Best Health Insurance Companies in the USA 2024: In this article, we have covered the top 10 best health insurance companies in 2024 based on network coverage, plan options, member satisfaction, reputation, and affordability. Each company brings its strengths with national networks, flexible plans, health programs, and cost benefits to meet your healthcare needs. Compare these top-rated health insurers to find the right coverage provider for you and your family.
What do Health Insurance Companies do?
Health insurance is a type of insurance that covers medical expenses incurred by the insured. It helps pay for services like doctor visits, hospital stays, prescriptions, preventive care, and more.
Some key details about health insurance:
- Protects you from high medical costs: Health insurance limits your out-of-pocket expenses for healthcare services. This provides financial protection from unexpected illnesses or injuries.
- Provides access to healthcare: Health insurance gives you access to a variety of healthcare providers and facilities in your network. This makes it easier to get the care you need.
- Covers essential services: Most health insurance plans cover doctor visits, hospital stays, emergency care, surgery, lab tests, x-rays, prescription drugs, preventive care like immunizations and screenings, mental health services, and more.
- Comes from private companies or government programs: Health insurance is provided by private insurance companies or government health programs like Medicare and Medicaid. You can purchase an individual health plan or get coverage through an employer or organization.
- Has different plan types: Major health insurance plan types include HMO, PPO, POS, and HDHP/HSA. Each has its network, costs, and coverage rules. Key factors in choosing a plan are monthly premiums, deductibles, copays, coinsurance, and provider choice flexibility.
- May receive government subsidies: If your income falls below a certain level, you can qualify for government assistance programs like premium tax credits that reduce your monthly payment for health insurance purchased through the marketplace.
Health Insurance Companies in USA – Overview
| Factor | Description |
|---|---|
| Major Providers | Private health insurance companies, Medicare, Medicaid |
| Marketplace for Individuals | Healthcare.gov allows comparing and enrolling in individual health plans |
| Common Plan Types | HMO, PPO, POS, HDHP/HSA |
| Average Annual Premiums for Family Coverage (Employer-Sponsored) | $22,221 in 2021 |
| Uninsured Rate | 8.6% in 2019 |
| Covered Services | Doctor visits, hospitalization, emergency care, surgery, mental health services, prescriptions, preventive services |
| Out-of-Pocket Costs | Deductibles, copays, coinsurance |
| Tax Credits and Subsidies | Available based on income; reduces premiums and costs |
List of Top Best Health Insurance Companies in the USA
Here is a list of the top 10 best health insurance companies in the United States for 2024:
1. UnitedHealthcare
UnitedHealthcare is one of the largest and most well-known health insurance providers in the USA. Key features include:
- A large national network with over 1.3 million providers and 6,500 hospitals.
- Range of flexible plan options including HMOs, PPOs, and POS plans.
- Tools like myUHC.com help manage your benefits and healthcare costs.
- Rated 4/5 on ConsumerAffairs and accredited by the Better Business Bureau (BBB).
- Contact: 1-866-633-2446, website: www.uhc.com
2. Blue Cross Blue Shield
Blue Cross Blue Shield is a top health insurance company made up of independent local BCBS companies. Highlights include:
- Access to Blue Cross Blue Shield’s nationwide network with over 96% of hospitals and 92% of doctors across the U.S.
- Wide selection of health plan options from Bronze to Platinum coverage.
- Member discounts and benefits through the Blue365 program.
- Rated 3.5/5 on ConsumerAffairs and accredited by the BBB.
- Contact: 1-800-810-2583, website: www.bcbs.com
3. Cigna Health Insurance
Cigna delivers good individual and family health insurance options at competitive prices. Details:
- Large national and international network with over 1.5 million healthcare providers and facilities.
- Innovative programs like hospital quality ratings and $0 virtual care visits.
- Specializes in international health insurance plans.
- Rated 3.9/5 on ConsumerAffairs and accredited by the BBB.
- Contact: 1-800-997-1654, website: www.cigna.com
4. Aetna
Aetna is a leading health insurance provider with an extensive network of doctors and hospitals. Offerings include:
- A national network with over 1.3 million primary care doctors, specialists, and hospitals across all 50 states.
- Range of copays and deductibles to fit different budgets and needs.
- Member discounts and extras through the Aetna Health Connections program.
- Rated 3.4/5 on ConsumerAffairs and accredited by the BBB.
- Contact: 1-888-802-3862, website:www.aetna.com
5. Humana
Humana is among the top 5 largest U.S. health insurers and provides quality individual and group insurance. Benefits include:
- National network of over 413,000 physicians across all specialties.
- Affordable plans tailored to meet your healthcare needs and budget.
- Good selection of wellness programs and member rewards.
- Rated 3.4/5 on ConsumerAffairs and accredited by the BBB.
- Contact: 1-800-281-6918, website: www.humana.com
6. Kaiser Permanente
Kaiser Permanente integrates insurance with healthcare services for member convenience. Features include:
- Combines health plans, hospitals, pharmacies, and doctors under one network.
- Access to leading-edge clinical trials and treatments through an award-winning healthcare system.
- Specializes in individual and family plans in 8 states and Washington D.C.
- Highest rated health insurer by ConsumerAffairs with 4.7/5.
- Contact: 1-800-813-2000, website: healthy.kaiserpermanente.org
7. Anthem Blue Cross
Anthem Blue Cross delivers flexibility through a choice of quality health insurance plans. Offerings:
- Access to the Blue Cross Blue Shield provider network across the nation.
- Range of group and individual health plan options to meet diverse needs.
- Programs to help you navigate costs and achieve health goals.
- Accredited by the BBB with an A+ rating.
- Contact: 1-855-383-7247, website: www.anthem.com
8. Highmark Blue Cross Blue Shield
Highmark BCBS provides health insurance tailored to local member needs. Features:
- Access to 95% of doctors and hospitals across Pennsylvania, West Virginia, and Delaware.
- Variety of affordable major medical and catastrophic health plans.
- Programs supporting healthy lifestyles, holistic health, and living tobacco-free.
- Rated 3.7/5 on ConsumerAffairs and accredited by the BBB.
- Contact: 1-866-763-9471, website: www.highmarkbcbs.com
9. Molina Healthcare
Molina Healthcare focuses on affordable coverage for individuals and families. Highlights:
- Access to a network with 15,000 providers and hospitals nationwide.
- Marketplace (exchange) plans with options meeting the ACA coverage requirements.
- Programs that reward healthy behaviors with gift cards and cash.
- Rated 3/5 on ConsumerAffairs.
- Contact: 1-888-560-2043, website: www.molinahealthcare.com
10. Oscar Health
Oscar makes health insurance simple, intuitive, and human. Key features:
- Innovative member platform and mobile app to easily access benefits and doctors.
- Interactive tools to find quality in-network doctors, understand costs and track progress.
- Affordable premiums and zero-dollar virtual visits.
- Rated 4/5 on ConsumerAffairs.
- Contact: 1-855-672-2755, website: www.hioscar.com