No single insurance company tends to have a “better” plan than another company. All health insurance companies that service California will offer the same four-tier plans (which we discuss below).
Now, health insurance companies will price these plans differently. Additionally, these plans will change in price from year to year. Purcha Insurance will find out which plan best fits your needs.
Important Note: We do not have relationships with any health insurance company as a health insurance broker. All we do is help our customers determine the best plan for the best price based on their individual and family requirements. In the end, you pick the health insurance plan and company that works best for your situation. There is no fee to you for our service.
Health insurance costs depend on four main factors:
That’s no longer a factor when health insurance is priced. Health insurance companies can’t use your pre-existing conditions as a factor in your health insurance cost.
There are four different categories (they’re called “metaled tiers”):
It can. If you’re looking at getting a health insurance plan while residing in California, it’s a good idea to look into Premium Assistance to see if you qualify for financial assistance toward your health insurance payments.
If you move to another state, then you will have to find a health plan in the state you move to. Your insurance doesn’t go with you state to state if you move. You are covered if you travel - you will have some out of network benefits for emergencies and things of that nature. But if you do in fact move, you have to sign up for a health plan in the state that you reside in.
All health insurance companies offer bronze plans. For instance, one of the plans is a Bronze 60. The benefits of a Bronze 60 is going to be exactly the same from carrier to carrier. Anthem Blue Cross’s Bronze 60 is exactly the same as Blue Shield of California’s Bronze 60 (as well as Kaiser Permanente and Health Net). The benefits are designed exactly the same, the only difference is the price. The Bronze plan will be the least expensive.Did you know?
There’s also a Catastrophic Plan. Up until age 30, one can get a Catastrophic Plan which has a higher out-of-pocket than the Bronze 60. This plan is designed for young people that may not need to use their health insurance often. One benefit is that the first three physician visits are free.
Health insurance plans adjust in price once a year.
No, it does not. There used to be an open enrollment period and a lot of people think this still matters. Because of new laws (Inflation Reduction Act), people are allowed to enroll year-round now.
Many people have a physician they prefer to see and want to keep them when they get new health insurance. Not all doctors will accept health insurance from all the insurance carriers out there. If you continue to see your physician and they do not accept your current health insurance provider, you will have to pay full price for all services and visits.
At Purcha Insurance we will check to see what insurance carriers your current doctor accepts for you.
Insurance pricing is based on where you reside. For example, if you live in a rural area, your pricing can be lower. People who live in big cities might pay more. Events like the probability of road accidents and other incidents are factored into the price.
At Purcha Insurance, we help people navigate through the Covered California online web application and assist them in finding the right plan for them at the right price.
Questions? Call Purcha Insurance at (714) 991-4855
CA License: #0716057