Best Ways To Get Affordable Health Insurance In Illinois

There is no question when it comes to insuring your health. Health insurance is a very important purchase that protects and insures the health of an individual or policyholder. Not having health insurance is risky, both to you and your finances.

One of the main objectives of health insurance is to protect you from financial losses in the event of any health challenge. This type of insurance requires your insurer to pay for your medical costs or expenses.

Finding an affordable health insurance policy in Illinois however, can be a little tough. But with the right help and information, you can find a policy that suits your needs.

There are some factors that health insurance providers in Illinois consider when determining how much your health insurance premium would cost. Some of these factors include:

  1. Age
  2. Past medical history
  3. Smoking habits/tobacco use
  4. Geographical location
  5. Body mass index
  6. Type of plan you choose
  7. Occupation
  8. Policy duration etc.

These factors play an important role in determining your rates in Illinois. You can lower your premiums by managing some of these factors effectively. For instance:

Smoking :

Typically, smoking is injurious to health. It endangers your health and puts you at a greater risk of having some chronic diseases. These diseases include lung disease, heart disease, a chronic obstructive pulmonary disorder, cancer, and diabetes. It also increases the risk of having tuberculosis, rheumatoid arthritis and certain eye problems. The list is endless.

It is therefore understandable why health insurance providers are likely to charge smokers higher since they are more likely to fall sick.

If you are a smoker in Illinois and you are looking for cheap and affordable health insurance you should consider quitting smoking. It not only saves you money but also protects your health.

Body Mass Index

Body mass index(BMI) is a measure of the body’s weight to height. It is usually used to calculate body fat and if a person has a healthy weight. Having a body mass index is unhealthy and can put health at risk of several complications. Complications like cardiovascular disease, type 2 diabetes, high blood pressure(hypertension), osteoarthritis, depression and other mental related diseases.

In Illinois, individuals with a high body mass index are likely to be charged higher for health insurance because they are at a greater risk of needing medical care.

To help save on your monthly premium, maintaining a healthy body mass index is the best can do this by eating healthy and exercising more often.

Healthy individuals tend to pay the least on health insurance.


Health Insurance In Illinois

Health insurance is a type of insurance that pays for your medical costs. Health insurance covers a percentage of the cost of hospital treatments, prescription drugs, doctor visits and laboratory tests you need. It is designed to share your medical expenses with your insurer.

Health insurance providers in Illinois use a metal tier system to categorise the different plans available. They include Catastrophic, Expanded Bronze, Bronze, Silver and Gold. the more valuable metal tiers have higher monthly premiums with lower deductibles and out of pocket maximums while the less valuable metal tiers have low premiums but with higher deductibles and out of pocket maxes.

In Illinois, the average cost of health insurance premiums based on the metal tiers for a 40-year-old are as follows:

  1. Catastrophic: $376 per month
  2. Bronze: $358 per month
  3. Expanded Bronze: $422 per month
  4. Silver: $483 per month
  5. Gold: $563 per month

Best Health Insurance Companies In Illinois

The health insurance companies  below provide the best coverages for residents in Illinois:

1 Blue Cross Blue Shield in Illinois

Blue Cross Blue Shield in Illinois provides a wide range of health insurance policies in Illinois. They provide both PPO and HMO coverage types and help you balance coverage and costs by providing multiple tiers of each plan.

Blue Cross and Blue Shield offer great rates and multiple choices for you to choose from in Illinois.

2. HealthAlliance

HealthAlliance offers the most affordable policies to secure your health in Illinois. The company offers both HMO and PPO plans. Also, many POS plans include 0% coinsurance percentages for common health care services you might need. 

Make sure to check out HealthAlliance if you need good coverage with less premium cost.

3. Ambetter

With Ambetter, getting the coverage you need is very simple and stress-free. All you are required to have is your social security number, current health insurance, income information and some information about your employer. The company offers a selection of HMO plans in Illinois. Many of the plans in Ambetter have $0 coinsurance and copays for preventive care.

4. Cigna

In Illinois, Cigna’s coverage is not available in every county, just a few. HMO plans in Cigna are very affordable and they offer $0 preventive care. They also offer exceptionally affordable dental coverage and 24/7 customer service.

In Illinois, you can get your health insurance coverage either from your employer, an insurance company, the Affordable Care Act (ACA)marketplace or government health programs like Medicaid or Medicare.

While shopping for health insurance in Illinois, there are some cost-related terms you would come across. Let’s take a look at some of them to give us a better understanding.

Cost Related Terms


Premium is the monthly amount you pay to your insurance provider in exchange for health insurance coverage. You are required to pay your premium every month even if you did not need any medical care during a given month.


A deductible is the set amount you have to pay before your health insurer steps in. For instance, if you have a deductible of $500 and your hospital bill is $2000, your insurance won’t start covering your bills until you’ve paid off your deductible.


Coinsurance is the amount you pay for your covered health costs after you’ve paid your deductible. For instance, the Gold health plan covers 90% of your medical costs while you pay the remaining 10%. The 10% required for you to pay is your coinsurance. 

Out-of-pocket maximum:

The out of pocket maximum is the maximum amount you will spend on healthcare in a given year. Your insurance covers 100% of your medical costs when you reach yours out of pocket maximum.

Types Of Health Coverage

While in search of a coverage type in Illinois, there are different types of health insurance plans you would find in the Marketplace. Each coverage type has its own limit.

Health Maintenance Organisation

Is a group of health insurance providers that limit coverage to medical care provided through physicians who are under the contract with the HMO. If you enrol in an HMO plan, you will receive information on doctors and medical specialists who accept your insurance and you must stick with specialists and hospitals within your network. The only exception is in the event of an emergency. 

Preferred provider organisation(PPO)

This coverage type allows you to see any physician you like, whether they are in your network or not. With PPO you can visit any doctor you want without getting a referral. Although they are more expensive compared to HMO, they are worth the cost.

Point of Service(POS) plans

The point of service plans is a combination of HMO and PPO plans. With POS you are able to visit any doctor of your choice and still save money by staying within your network. However, you need a referral before seeing a doctor.


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