Best Nebraska Health Insurance (2023 Plans)

Blue Cross and Blue Shield of Nebraska is the best health insurance provider in Nebraska, receiving a MoneyGeek rating of 59 out of 100. This insurer has affordable premiums and rarely denies claims.

MoneyGeek reviewed ten Silver HMO plans and 26 Silver EPO plans in Nebraska to determine the top health insurance provider in the state.

Oscar is the best health insurance provider in Nebraska for low out-of-pocket costs, receiving a MoneyGeek of 67 out of 100. In addition to a low out-of-pocket cost, the insurer has an excellent track record of approving claims.

We compared information from 19 Gold EPO plans and 10 Gold HMO plans available in Nebraska to rank insurers in this category.

In Nebraska, Ambetter offers the most budget-friendly health insurance, attaining a score of 74 out of 100 from MoneyGeek. The insurer has both low average MOOP and monthly premiums costs.

For this category, we weighted affordability more in our overall score. However, it’s important to note that plans with less expensive premiums usually have higher out-of-pocket costs. This might be a beneficial trade-off if you infrequently use health care services.

Our recommendations were based on an analysis of 26 Silver EPO plans and ten Silver HMO plans.

MoneyGeek also analyzed the cheapest health insurance in Nebraska for those who just want the cheapest rates.

In Nebraska, Ambetter offers the best health insurance for those with low incomes. It received a MoneyGeek score of 74 out of 100 for its affordable monthly premiums and low MOOP costs.

For this category, we only evaluated plans that have cost-sharing reductions (CSRs) and low monthly premiums. This included 26 Silver EPO and ten Silver HMO plans.

CSRs are discounts that lower your MOOP cost and deductible amount if your income is below 250% of the federal poverty level (FPL). In general, standard Silver plans cover 70% of health care costs; however, with CSR plans, the percentage of costs covered is greater depending on your annual income level. In Nebraska, for instance:

• An individual making between $27,180 and $33,975 per year (201%–250% of the FPL) may be eligible for a plan that covers 73% of health costs.
• Those earning $20,385 to $27,180 per year (151%–200% of the FPL) can expect to have 87% of costs covered.
• Those earning less than $20,385 annually (up to 150% of the FPL) could qualify for a plan that covers 94% of health costs.

Keep in mind these brackets are subject to change based on the size of your household.

Blue Cross and Blue Shield of Nebraska is the best health insurance provider for young adults living in Nebraska. The insurer received a MoneyGeek score of 70 out of 100 for its cheap monthly premiums and low claims denial rate.

For this category, we reviewed Bronze and Catastrophic plans, which usually feature low monthly premiums and high out-of-pocket costs. Keep in mind that Catastrophic plans are only available to those under the age of 30.

Data from the following plans was reviewed to determine the winner for this category:

• Bronze: Ten EPO plans and three HMO plans
• Expanded Bronze: 35 EPO plans and eight HMO plans
• Catastrophic: Four EPO plans

In Nebraska, ​​health insurance providers offer different plans. The following are the best providers for different plan types in the state:

• Best HMO Plan: Ambetter (MoneyGeek score of 100 out of 100)
• Best EPO Plan: Blue Cross and Blue Shield of Nebraska (MoneyGeek score of 100 out of 100)

The plans mentioned above are Silver plans. In Nebraska, Silver plans offer a good balance between premium costs and out-of-pocket expenses for the majority of people.

You can choose form 26 Silver EPO plans and ten Silver HMO plans in Nebraska.

National General Accident & Health offers the best short-term health insurance in Nebraska, receiving a MoneyGeek score of 95 out of 100. Short-term health insurance plans often have annual or lifetime coverage limits and may not cover pre-existing conditions. They also typically have higher premiums and less coverage than plans that comply with the Affordable Care Act (ACA). Because of this, they aren’t recommended as a long-term health insurance alternative.

When shopping for health insurance, remember that the best health insurance plan for you in Nebraska will depend on your individual health care needs and budget. Evaluate how much you’re willing to pay each month versus out of pocket for care.

Individuals in Nebraska who are aged 65 or older, as well as those with certain medical conditions, are eligible for Medicare. This is a federally-funded program that subsidizes the cost of health insurance for eligible individuals. Medicare is divided into three parts:

• Part A (Hospital Insurance): At no cost to policyholders, this covers inpatient hospital stays, hospice care and eligible home health care.
• Part B (Medical Insurance): Requires a monthly fee and covers medical costs for doctor visits, services, supplies and preventive care.
• Part D (Prescription drug coverage): Helps cover prescription drugs, including vaccines.

MoneyGeek’s guide can also help you find the best Medicare Advantage and best Medicare Supplement plans in Nebraska.

Medicaid is another government assistance program designed to offset the costs of health insurance for eligible individuals. To qualify for Medicaid in Nebraska, your income must be below 138% of the FPL. This makes it the most affordable health insurance option for those in a Medicaid extension state, like Nebraska.

MoneyGeek provided answers to frequently asked questions about health insurance plans in Nebraska, including cost and availability, to help you find an affordable provider.