Best Maryland Health Insurance (2023 Plans)

With a score of 80 out of 100 on MoneyGeek, Kaiser Permanente is the best health insurance provider in Maryland. This company has affordable policies with better-than-average maximum out-of-pocket costs and a higher claims processing record. We looked at 180 health maintenance organization (HMO) plans and 20 preferred provider organization (PPO) plans in Maryland's Silver health plans for this category.

Kaiser Permanente is the best health insurance provider in Maryland for people who look to pay low out-of-pocket expenses. The company has a MoneyGeek score of 88 and is the best because it provides affordable premiums, low out-of-pocket maximums and excellent claims handling.

Two hundred Gold HMO plans, 20 Gold PPO plans and 20 Platinum HMO plans were the primary focus of our analysis in this category.

Kaiser Permanente is the best cheap health insurance company in Maryland, with an 89 out of 100 MoneyGeek score. Its plans average $346 per month.

When choosing the winner in this area, we gave affordability more weight. Low-premium plans, however, typically have higher out-of-pocket expenses. For this category, 180 HMOs and 20 PPOs were evaluated.

If you're focused soley on cost, MoneyGeek also determined the cheapest health insurance in Maryland.

Blue Cross Blue Shield is the top-rated health insurance provider for young adults in Maryland, receiving a MoneyGeek score of 60 out of 100. We analyzed health insurance providers offering Bronze or Catastrophic plans with low monthly premiums and high out-of-pocket expenses. Catastrophic plans are restricted to individuals who are either under 30 years of age or meet the criteria for a hardship exemption.

We evaluated 16 Catastrophic HMO plans, 200 Bronze HMO plans and 20 PPO plans in Maryland for this category.

In general, health insurance providers offer various plan types that have different benefits and features. According to our analysis of Maryland health insurance providers, Kaiser Permanente offers the best HMO plans, while Blue Cross Blue Shield offers the best PPO plans.

For this category, we only used Silver plans, which often provide a balance between affordable premiums and reduced out-of-pocket expenses. The review included a look at 180 HMOs and 20 PPOs in Maryland.

The best health insurance plan in Maryland is contingent upon one's health care requirements and budget. Achieving an optimal balance between affordable monthly premiums and reasonable out-of-pocket expenses is crucial. We evaluate key factors to look at while buying a health insurance policy.

Maryland residents over 65 years of age or who have a qualifying illness or disability might be eligible for Medicare. This is a federal program offering medical assistance but may require payment for some services. The services included are:

• Part A: Coverage for hospital-related services, such as care received at skilled nursing facilities or home, as well as inpatient care.
• Part B: Covers a wider range of medical services, including outpatient care, medical care and preventive services.
• Part D: Pays for prescription medications and any recommended shots or vaccinations.

If your Medicare policy covers Part A and Part B, private health insurance companies offer Medicare Supplement Insurance (Medigap) in Maryland to cover some Medicare costs. Maryland's Medicare Advantage is a private Medicare-approved health and prescription drug plan. These "bundled" plans cover Parts A, B and D.

Medicaid is a free-of-charge alternative available to Maryland residents who satisfy the eligibility criteria of the program. In Maryland, if your income is less than 138% of the Federal Poverty Level, you could be eligible for Medicaid coverage.

Searching for health insurance in Maryland may lead to questions regarding costs and accessibility. To help you find the right plan for your needs, we've answered some frequently asked questions.