Want to have some peace of mind about your life and future? The best way to do that is by getting health insurance that ensures you have the means to deal with any life-altering incidents or diseases. And when you’re looking at health insurances, you need to look at the Blue Cross Blue Shield Health Insurance Plans. Why? Because they’re the best ones you’ll get and the ones you need to make your life a little bit securer.
Blue Cross Blue Shield
Before learning more about Blue Cross Blue Shield health insurance plans, you should first know a bit more about the company itself. Founded in 1929, Blue Cross Blue Shield Association (BCBSA) consists of 36 individual health insurance companies and organizations in the United States. These companies provide health insurance to more than 106 million people throughout the country. It has its headquarters in Chicago, Illinois.
Blue Cross Blue Shield Health Insurance Plan Networks
To understand Blue Cross Blue Shield Health Insurance Plans, we start at the plan networks. Networks are sets of different plans that use particular groups of doctors, hospitals and various health care professionals to provide customers with maximum coverage of health care services. The costs of the networks and memberships vary according to the plan. So, while you’re choosing a plan, the first thing you have to look at is whether the doctor you see or the hospital you go to is in that plan’s network. If it’s not, you would need to pay more for getting the care you need; you may even need to pay the full amount.
Blue Cross Blue Shield Health Insurance Plan Levels
The next aspect of Blue Cross Blue Shield health insurance plans is the plan levels. Currently, Blue Cross Blue Shield health insurance plans have three different levels; bronze, silver and gold. Regardless of their level, all the plans are according to the rules of Affordable Care Act (ACA) and you get the same quality and quantity of care, along with the same essential health benefits. However, depending on the level of your plan, the amount you have to pay out of your pocket will differ.
You can read on below to learn a bit more about the different levels of Blue Cross Blue Shield health insurance plans:
- Bronze – this level has the lowest premium costs where the company pays 60% and you pay 40%.
- Silver – with a silver plan, you pay 30% while the company pays 70%.
- Gold – the gold plan has the highest premium costs where the company pays 80% and you just have to pay 20%.