Anthem Insurance vs UnitedHealthcare: Which is Best in 2021?

Anthem Insurance vs UnitedHealthcare: which one is most popular..!

Anthem Inc. is an American health insurance company founded in 2004. Headquartered in Indianapolis, Indiana, Anthem is the largest managed health care company in the Blue Cross Blue Shield Association. The company functions as Anthem Blue Cross in California, and other states, it has different names. Anthem has over 40 million members.

UnitedHealthcare Group Incorporated is a US-based managed health care organization. Founded in 1977, UnitedHealthcare was the largest healthcare company globally, with a revenue of $242.2 billion in 2019. Its headquarter is situated in Minnetonka, Minnesota. UnitedHealthcare revenues encompass 80% of the Group’s overall revenue.

Anthem Insurance vs UnitedHealthcare:

Here is a brief comparison between Anthem and UnitedHealthcare:

Insurance Rating

Anthem and UnitedHealthcare are two of the best insurance companies in the United States. They have a massive amount of members who get benefitted from the companies.

Insurance Rating UnitedHealthcare Anthem
Medicare Star Rating 4.5 stars out of 5 4 stars out of 5
BBB Rating A+ A+
A.M. Best Rating A A-

So far, both Anthem and UnitedHealthcare are neck-to-neck in terms of insurance rating. But what about their insurance plans? What kind of plans do the companies offer? Let’s take a look.

Types of Healthcare Plans

In terms of healthcare plans, both companies offer similar plans. They have –

  • Health Maintenance Organisation (HMOs)
  • Preferred Provider Organisation (PPOs)
  • Health Savings Account (HSAs)
  • Health Reimbursement Arrangement (HRAs)
  • Medicare Advantage
  • Medicare Supplement

Both Anthem and UnitedHealthcare have a wide range of healthcare plans available at the individual, group, and senior levels.

Sample Plans

Here are some sample plans of Anthem and UnitedHealthcare:

Anthem

  MediBlue Coordination Plus (HMO) MediBlue Choice (HMO-POS) MediBlue Access (POS) Anthem Breathe (HMO SNP)
Location Manchester, NH 03111 Portland, Me 04122 Louisville, KY 40223 Los Angeles, CA 90010
Drug Coverage Yes Yes Yes Yes
Deductible $0 $0 $500 out of network $0
Out-of-pocket maximum $6,700 $5,500 in network, $8,500 combined $5,900 in network, $6,900 combined $1,500 in network
Primary care visit 20% coinsurance $0 $10 in network, $40 out of network $0
Network Must stay in network Lower costs for in-network services Lower costs for in-network services Must stay in network
Plan# H3536-004 H8432-005 H7728-004 H0544-013

UnitedHealthcare

  AARP Medicare Advantage SecureHorizons Premier (HMO) AARP Medicare Advantage Choice (PPO) Erickson Advantage Freedom (HMO-POS) Medicare Gold (Regional PPO-SNP)
Location Los Angeles, CA 90072 Columbus, OH 43230 Charlotte, NC 28266 Atlanta, GA 30312
Drug Coverage Yes Yes Yes Yes
Deductible $0 $0 $0 $0
Out-of-pocket maximum $1,000 In network: $4,500 In network: $4,200 $6,700
Primary care visit $0 $0 $10-20 $0
Network Must stay in network Lower costs for in-network services Lower costs for in-network services Lower costs for in-network services
Plan H0543-164 H8768-007 H5652-006 R2604-003

Mobile Apps

Anthem and UnitedHealthcare have mobile apps for both iOS and Android platforms:

Anthem UnitedHealthcare
Platform iOS Android iOS Android
User Rating 2.2 / 5 2.9 / 5 4.5 / 5 4.6 / 6
Number of Users 42 101 10.1 K 16.3 K

In this category, it seems that UnitedHealthcare is far ahead of Anthem with both user ratings and numbers. However, the Anthem Medicaid app is only available in five states – Indiana, Kentucky, Nevada, Wisconsin, and Virginia. Policyholders can use this app to locate doctors, hospitals, and pharmacies. Moreover, they can also view their claims, pay bills, and manage their prescriptions.

On the contrary, you can use UnitedHealthcare’s Health4Me app to find doctors and review your claim and coverage.

Advantages of Anthem and UnitedHealthcare:

Anthem UnitedHealthcare
With over 40 million members, Anthem is one of the topmost health insurance companies in the United States

Anthem’s health insurance plans are financially secured

Variety of Medicare and Medicaid health plans with huge benefits

Offers plans for individual and families who are not eligible for Medicaid and Medicare

Their mobile app is top-rated among the users

It operates throughout the United States

 

Disadvantages of Anthem and UnitedHealthcare:

Anthem UnitedHealthcare
In 2014, the family of a cancer patient filed a case against Anthem. The company refused to cover hospital charges of the patient; however, they had to pay a huge sum to the family because of public outcry

Anthem was given a penalty for untimely responses to the customers.

Their insurance plans are more expensive compare to other providers.


Frequently Ask Questions:

Is Anthem good health insurance?

Anthem scored 82.33 and ranked 8th place in the 2020 Best Health Insurance Company Survey. For customer service, it scored 4th place, whereas it ranked 12th place for their easy-to-use website and mobile apps. So, Anthem is a good insurance provider overall.

How does UnitedHealth Short term health insurance work?

UnitedHealthcare offers Short term insurance plans to its members. The plan provides a temporary solution for those who are in between jobs or waiting to start a job. Those who are waiting for their coverage to begin or waiting for Medicare acceptance are also eligible for this insurance plan.

Both Anthem and UnitedHealthcare have their individual benefits. In several cases, they compete for each other and top the insurance plans marketplace. You have to make a wise decision to choose between the two providers that will meet your requirements.

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