Knowledge — 2 years ago

Best Health Insurance Companies in Nebraska

by Garry S.

Health Insurance Nebraska, Nebraska Health Insurance

What are the Best Health Insurance Options in Nebraska?

Nebraska has a host of health insurance companies that offer many different health care options from student to family plans. Nebraska uses the federally facilitated exchange, but the state oversees plans available for sale. It is one of the nine states in the U.S. that offers only one health insurance company on the state exchange – Medica Insurance Company. However, residents still have many options. Whether you choose to purchase insurance at the marketplace, directly from a company or through a broker, you will pay the same rate. There isn’t any one best insurance plan. Choosing the most optimum plan to suit your needs depends on criteria like your budget, coverage requirements, policy pricing, and offerings among other factors.

Different counties offer different plans, so your monthly premium will depend on where you live and which healthcare plan you select. Programs are divided into different tiers – gold, silver, and bronze/catastrophic.

Gold plans 

These plans have higher premiums and are best suited to individuals who use their insurance often since they will have the lowest coverage, copays, and deductibles. For example, a gold plan in the state will set you back by $862 every month in premiums, on an average, if you are 40 years old. This is approximately $90 more than the average monthly premium of a Silver plan in the same age demographic. At the same time, you are paying an average deductible of about $2,500 less than a Silver plan. So these plans are best suited to people who have high medical costs.

Health Insurance Nebraska

Silver plans

People who have nominal health care costs during the year typically choose silver plans. They are especially useful for people who have low-incomes as low-income households qualify for cost-sharing reduction (CSR) subsidies. These subsidies will help you reduce your out-of-pocket expenses. Silver plans take care of approximately 70% of your health care costs while you put in the remainder. Those who qualify for CSR subsidies will see their plans cover about 94% of their health care costs. The cheapest plans in this category as of 2019 are either Medica Insure Silver Copay or Medica with CHI Health Silver Copay. The former is available in all counties, but if both are, the latter will most likely be the cheaper option for you.


Bronze and Catastrophic plans

These plans are tailored for people with minimal health issues and youngsters. They offer the lowest premiums with the trade-off of the most expensive copays. To qualify for catastrophic plans, the candidate must be below 30 years or meet one of the exemption criteria. On the other hand, anyone can apply for a bronze plan, but the out-of-pocket costs like deductibles increase if you require medical care. Bronze plans to take care of about 60% of your health care costs. The average price of health insurance for a 40-year-old is about $618 (average monthly premium).

Expanded Bronze plans

Introduced in 2019, this tier extends the coverage of a bronze plan by covering an additional 5% of your health care costs. So they include about 65% of your health care costs.

Nebraska Health Insurance

Short term plans

The Nebraska insurance statute 44-787 defines a short-term strategy as a policy that lasts for less than 12 months or 364 days. The total plan duration can be extended up to 36 months and includes renewals. The state imposed requirements specify that a clear comparison should be made between the benefits of short-term plans and ACA-compliant individual market plans. People can make informed decisions and choose a plan that best suits their individual needs like mental health benefits, annual lifetime limits, pre-existing condition restrictions, maternity coverage, and pharmacy benefits.

The insurers that offer these plans in the state are – Medica, Everest Prime, Golden Rule (UnitedHealthcare), Standard Life, Everest, and Independence American Life.

For more information on health plans for individuals and families visit -

For more information on the cheapest health coverage by metal tier and the most affordable Silver health plan by county, go to -

But remember, the cheapest health insurance might not always be the best health insurance for you. Find a policy that will adequately meet your family’s health insurance needs.


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