article, we’ll be reviewing the best cheap health insurance companies in Arizona.
Table of contents
What Is Health Insurance?
According to Wikipedia, health insurance is a type of insurance that covers the whole or part of the risk of a person incurring medical expenses.
Health Insurance is insurance that covers any medical expenses that may arise from ill-health. Health Insurance provides financial security by covering for your medical bills incurred during accidents, sickness, or injury.
Why Is Health Insurance Important?
There are so many benefits or reasons why you should get health insurance, it provides financial security for you and your family when you fall sick or get an accident. It covers medical expenses you might not be able to afford on your own.
Medical bills like surgeries, drugs, scans, emergency care, and so on can be very expensive but with health insurance, the cost is reduced. Health Insurance also helps in preventing sickness through regular checkups and examinations.
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What are the types of Health Insurance plans?
Health Insurance plans are either gotten through private health insurance provided by employers or unions or by the government through Medicare or Medicaid.
Medicare is a health care plan provided by the government for people who are 65 years and older while Medicaid is a health care program designed to help low-income families and individuals get the medical care they need.
The different types of health insurance plans include:
Health Maintenance Organization (HMO)
This health insurance plan limits coverage to care from doctors who work contract with or work for HMO. It generally doesn’t cover out-of-network care except in an emergency. They focus more on prevention and wellness.
Exclusive Provider Organization (EPO)
Is a managed health care plan where services are covered if you use doctors, specialists, or hospitals in the plan’s network except in an emergency.
Preferred Provider Organization (PPO)
Is a health plan where you pay less if you use the providers in the plan’s network. You can also use providers and hospitals outside the plan’s network without a referral for an extra cost.
Point of Service (POS)
Is a health plan where you pay less if you use the providers, doctors, and hospitals in the plan’s network. To use this plan, you’re required to get a referral from your primary care doctor to see a specialist.
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What Are The Cheapest Health Insurance In Arizona?
We’ll be looking at the best cheap health insurance providers in Arizona. You’ll be getting important information about each of them to aid your decision.
1. Oscar
Oscar Health, Inc. is an American health insurance company founded in 2012, it is headquartered in New York.
This insurance provides health insurance coverage for both individuals and families. The health insurance provider offers various HMO health plans, they offer cheap health insurance in Arizona.
Oscar provides health coverage in several tiers giving you access to cheap health insurance plans. They offer health providers that understand your language, race, ethnicity, and health challenges.
They have an app where you can talk to a certified board doctor at no extra cost, anytime and anywhere. You don’t need a referral for any coverage.
The company’s app also partners with Apple Health or Google fit letting you earn $1 every day you hit your step goal.
The average cost of an Oscar health insurance plan is $516.
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2. Cigna
Cigna is a multinational managed healthcare and insurance company founded in 1982 in Connecticut.
They offer cheap health insurance plans in Arizona, the insurance company was ranked among the best health insurance providers in the 2019 J.D Power Health Plan Satisfaction Study in customer service.
Policyholders have access to various mobile apps. Cigna also has a huge provider network. You also get your prescriptions delivered at home.
They are available 24/7 which means you can reach virtual care nurses, doctors, or health care support anytime.
The health insurance provider offers affordable plans, with plans that offer $0 virtual care, $0 preventive care, and $0-3 generic prescription drugs. You can pay your insurance premium online, by phone call, or by check.
3. Bright Health
Bright Health is an American health insurance company based in Minneapolis. It was founded in 2016.
They offer cheap health insurance plans in Arizona and you can also get access to Bright Health rewards.
The reward system gives you cashback for a healthy choice.
Bright Health plan offers benefits like a $0 copay to see your primary doctor, a $0 generic prescription, and some plans give you $0 deductibles.
You also get convenience care, mental health benefits, and they’ve also added adult vision and dental care to their plans.
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4. Blue Cross Blue Shield
Blue Cross Blue Shield Association is a federation of 35 separate USA health insurance companies that provide health insurance in the USA to over 106 million people. It was founded in 1929, headquartered in Chicago.
They offer cheap health insurance services in 50 states nationwide including Arizona as well as globally.
Blue Cross Blue Shield of Arizona is the 2019 runner-up for the J.D. Power Health Insurance Plan Satisfaction Study award.
They rank as one of the best in providing great coverages, benefits, and outstanding customer satisfaction.
In addition. they have a large network of health providers in Arizona and nationwide. They offer both generic and brand name prescriptions.
Their plans include PPO, AdvanceHealth, EverydayHealth, True health, and Portfolio. You can apply online for health insurance plans.
5. Ambetter
Ambetter has been offering health insurance services in the USA since 2014. Ambetter’s products are offered through Centene Corporation a multinational Fortune 25 company founded in 1984.
Ambetter offers various plans and healthcare services to meet their member’s needs. They offer plans in various levels of bronze, silver, and gold.
Ambetter’s plans may also include several benefits like prescription drug coverage, preventive care, mental health and substance abuse benefits, wellness program, maternity, and newborn care, pediatric devices, telehealth, and more.
They provide cheap health insurance plans in Arizona. The company’s reward system lets you earn cash for future purchases by making a healthy choice.
You can use your rewards through doctor’s visit copay, pay your monthly utility bills or put towards your deductibles. You can apply or register online.
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6. UnitedHealthCare
UnitedHealthCare Inc. was founded in 1998 in Minnesota. One of its subsidiaries in the UnitedHealthCare Arizona Physicians IPA.
They offer various health insurance plans like Medicare, Medicaid, Employer plans, as well as dental, vision, and supplemental plans.
UnitedHealthcare offers cheap and affordable health insurance plans in Arizona. They provide health benefit programs for all ages and lifestyles. They also have access to a wide network of health care providers.
7. American Health Plan
American Health Plan is one of Arizona’s leading health insurance providers. They provide cheap health insurance plans in Arizona for individuals, families, and small businesses. There is also quality health care plans at the lowest rates.
They provide health insurance plans like major health insurance plans that pay for medical and surgical expenses incurred by the policyholder starting at $0, the short term major medical for a specific time normally 1-11 months starting at $49, limited or fixed benefit plan starting at $49, self-employed health insurance, group health insurance, Obamacare alternative and more.
8. TRICARE
TRICARE is a health care program of the United States Department of Defense Military Health System that provides civilian health insurance benefits for military members and their families. It is managed by the Defense Health Agency.
TRICARE provides cheap health insurance plans to many states nationwide including Arizona. They offer various health insurance plans and each plan’s availability depends on who you are and where you reside.
Active duty military members must purchase plans like TRICARE prime, TRICARE prime remote, TRICARE prime overseas, or TRICARE prime remote overseas.
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9. Aetna
Aetna Insurance Company was founded in 1853 in Connecticut. They offer health insurance plans, dental, vision, and other insurance services to individuals, families, employers, and more. They also provide Medicare and Medicaid plans to provide financial security for older adults and low-income families.
Their most popular plan is Preferred Provider Organization plans.
Aetna offers cheap health insurance plans in Arizona. They provide health savings account plans to individuals in Arizona.
These plans are meant for people who want control of their health insurance costs and where their money is spent.
The policyholders decided whether to purchase long-term medical care or short-term care. Aetna has a wide network of health providers which include primary health care doctors, specialists, and hospitals.
They offer two hospital plans and two high deductibles in Arizona. These plans are mainly for young healthier individuals.
10. Humana
Humana is an American health insurance company based in Louisville, Kentucky. It was founded in 1961.
Humana health insurance plans include Medicare, dental, vision, pharmacy, Medicaid, and group plans. Humana offers cheap health insurance plans in Arizona.
The health insurance company provides instant free quotes for Arizona residents. It offers flexibility in selecting the type of insurance coverage that best suits you.
Humana provides PPO and HMO plans. One of the health insurance’s most popular plans is the HumanaOne copay plan.
It also offers 100% after deductible plans as well as short-term medical plans. The company will provide you with a quote and also help in your application process.
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FAQs
It might look like health insurance plans are expensive but looking at the cost incurred in emergency rooms and surgery, the cost will look lesser, besides health insurance companies provide various plans with different premiums to reach as many people as possible.
Well if you don’t fall sick your money would still cover health insurance benefits like vaccinations and regular checkups.
Health insurance plans are very important because they help you when you’re sick and also help you avoid getting sick.
In 2020, the average health insurance cost was $456 for individuals and $1,152 for families.
Blue Cross Blue Shield of Arizona offers the cheapest health insurance plan, the Blue AdvanceHealth Silver – PimaFocus Network plan with an average monthly premium of $330.
Conclusion
The number of medical bills you want to cover influences the cost you’ll use for health insurance in Arizona.
When using the metal tier, health insurance plans are mainly categorized into five tiers, Gold, Silver, Bronze, Expanded Bronze, and Catastrophic in Arizona. An average silver plan costs $506 per month.
You can choose any of the tiers that work well for you. You’ll see the cost of each health insurance plan when you apply or register with an insurance company.
References
- https://www.valuepenguin.com- Best cheap health insurance Arizona
- https://www.moneygeek.com- Best health insurance Arizona
- https://www.ehealthinsurance.com- Arizona health insurance
- https://www.benzinga.com- Best Arizona health insurance
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