Individual Health Insurance


Overview

In Illinois, your ability to buy an individual health insurance policy from a private insurance company no longer depends on your health status. Under the Affordable Care Act, you might qualify for a subsidy to help pay for your health insurance. If you qualify, the subsidy can be used to reduce the cost of your monthly premium or can be taken as an annual tax credit. To take advantage of a subsidy, you must choose a health plan that has been approved by the federal government and the government of Illinois. These plans, known as On-Exchange Plans, meet a set of standards that aim to eliminate benefit loopholes to make sure that people with pre-existing conditions are not being denied coverage.

If you don't qualify for a subsidy, you can still choose among the Health Exchange Plans, or consider one of the many private health insurance plans available in Illinois's private marketplace. We have rated these private plans on a 1-star to 5-star basis, with 5-star plans providing the most comprehensive coverage. What's the biggest difference between a private market health plan and a government-approved one? The trade-off is usually cost. Insurance companies can charge less for private plans with less-extensive network coverage or fewer benefits, which makes more-affordable options available to you.

Applying for Health Insurance

When applying for an individual health policy, you will be asked questions regarding your age, dependents, and income. Depending on your income, you might be eligible for a subsidy. To take advantage of a subsidy, you must choose an "On Exchange" health plan that has been approved by the federal government and the government of Illinois.

If you would like to consult with one of our licensed agents to review your subsidy eligibility or discuss your insurance options, please contact us.

Below is a list of our preferred companies offering individual health plans in Illinois:

Individual and Family Health Insurance Companies

Aetna for Illinois Residents

Aetna Aetna was ranked the 5th largest insurer in Illinois in 2012, according to Chicago Business. Its total network includes more than 1 million health care professionals and over 5,300 hospitals nationwide. Illinois residents who buy an Aetna exchange plan may not have access to the entire network of doctors and hospitals. Aetna offers PPO exchange plans in Catastrophic through Gold tiers.

Assurant Health for Illinois Residents

Assurant Health offers PPO plans that can be customized to meet your needs and budget. For individuals that need insurance for a limited period of time, Assurant offers the #1 short term medical plan of any company.


Blue Cross Blue Shield of Illinois for Illinois Residents

BlueCross BlueShield of Illinois is the largest and most popular health insurance company in the state. They boast the largest PPO provider network of over 23,000 physicians.


Humana One for Illinois Residents

Humana is one of the largest U.S. health insurance companies with over 11.5 million members. Humana Insurance and its subsidiary, Humana Health Plan Inc., are only available to residents living in Cook, Lake and McHenry counties, according to Chicago Business. The two companies are the only insurers in the state to offer Platinum exchange plans. Humana Insurance offers PPO exchange plans and Humana Health Plan offers HMO exchange plans in every tier.

United HealthcOne Golden Rule Plans for Illinois Residents

United HealthOne is the brand name of the UnitedHealthcare family of companies that offers personal health insurance products. Golden Rule Insurance Company, a UnitedHealthcare company, is the underwriter and administrator of these plans. With over 60 years of experience servicing individuals and families, Golden Rule provides high-quality products, timely claims handling, and outstanding customer service.

Unicare Health Plans for Illinois Residents

Unicare no longer offers individual plans in Illinois as of 2010.




Medicare Supplement Health Insurance Companies

AARP medicare for Illinois Residents

AARP through United Healthcare offers competetive Medicare Supplement and Medicare Part D plans in Illinois for individuals ages 65 and older and are insured by United Healthcare.


Blue Cross Blue Shield of Illinois for Illinois Residents

BlueCross BlueShield of Illinois is the largest and most popular medicare supplement health insurance company in the state. They boast the largest PPO provider network of over 23,000 physicians.


Mutual of Omaha Medicare Supplements for Illinois Residents

Mutual of Omaha Medicare Supplements are one of the most popular Medicare Supplement plans in Illinois because of their low rates, financial strength, and excellent customer service. These plans are typically priced lower than the same, popular BCBSIL Medicare Supplement plans.




Guaranteed Issue Health Companies

Guaranteed Issue Health Insurance for Illinois Residents

Homeland Health believes that everyone deserves the opportunity to acquire quality health insurance regardless of your medical condition. That's why Homeland Health Health Plans have assembled the most comprehensive Limited Medical Benefits in the country, fully insured by AM Best Companies and written on a guaranteed issue basis. If you are looking for health insurance that guarantees coverage regardless of your health history, Homeland Health is the insurance company for you.