As with most everything in life, the best and the cheapest are rarely the same thing and you do tend to get what you pay for. The cheapest health insurance that meets the requirements under ObamaCare will have a very high deductible and have you paying for all health care services (except preventive care) out of your pocket until you have met that deductible that may be $6000 or more. If you never use any health care during the year then this would meet your criteria for being the cheapest and perhaps the best. The best heath insurance plans that meet the requirements under ObamaCare will provide you with reasonable copayments, a low deductible and relatively low out-of-pocket maximum financial exposure (maybe as low as several hundred or a thousand dollars). However, these plans will have a significantly higher monthly premium.
The true answer to your question is unique to each individual. You would be well served to seek out the services of an experienced health insurance agent who can help you define your needs and budget and then find the best health insurance plan (either in the government marketplaces or outside them) that fits your needs.
Go to I Hate Buying... oops. "NO self promotion allowed"... hehehe.
DO NOT shop based on JUST price.. BE SURE to understand the NETWORK you are buying.... In my area, CIGNA came out with great rates on their 2016 Plans.... yet, when you compare the # of specialists in their network vs. the #1 bought network (by my clients) you see a HUGE difference. In a 50 mile radius of my cities center: CIGNA has only 34 cardiologists... The other has 201. Family practice: 270 vs. 2002. OBGYN: 89 vs. 293.
YOU ARE BUYING ACCESS in today's healthcare system. Networks have been butchered to comply with the "affordability" part of the law. Olympic runners DON'T BUY shoes from Wal-Mart... You will get what you pay for.
Here is my suggestion... Work with an independent agent... A REAL independent. There are SO MANY "marketing groups" that SAY they'll shop the "Health Market" place. Truth is... most of these large/national marketing groups (just a hair shy of saying all) have hand picked carriers they work with. I just went to the site of a particular group... the ONLY carrier showing is the ONLY one paying compensation to the marketing group.
Obamacare has destroyed the profitability of the health insurance carriers. (Profit is GOOD people. You "profit" in your own household when you can spend lass than you earn.) With that said, SO MANY carriers are not paying compensation tot the brokers if you enroll someone in an ACA plan with that carrier. Cigna is an example. SO, go to the big dot.com sites, the large marketing groups, have removed these carriers from their websites. (Exactly why I DON'T HAVE a quote program on my website!!)
You can go to their site, shop, and THINK that is all the options you have.... Not so in most (if not all) cases.... Now, the carrier ON their site MIGHT BE the best choice.... Yet, how will you know unless you are told there are other OPTIONS.
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The true answer to your question is unique to each individual. You would be well served to seek out the services of an experienced health insurance agent who can help you define your needs and budget and then find the best health insurance plan (either in the government marketplaces or outside them) that fits your needs.
DO NOT shop based on JUST price.. BE SURE to understand the NETWORK you are buying.... In my area, CIGNA came out with great rates on their 2016 Plans.... yet, when you compare the # of specialists in their network vs. the #1 bought network (by my clients) you see a HUGE difference. In a 50 mile radius of my cities center: CIGNA has only 34 cardiologists... The other has 201. Family practice: 270 vs. 2002. OBGYN: 89 vs. 293.
YOU ARE BUYING ACCESS in today's healthcare system. Networks have been butchered to comply with the "affordability" part of the law. Olympic runners DON'T BUY shoes from Wal-Mart... You will get what you pay for.
Here is my suggestion... Work with an independent agent... A REAL independent. There are SO MANY "marketing groups" that SAY they'll shop the "Health Market" place. Truth is... most of these large/national marketing groups (just a hair shy of saying all) have hand picked carriers they work with. I just went to the site of a particular group... the ONLY carrier showing is the ONLY one paying compensation to the marketing group.
Obamacare has destroyed the profitability of the health insurance carriers. (Profit is GOOD people. You "profit" in your own household when you can spend lass than you earn.) With that said, SO MANY carriers are not paying compensation tot the brokers if you enroll someone in an ACA plan with that carrier. Cigna is an example. SO, go to the big dot.com sites, the large marketing groups, have removed these carriers from their websites. (Exactly why I DON'T HAVE a quote program on my website!!)
You can go to their site, shop, and THINK that is all the options you have.... Not so in most (if not all) cases.... Now, the carrier ON their site MIGHT BE the best choice.... Yet, how will you know unless you are told there are other OPTIONS.
Reach out with questions. - gravy