Maryland Exchange Health Insurance Plans
Qualified Plans on Maryland Health Connection
Beginning October 1, 2013, each state was required by law to have a new online marketplace where residents can buy health insurance. In these marketplaces, most states will offer five tiers of Obamacare Health Exchange Plans: platinum, gold, silver, bronze and catastrophic. Platinum plans will offer the highest level of coverage but tend to cost more in monthly premiums. Bronze plans will cover only a bare minimum of health care expenses but tend to have low premiums. If you are relatively healthy and want to pay less up front, consider a lower-tier plan such as bronze or silver.
You should also look at a Maryland Health Connection plan if you are lower-income, because the government will give financial help on a sliding scale to pay for premiums, and better benefits if you select a silver-tier plan. If you have not already done so, we can tell you if a Maryland Health Connection plan makes sense given your income on the State Overview tab, under the heading, "Do I Qualify For a Tax Break?"
Read ACA and Health Insurance: Which "Metal" Tier is Right for You? for more advice on choosing between metal tiers.
All Savers Insurance. All Savers is part of United Healthcare, a division of United Health Group, the largest U.S. insurance company. Its national network includes 726,500 doctors and 5,600 hospitals.
CareFirst BlueChoice. The parent company of CareFirst of Maryland, this nonprofit health-services company is the largest health insurer in the mid-Atlantic with over 3.4 million members. CareFirst is an independent licensee of the Blue Cross and Blue Shield Association, the oldest U.S. health insurance system. The Blue Cross and Blue Shield Association offers coverage in all 50 states, the District of Columbia and Puerto Rico and has 37 Blue Cross and Blue Shield companies that serve over 100 million members (one third of all Americans), according to the company. Nationally, Blue Cross and Blue Shield companies have contracts with over 96 percent of hospitals and 91 percent of providers. CareFirst serves residents in Maryland, Washington, D.C. and northern Virginia.
CareFirst Blue Cross Blue Shield of Maryland. A subsidiary of CareFirst BlueChoice, CareFirst of Maryland is also an independent licensee of the Blue Cross and Blue Shield Association. It offers insurance plans in every Maryland county.
Evergreen Health Cooperative. This new, nonprofit, member-governed, co-op offers Maryland residents exchange plans in Bronze through Gold tiers. A searchable provider directory as well as its drug formulary are available.
Group Hospitalization and Medical Services. GHMSI is a CareFirst company and is affliated with the Blue Cross and Blue Shield Association. GHMSI serves Maryland as well as Washington, D.C. and northern Virginia. Maryland residents who buy a GHMSI exchange plan may not have access to the entire GHMSI network of doctors and hospitals.
Kaiser Foundation Health Plan. A part of Kaiser Permanente, one of the largest nonprofit health insurance companies, the Kaiser Foundation Health Plan serves Maryland as well as Washington, D.C. and northern Virginia. It has over 481,700 members.
Last updated by Heilbrunn, Evi | December 6, 2013