A Look at the Different Plans Offered by Blue Cross
A Look at the Different Plans Offered by Blue Cross
If you’re looking to become a group Blue Cross health insurance broker, one of the important things you need to know about are the different plan levels the company offers to businesses. This will help you understand whether the plans are fit for your potential clients or not.
So without further ado, let’s take a look at some important details about the plans offered by Blue Cross, a reputed insurance provider.
Small Business Group Health Insurance Plan Levels
Something really impressive about the small group health insurance plans offered by Blue Cross is that they are designed to meet different and specific needs of businesses. In order words, it means that businesses won’t have to settle for a plan that’s closest to what they wanted, but may be able to find something that fits the bill perfectly.
Similarly, the plans are also quite flexible, making them a perfect product for most small businesses.
Coming to the different plan levels, there are four of them, being explained below.
- Bronze: The bronze plans cost the least but obviously mean higher medical expenses.
- Silver: The silver plans are slightly better than the bronze plans in terms of covering expenses, but cost a bit more.
- Gold: Most gold plans may be ideal for many small businesses, as they offer a great value, thanks to lower medical expenses and not being too expensive
- Platinum: The platinum plans are the best in terms of covering medical expenses, but cost the most.
However, a great advantage about these plans is that they come with the same types of health benefits and quality and amount of care. The only thing that differs is the coverage amount and medical expenses (besides the cost, of course).
This makes them great for a small business on a tight budget, as it can simply go with a bronze plan and still provide its employees with a great quality of care and many benefits, though the medical expenses taken care of by the plan will be less.
Another important point to note that Blue Cross provides the clients a broker refers to them with some useful information such as the things covered and not covered under the plan, exclusions and information about cost-sharing, as well as some coverage examples to make it very easy to understand for even those not familiar with how insurance plans work.
Wide Range of Plans for Large Businesses
Blue Cross believes that one size doesn’t fit all when it comes to large businesses. Perhaps that’s the reason it offers a really wide range of different group health insurance plans to large businesses.
It tries to offer unique solutions to every business, helping them achieve the balance they are looking for in terms of being generous with offering benefits and managing the budget.
Some of the important plans Blue Cross offers to large businesses include:
- Medical plans: Besides the usual traditional medical plans, Blue Cross also offers wellness plans or plans that allow you to pair them with health spending accounts
- Drug coverage: This is basically to minimize the costs through management programs
- Dental plans: The employees will be able to choose from many different types of networks, as well as even the copay levels and deductibles
Vision plans: These are unique offerings of Blue Cross that they offer with the help of their “vision care” partner to offer both convenience and savings.
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