Best Health Insurance Companies for the Unemployed of 2021

Why We Chose It: We chose Kaiser Permanente as our best for singles pick because they offer top-rated health insurance policies, the option to add a Health Savings Plan (HSA), and the convenience of an incorporated health system.

Health industry giant Kaiser Permanente provides a range of policies at price points to suit most and has options to add a Health Savings Account, which allows you to set money aside for health care. When finances are an issue during times of unemployment, every cent counts, which is why along with their superb reputation Kaiser is our top pick for singles.

Kaiser Permanente is a managed care organization. You cannot only purchase a health insurance policy from them but also use one of the 39 Kaiser Foundation Hospitals or 719 medical offices for health care. 

Policies include Medigap, Medicaid, Medicare Advantage and prescription drug plans, individual and group health insurance, dental, and vision. 

Kaiser has an AM Best rating of A for their financial stability, and J.D. Power and Associates consistently rank Kaiser at the highest level for customer satisfaction. However, Kaiser doesn’t have Better Business Bureau accreditation. 

One drawback is that only residents of the following states can purchase a policy: California, Colorado, Georgia, Hawaii, Maryland, Oregon, Virginia, Washington, and the District of Columbia. Policies can be purchased online directly through Kaiser or through the government Marketplace. 

Kaiser Permanente’s ACA offerings include bronze, silver, gold, and platinum plans with the option to add an HSA to the bronze and silver options. With an HSA, contributions are tax-free, and you can use them to pay for various qualifying expenses such as prescriptions, doctors and hospital visits, and diagnostic testing. It’s not a problem if you lose your job as the balance in the HSA can be transferred.

The bronze plan has monthly premiums of around $400, with a $7,000 deductible and a maximum out-of-pocket of $7,000. The silver plan has slightly higher premiums approaching $500 per month, but the deductible is reduced to $3,500. Coinsurance is 20{de3fc13d4eb210e6ea91a63b91641ad51ecf4a1f1306988bf846a537e7024eeb}.

A great benefit of the Kaiser plans is free preventative care, such as routine physicals and mammograms. As with all health insurance plans, there are exclusions, which include chiropractic care, cosmetic procedures, custodial care, and routine foot care.