Suppose you’re looking for health insurance companies in Massachusetts. In that case, you have over 550 different licensed carriers approved by the state, yet not every company offers the same level of benefits – or comes at a similar price.
Without a doubt, the main challenge for Massachusetts residents is sorting through them and comparing the best health insurance companies for their specific needs.
But how can you compare rates among so many options in the state? Will the top-selling health plans cost extra for prescription drugs? And how much can you expect to pay out-of-pocket for visits with a specialist?
Questions like these are only natural when you need to find accurate, up-to-date information on health coverage, so this article highlights the best choices among Massachusetts health insurance carriers. To make the task easier for you, we’ve compiled a list of the most notable insurance carriers in Massachusetts that you need to know to get a great value and the protection you need.
What are the top health insurance companies in Massachusetts?
Rather than compare health coverage from hundreds of carriers manually, consumers usually opt for packages with reputable health insurance companies that offer range in all 50 states.
The other option is to choose a metal-tier plan from the federal health marketplace, so what’s the bottom line on how to decide which one works best?
Initially, you need to know the most popular health insurance carriers in the state, which we’ve listed below in alphabetical order, so we don’t seem like we’re playing favorites. Still, your main choices in Massachusetts boil down to:
- AllWays Health Partners
- Blue Cross Blue Shield of Massachusetts
- BMC HealthNet Plan
- Fallon Health
- Harvard Pilgrim Health Care
- Health New England
- Tufts Health Plan Direct
- Tufts Health Plan Premier
- United Healthcare
To compare them, you could visit every website and fill out several forms to receive ballpark quotes, but it’s tough to trust the accuracy of those figures. That’s why we created our platform at MassHealthPlans.com to make the search more accessible and fairer to the consumer when they can view prices side-by-side.
We believe that consumers should have all the necessary information at hand, so they don’t overpay for the same health benefits with a different insurer.
Generally, here’s what we recommend that you look for in health insurance companies in Massachusetts.
Find affordable premiums and deductibles for your budget
The difference between a premium and a deductible is a common source of confusion for people who don’t buy health insurance very often. Without a doubt, it’s vital to see the distinction before selecting a plan since premiums and deductibles can look similar at a glance.
A premium is the price of the health policy you must pay to initiate benefits, but on the other hand, a deductible is an amount you must pay before using any health services.
It can be confusing for beginners because some health plans may come with the same benefits, but the package’s premiums and deductibles could vary widely. Sometimes, a bargain insurance policy with a low premium will inevitably come with a higher-than-usual deductible amount.
Likewise, some insurance plans will come with a high premium but include a low deductible when you need to use the coverage to pay for health expenses. Deciding which one is best for you financially depends on how much you’ll actually use the coverage throughout the year, but you should always be on the lookout for hidden costs that could raise the price.
Watch out for hidden costs like co-payments for specialists
Other aspects to consider are the hidden costs that come with almost all insurance plans. The most popular health companies always disclose these costs well ahead of time. Still, you could be caught off guard if you’re not careful.
Co-payments for specialists and the cost of prescription drugs are two expensive categories that we don’t want you to overlook. The reason is that you may fare better financially by choosing a plan with higher premiums and lower out-of-pocket costs.
Most of the time, consumers choose the cheaper option to save money over the long term, but health insurance is a different product. It can cost more the less you use it, or it can become very expensive when you can least afford it. Finding a balance between price and coverage is the idea, although it’s not easy to compare plans on one website.
It seems counter-intuitive at a glance, but that’s one way that Massachusetts residents are saving money on MassHealthPlans.com. You simply have more information at your fingertips to make a wise choice.
Visit MassHealthPlans.com for more detailed information
So, when you’re ready to see prices, head over to MassHealthPlans.com to compare carriers’ side-by-side. There isn’t another platform that allows you to do that without typing in a lot of personal information. Some consumers value their privacy greatly, so we build our platform to accommodate your concerns.
With MassHealthPlans.com, all you need to get started is your basic contact information and a short questionnaire to give us an accurate idea of what you’re looking for. Then our platform will show you pricing information from various Massachusetts health insurance carriers.
Click to start comparing Massachusetts health insurance quotes today!