Best Oklahoma Health Insurance (2023 Plans)

MoneyGeek’s study found that the overall best health insurance provider in Oklahoma is Ambetter, with a MoneyGeek score of 70 out of 100. This company has the lowest maximum out-of-pocket costs and has several plans available. Based on monthly premiums, it is the second cheapest company in this comparison group.

To determine the company rankings, we analyzed data from Silver plans. Our data is composed of 18 HMO plans and 23 PPO plans.

Oscar is the best health insurance provider in Oklahoma for low out-of-pocket costs, with a MoneyGeek score of 70 out of 100. The company has the cheapest average premium per month for Gold plans. It also has a good reputation for approving a larger percentage of claims than other companies.

For this category, we analyzed 14 Gold HMO plans and 17 Gold PPO plans.

With a score of 79 out of 100 from MoneyGeek, Oscar offers the best cheap health insurance in Oklahoma.

To determine the best cheap health insurance in the state, we put an emphasis on affordability. However, remember that plans with cheaper monthly premiums tend to have higher maximum out-of-pocket costs.

We analyzed 18 Silver HMO plans and 23 Silver PPO plans to find out the winner of this category.

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

The best health insurance company for low-income individuals in Oklahoma is Ambetter. MoneyGeek gave it a score of 79 out of 100.

For this category, MoneyGeek gave more importance to affordability when ranking the insurers. We only evaluated plans with cost-sharing reductions (CSRs), which lower your deductible and MOOP. Moreover, CSRs prevent your MOOP from rising if you opt for lower premiums.

A standard Silver plan provides 70% coverage of your medical costs. Meanwhile, Silver CSR plans vary in terms of coverage. Below is the breakdown of how much it covers depending on your income:

• If your income is between $27,180 and $33,975 annually (201%–250% of the federal poverty level), your coverage is 73% of your health insurance costs.
• If your income is between $20,385 and $27,180 per year (151%–200% of the FPL), you will receive 87% coverage.
• If your annual income is below $20,385 (up to 150% of the FPL), you will receive a coverage of 94%.

Remember that these income brackets vary based on your household's size.

To rank the health insurers for this category, we analyzed 18 HMO plans and 23 PPO plans in the Silver tier.

The best health insurance provider for young adults in Oklahoma is CommunityCare of Oklahoma, which received a MoneyGeek score of 84 out of 100.

In our survey, we analyzed all providers offering Bronze or Catastrophic plans, which have the lowest premiums paired with high out-of-pocket costs. You can only purchase Catastrophic plans if you are under 30 years old.

Young adults in Oklahoma have access to the following types and tiers of plans:

• Catastrophic: Two HMO plans and five PPO plans
• Bronze: Six HMO plans and 10 PPO plans
• Expanded Bronze: 13 HMO plans and 23 PPO plans

There are several types of health insurance plans offered by different insurance companies. When all plan types are taken into account, the best Oklahoma insurance providers are:

• HMO: Friday Health Plans (MoneyGeek score of 89 out of 100)
• PPO: Oscar (MoneyGeek score of 65 out of 100)

Silver plans offer a strong balance between price and coverage, so they’re often the best choice for people prioritizing these two factors.

We evaluated 18 Silver HMO plans and 23 Silver PPO plans in Oklahoma.

As MoneyGeek's top pick for short-term health insurance in Oklahoma, National General Accident & Health is rated 85 out of 100. A short-term health insurance policy is ideal for people who need temporary coverage gaps since it doesn't cover all essential medical coverage under the Affordable Care Act (ACA).

The type of health insurance you need in Oklahoma will depend on your budget and health care needs. In short, if you’re willing to pay more in monthly premiums, you’ll likely pay less out-of-pocket when you need care. Multiple methods are also available for obtaining health insurance.

The Medicare health insurance program provides financial assistance to individuals with qualifying illnesses or disabilities, as well as to those who are 65 years of age or older.

Unlike Medicaid, a program that might be free, certain Medicare plan coverages may require you to pay. Medicare policies, however, are considerably less expensive than private insurance plans.

There are three parts to Medicare, each covering a different service:

• Part A: This includes care for patients needing inpatient hospital, hospice and home medical care. There are also nursing facilities included in this category.
• Part B: This part aids in paying for doctor's appointments, medical tests and supplies for medical needs.
• Part D: Vaccines and prescription drugs can be offset by this.

MoneyGeek ranked the best Medicare Advantage and best Medicare Supplement plans in Oklahoma in order to help you choose the right coverage.

In Oklahoma, Medicaid is a government-sponsored program that helps lower the cost of health insurance. The program is usually available to low-income children, pregnant women, low-income households and individuals with disabilities.

If you’re shopping for health insurance, you may still have questions about cost and availability. Below, MoneyGeek answers some of the most frequently asked questions.