Study: Which Cities Have the Best Rates for Gold Exchange Plans?
In this study, we searched for gold-level health insurance plans on the state and federal marketplaces in the 50 largest US cities. We ranked the least expensive premiums for gold plans in each city from lowest to highest so you can visualize what different insurance markets look like.
For each city, we compared rates for 30-year-old non-smokers shopping for a good set of healthcare benefits. Our criteria for plans included a deductible around $2500, if available, and more importantly, instant access to covered services for a copay.
This means that each of the plans below covers office visits with a primary or specialist doctor for a flat rate. Most plans we found also cover prescriptions and hospital care at copay.
The premiums don’t factor in subsidies that many people qualify for on the marketplaces, as they vary from person to person. We also looked for a relatively low out-of-pocket limit among the options provided.
In certain California markets, HMO plans with no deductible are the best option for comprehensive coverage. They offer copays or coinsurance on every covered service instead.
This data can be used to compare costs between major cities, and also provides an idea of the individual market on the Obamacare exchanges.
We chose gold plans because they offer more protection than the lower two levels of coverage, bronze and silver. Not only were we curious as to how much a good health plan would cost on the exchange, we thought you might like to know, too.
Results: Most Affordable Gold Plans on State Exchanges in 50 Largest Cities
|Rank||City||Premium||Carrier||Deductible|| Out-Of-Pocket Maximum
|8||Louisville, KY||$215||KY Health Cooperative||$1500||$3000|
|10||Portland, OR||$219||Health Net||$2000||$3500|
|13||Long Beach, CA||$225||Health Net||$0||$6350|
|14||Oklahoma City, OK||$228||BCBSOK||$1500||$3500|
|15||Las Vegas, NV||$230||Health Plan of Nevada||$1000||$4000|
|16||El Paso, TX||$231||BCBSTX||$1500||$3500|
|17||Baltimore, MD||$231||CareFirst BlueChoice||$1000||$3750|
|19||Los Angeles, CA||$245||Health Net||$0||$6350|
|21||San Antonio, TX||$249||BCBSTX||$1500||$3500|
|25||Colorado Springs, CO||$265||Colorado Choice Health Plans||$1500||$4000|
|27||Jacksonville, FL||$268||Florida Blue||$1300||$2600|
|28||Raleigh, NC||$272||Coventry One||$1250||$5000|
|29||San Diego, CA||$273||Health Net||$0||$6350|
|32||Denver, CO||$281||Denver Health Medical Plan||$1600||$5000|
|33||Omaha, NE||$288||Coventry One||$1750||$5000|
|35||Fort Worth, TX||$296||BCBSTX||$1500||$3500|
|36||Kansas City, MO||$298||Blue KC||$1500||$3500|
|38||Fresno, CA||$299||Blue Shield of California||$0||$6350|
|39||Virginia Beach, VA||$306||Anthem HealthKeepers||$750||$3500|
|40||Seattle, WA||$308||Bridgespan Health Company||$1000||$3300|
|41||Boston, MA||$317||Neighborhood Health Plan||$1500||$5000|
|42||Milwaukee, WI||$325||Common Ground HealthCare Cooperative||$500||$6350|
|43||Oakland, CA||$335||Blue Shield of California||$0||$6350|
|45||Sacramento, CA||$352||Blue Shield of California||$0||$6350|
|46||San Jose, CA||$358||Valley Health Plan||$0||$6350|
|47||Philadelphia, PA||$359||Independence Blue Cross||$0||$5500|
|48||Indianapolis, IN||$377||MDwise Marketplace||$700||$3000|
|49||San Francisco, CA||$396||Blue Shield of California||$0||$6350|
|50||New York, NY||$396||MetroPlus Health Plan||$600||$4000|