Golden Rule medical insurance plans are a popular option for many consumers in the US. UnitedHealthcare (UHC), the parent company, makes it easy to apply for a quality, yet affordable policy. If you need comprehensive, student, temporary, high-deductible or HSA coverage, UHC plans will likely offer the benefits that you need. Their entire portfolio is available on our website.
UHC is a division of UnitedHealth group, the largest health insurance company in the US. Through all of their companies, more than 70 million Americans are insured with access to a nationwide network that includes more than 630,000 physicians and others in the field, 80,000 dentists and 5,000 hospitals. We offer their personal products at the lowest possible rates and as always, there are never any costs for utilizing our website. They offer a rare combination of low-cost, yet quality coverage.
Many Low Cost Choices
We specialize in making it easy for you to choose and compare the most highly-rated plans from any of the insurers. Whether you are self-employed, paying for existing coverage or without coverage, we’ll investigate and research the best companies and help choose the plans that suit your needs the best, including Golden Rule or any other company.
UnitedHealthcare’s “Copay Select” policy is one of the most popular comprehensive medical insurance plans in the US. Unlimited covered office visits have a $35 copayment (no deductible) with an option to reduce to $25. Wellness and preventive benefits are paid at 100% and include routine annual physicals, preventive mammograms, pap smears, PSA screenings, child immunizations and colonoscopies. Many additional available riders help you custom fit a plan to meet your unique situation. A basic version at a much lower cost is the Value contract. You can find details here.
Some of the rider options include, dental, vision, accidental injury, mental illness and term life insurance. The $5,000 and $7,500 deductible options will substantially reduce premiums without impacting many every-day types of coverage. Unless you are currently being treated for an illness, you should also be able to change your deductible on the anniversary date (subject to underwriting approval).
Deductible options on the “Copay Select” plan range from $500 to $10,000 with additional coinsurance options. Coinsurance is the percentage of the claim you pay after the deductible has been reached. It always has a cap and a 0% option is available. Comprehensive prescription drug coverage is included with a $15 copay for generic drugs and higher copays for non-generic drugs.
Basic dental and vision coverage is also included with the “FACT” membership that accompanies all UHC medical plans. The “FACT” benefits are offered at different coverage levels. You can elect a full-service dental or vision package that will provide an enhanced benefit feature not found in the “FACT” provided benefits.
Some of their policies will reward you for your good health by reducing the deductible each year. The maximum reduction is 50% but it’s a great money-saver. Only a few other carriers nationwide offer this (Assurant is one example). This feature encourages you to stay healthy so you can reduce the price you pay! It’s a concept that you also find on various car insurance policies.
HSA plans are affordable alternatives to comprehensive health care and their rates are among the lowest in the industry. Typically, an HSA will cost 20%-50% less than a comprehensive plan. The savings in premium can be deposited into the HSA side account and used to pay for qualified medical, dental and vision expenses on a tax-free basis.
Any unused funds in the HSA rolls over every year, so you can quickly accumulate money to use for a potential catastrophic claim. Interest is also paid on the accumulation, although rates are extremely low. These plans should be protected when the State Exchanges start in 2014. They would actually be one of the few attractive options for high-income earners.
Golden Rule’s HSA features one family deductible instead of individual deductibles. Thus, each family member’s medical expenses count towards the deductible. Once that amount is reached, 100% of all covered claims are paid on all family members. Prior to the deductible being met, negotiated network discounts will reduce the out-of-pocket expenses. This can make a big difference in office visit charges and especially lab tests and X-rays. We have always been a major proponent of using this type of policy. Many other policies have a deductible “per person.”
One of the least expensive personal medical policies in the nation is the “Saver 80” plan. Strictly offering catastrophic benefits, major medical coverages are included with deductible options from $500 to $10,000. Since office visit and prescription coverages are not included, rates are very low. This plan is popular for individuals and families that prefer to insure against major claims only. Your savings should offset many other medical costs that you incur.