Two companies that you can use for insurance are Humana and Aetna. Both of them are considered to be top of the line when it comes to health insurance. You will also find that they are the most widely accepted health policy companies in the nation.
The Best of the Best: Humana Insurance
Humana is known for ‘wide coverage’. It is a large company that offers group insurance, mostly through employers. As such, those who avail of health insurance at work are most likely covered by Humana insurance. Humana is also popular because their costs are low and their policies are accepted at most major hospitals.
Establishing a Name for Themselves: Aetna
Aetna is not as well known as Humana in the health care world, although it is up and coming. It is pretty much accepted at most places where Humana is accepted, although there many be a few places where Humana is accepted and Aetna is not. Also, Humana has a host of medical care facilities that give special breaks to people who carry their insurance, Aetna does not. However, whereas Humana is known for group coverage, Aetna is known to offer individual policies that are ideal for self-employed individuals who want health insurance coverage too.
A Question of Choice: HMO v/s PPO
Both policy providers carry PPO and HMO plans, although Humana is currently trying to get away from HMO plans as a whole. PPO plans enable you to use the doctors that are in their network as a source of health coverage. Most health insurance companies today offer either HMO, PPO or general health insurance and Humana and Aetna offer the same. General health insurance covers you wherever you happen to be, even if you are on vacation or in another company. They will usually pay 80 percent of the health care costs and you have to pick up the other 20 percent and have a deductible.
Both Humana and Aetna have health care plans for individuals and businesses that offer this type of insurance. People like this because they do not have to worry about using a special network when they are looking for insurance. They can go wherever they want to get the insurance coverage that they need.
PPO insurance plans allow that the people choose their own doctors, but charge them more if the doctors are out of the network. Many people prefer a PPO because they can use doctors in the network to save money, but still have the luxury of choosing their own doctors. Both Humana and Aetna have plans for PPO.
HMO is when you can only use the doctors in the network of the provider. Both Aetna and Humana are stepping away from this type of plan that has proved to be very unpopular with the public.
You can expect to pay about the same for coverage through Humana or Aetna. Large groups will pay less for coverage of employees than individuals of course.