CareSource Health Insurance – Health insurance is essential to secure financial future, yet selecting an optimal plan can be daunting.
One company that has drawn much interest is CareSource. Although best known for Medicaid managed health plans, they also provide Marketplace health plans as well as Special Needs plans.
This blog post seeks to give a comprehensive overview of CareSource Health Insurance plans by discussing pricing details as well as customer experience ratings.
Cost of CareSource Health Insurance
In terms of costs for health insurance, CareSource provides average rates. For instance the Bronze plan provided by CareSource is less expensive than the national average by about $28 per month.
However the Silver and Gold plans are a bit more costly than the average national. Costs vary according to state. In Ohio the Silver plan that includes CareSource is just $65 per month than the average state however in Georgia it’s $81 more over the average state.
It is important to compare and shop around health insurance quotes to determine the best plan for your needs.
Plan Options and Types
CareSource has health plans that fit under three groups: Medicaid, Marketplace health insurance and Special Needs Plans (SNPs). CareSource also collaborates with states to provide specific state-specific programs and coverage options.
In the case of Medicaid, CareSource is one of the biggest provider of Medicaid managed care plans across the nation.
They provide a variety of Medicaid options based on the state you reside in.
For instance in Arkansas they have PASSE programs that assist Medicaid clients with more complex developmental, behavioral or intellectual health issues.
Marketplace Health Insurance Plans
CareSource sells family and individual plans through health insurance marketplaces. However, all of their health insurance plans are HMOs that means you only have access to doctors who are in network if you require coverage.
You’ll also require an appointment with an expert, which could delay treatment. On the bright aspect, CareSource is one of the most reliable healthcare insurance firms for cancer patients. They cover at minimum eight of the frequently prescribed cancer medications.
Customer Satisfaction
According to the National Association of Insurance Commissioners (NAIC), CareSource gets more than twice as many complaints than an average business of its size. Customer reviews at the Better Business Bureau (BBB) also indicate a low degree of satisfaction.
The majority of complaints are about claims denials, slow service, and difficulties in the resolution of issues. But, CareSource does have a BBB rating of A+ which means that it is responsive to complaints and tries to solve issues.
Special Features and Rewards
CareSource offers rewards program through its marketplace plans. You receive points upon completing health examinations such as annual physicals or cancer screenings. These points can later be exchanged for gift cards.
They also offer additional coverage options such as CareSource Dental, Vision and Fitness Plan which offers you a benefit of $1,000 for dental services, and $250 for contacts or glasses.
Conclusion
CareSource Health Insurance offers a variety of plans to meet diverse needs, ranging including Medicaid to Marketplace insurance. Although their rates aren’t too bad but they do offer special features, such as a rewards program or specific plans specifically for cancer patients.
However the customer support they provide leaves a lot to be desired and they have more complaints than the average. If you’re thinking of CareSource it is essential to evaluate the advantages and disadvantages and think about your individual requirements and needs.
