Health insurance protects you from unpredictable medical expenses. In Iowa, an average hospital stay can set you back by up to $2,000 per day, according to data from the state’s Hospital Association. Therefore, affordable health insurance is vital for the state’s residents, promising peace of mind and protection against unforeseen medical bills. Here’s everything you need to know about cheap health insurance in Iowa.
Top Cheap Health Insurance in Iowa
Selecting the right health insurance coverage in Iowa is crucial for your well-being and financial security. With various options available, one must weigh the pros and cons of each plan carefully. Let’s explore some of Iowa’s top cheap health insurance options and what they offer.
Beem
Beem, an insurance platform, allows users to compare plans from various providers. From short-term medical coverage to accident and critical illness insurance, Beem ensures that users can choose plans that align with their specific needs.
| Pros | Affordable monthly premiums make it accessible for individuals and families on a budget. A wide network of healthcare providers across. Maine ensures access to quality care. Flexible plan options cater to diverse healthcare needs. Excellent customer service and support. |
| Cons | Coverage durations are limited. Some plans may have higher out-of-pocket costs. |
| Monthly cost | Short-Term Medical: $50 to $200+. Accident Insurance: $10 to $50+. Critical Illness: $20 to $100+. Dental Insurance: $15 to $75+. |
| Out-Of-Pockets | Varies with the specific plan chosen. |
| Deductibles | Offers deductible options to suit different budgetary requirements, ranging from $1,000 to $5,000. |
Blue Cross Blue Shield
Blue Cross Blue Shield offers comprehensive health plans with additional benefits, including free health and wellness discounts through Blue365. While it provides extensive coverage, you might encounter added costs beyond traditional Medicare and limited Special Needs Plans.
| Pros | Accessible in every state. Added benefits beyond traditional Medicare. Various plan structures to choose from. Many plans include $0 monthly premiums. |
| Cons | Added costs beyond traditional Medicare. Premiums and benefits may change annually. |
| Monthly Cost | Silver Plan: $413 to $471. Gold Plan: $398 to $461. Expanded Bronze Plan: $312 to $342. |
| Out-Of-Pockets | Maximum out-of-pocket is $8,900 (in-network). |
| Deductibles | Varies by plans, age, and family size. |
Medica
Medica offers essential coverage for low-income individuals and families in Iowa. Their Bronze plans, such as the Inspire by Medica Bronze Standard plan, provide lower monthly premiums, making them suitable for those looking to save on healthcare costs. However, eligibility criteria and coverage may vary across states, and there may be potential out-of-pocket expenses for certain services.
| Pros | Essential coverage for low-income individuals and families. Low or zero monthly costs for eligible enrollees. Wide range of covered healthcare services. |
| Cons | Varying levels of coverage and eligibility criteria across states. Potential out-of-pocket expenses for certain services. |
| Monthly Cost | Gold Plan: $576 to $593. Bronze Plan: $368 to $461. |
| Out-Of-Pockets | Maximum out-of-pocket is $9,450. |
| Deductibles | Individual, average deductible $7,173. |
Oscar Health Insurance
Oscar Health Insurance is known for its innovative approach to healthcare, leveraging technology to provide personalized and affordable services. While their marketplace plans offer different tiers of coverage and innovative tech features like telemedicine, they may have a limited network compared to larger providers, and customer service can be inconsistent.
| Pros | Affordable marketplace plans with different tiers of coverage. Innovative tech features like telemedicine. Cash rewards for meeting health goals. Flexible plans tailored to different needs. High customer satisfaction. |
| Cons | Limited network compared to larger providersCustomer service can be inconsistent |
| Monthly Cost | Silver Plan: $448 to $485 per monthGold Plan: $475 to $524 per monthCatastrophic Plan: $221 and $237 per monthExpanded Bronze Plan: $344 to $369 per month |
| Out-Of-Pockets | Ranges from $8,550 to $9,400. |
| Deductibles | $2,000. |
Aetna Health
Aetna Health is an affordable health insurance provider in Iowa, offering unique plans tailored to individual needs. While they provide quality benefits and lower average ACA premiums than other large health insurance companies, some plans may have higher out-of-pocket costs and deductibles.
| Pros | Lowest average ACA plan premiums among major insurers. Slightly higher than average ratings from the National Committee for Quality Assurance. Aetna, owned by CVS Health, offers members CVS Health store discounts. |
| Cons | Silver plan deductibles are above average. Higher than average complaints to state insurance departments. |
| Monthly Cost | Varies by age and plans; starting at $365 for teenagers to $990 per month for senior citizens. |
| Out-Of-Pockets | Some plans may have higher out-of-pocket costs than others. |
| Deductibles | Various deductibles tailored to the chosen plan type and coverage level are available [Average deductible for a silver plan $8,375 a year] |
Conclusion
Having affordable health insurance is important for Iowa residents. Everyone can get the medical care they need without worrying about money. With affordable health insurance, people in Iowa can look forward to a future where everyone can get the medical help they need. Ready to secure your health with no more worries? If you need short-term medical plans, accident insurance, or critical illness coverage, Beem is Iowa’s reliable partner for affordable health coverage.
Read Related Article: Cheap health insurance in Indiana.
FAQs
Who offers the lowest health insurance rates in Iowa?
The insurer with the lowest health insurance rates in Iowa varies depending on factors such as age, health status, and coverage needs. Compare quotes on Beem, the insurance marketplace to find the most affordable option.
How to get free health insurance in Iowa?
Free health insurance in Iowa is typically available through government-funded programs like Medicaid or the Children’s Health Insurance Program (CHIP). Eligibility is based on income, household size, and citizenship status.
Which plan has low deductibles and out-of-pocket costs in Iowa?
Medica and Aetna Health offer health insurance plans in Iowa with low deductibles and out-of-pocket costs. Additionally, Beem provides flexible health insurance options with low deductibles and out-of-pocket expenses, ensuring comprehensive coverage at an affordable price.
