Spotlight on Colorado Health Insurance Companies

Trying to become familiar with Colorado health plans can take a lot of research, since each plan has a menu of options designed to meet the needs of all their customers. As part one of a multi-part series, I will be providing basic information about Colorado health insurance companies.

Below is a summary of the plans offered by one of the best known Colorado health insurance companies, Anthem Blue Cross and Blue Shield of Colorado (BCBS). This company was given an “A” rating by the A.M. Best Company, and offers a variety of popular and affordable health plans.

• Blue Preferred is Anthem's PPO plans, which provides full-coverage for doctor's visits and prescription drugs with a low co-pay.
• SmartSense is a very basic plan offering that protects individuals and families at low monthly premiums, with higher deductibles.
• Lumenos HSA is a health savings account that gives members the opportunity to put away pre-tax income to pay for qualified medical expenses. Not only does this represent a tax savings, it also helps people spend less on medical-related expenses. A similar plan, the Lumenos HIA has some additional incentives to help members maintain optimal health.
• Tonik is a plan that is designed for young and healthy people. With co-pays of $20, $30 and $40, it covers generic medications, dental and vision with a choice of deductibles ranging from $1,500 to $5,000.
• RightPlan PPO 40 is a flexible plan that allows members to choose how much coverage they need by tailoring a plan that is based on the way members consume healthcare.

An insurance broker can give you an accurate health insurance quote based on your individual needs. Michael Horvat is a health insurance expert and broker with HealthQuotes.com in Colorado Springs, CO. If you are searching for Colorado health insurance plans or quotes, please give Michael a call anytime at 800-345-0789.