Cigna Health Insurance vs Blue Cross Blue Shield: Which Company is Best in 2021?

Cigna Health Insurance vs Blue Cross Blue Shield

Cigna Health Insurance is an American health services organization founded in 1982. Headquartered in Bloomfield, Connecticut, it provides insurance for medical, dental, disability, life, and accident insurance mainly to the U.S individuals. But, they also offer these services in certain international markets. Cigna provides these services through employers and various governmental and non-governmental organizations.

Cigna Health Insurance vs Blue Cross Blue Shield

Let’s take a look at what Cigna Health Insurance and Blue Cross Blue Shield have to offer to their members:

Provider Networks

Cigna Health Insurance and Blue Cross Blue Shield are two of the topmost insurance companies in the United States. Both the companies give a wide network coverage for their members. Cigna has a global network of over 1.5 million doctors, specialists, and other health care providers. Meanwhile, 95% of health care providers of the United States have a contract with the Blue Cross Blue Shield.

Healthcare Plans

Both Cigna and Blue Cross Blue Shield offers a variety of healthcare insurance plans. These include –

  • Individuals and Families
  • Employers and Businesses
  • Medicare
  • Dental
  • Vision

For more details about individual plans kindly contact your nearest insurance provider.

Medicare Advantage Plans

Cigna Health Insurance provides Medicare Advantage plans in 46 states and DC of the United States. Let’s consider Dallas, Texas, and find out what Medicare Advantage plans are offered by Cigna in there:

  • Cigna-HealthSpring Preferred (HMO)
  • Cigna-HealthSpring TotalCare (HMO SNP)
  • Cigna-HealthSpring Preferred (PPO)
  • Cigna-HealthSpring Advantage (PPO)

On the other hand, Blue Cross Blue Shield serves in 41 states and Dallas offers the following Medicare Advantage plans:

  • Blue Cross Medicare Advantage Value (HMO)
  • Blue Cross Medicare Advantage Choice Plus (PPO)
  • Blue Cross Medicare Advantage Choice Premier (PPO)

Remember that not all the plans are available in all regions.

Prescription Drug Plans

Prescription Drug Plans or PDP (Part D) is a Medicare plan provided by many health insurance companies. This plan covers the partial expenses of your prescribed medicines. Like any other insurance companies, both Cigna Health Insurance and Blue Cross Blue Shield offer three types of PDP plans (Dallas, Texas):

Cigna Health Insurance Blue Cross Blue Shield
        i.        2019 Cigna-HealthSpring Rx Secure (PDP)

ii.        2019 Cigna-HealthSpring Rx Secure-Extra (PDP)

iii.        2019 Cigna-HealthSpring Rx Secure-Essential (PDP)

        i.         Blue Cross MedicareRx Basic (PDP)

ii.         Blue Cross MedicareRx Value (PDP)

iii.         Blue Cross MedicareRx Plus (PDP)

 

Now, let’s take one plan from each of the companies and find out what they have to offer to the consumers:

Cigna-HealthSpring Rx Secure (PDP) Blue Cross MedicareRx Basic (PDP)
Deductible $435 $435
Tier 1 (preferred generic) $1 $1
Tier 2 (generic) $2 $4
Tier 3 (preferred brand) $26 14%
Tier 4 (non-preferred drug) 36% 25%
Tier 5 (specialty tier) 25% 25%
Plan number S5617-108 S5715-014

Medicare Supplement Plans

Both Cigna and Blue Cross Blue Shield offer different types of Medicare Supplement or Medigap plans. Cigna Health Insurance offers five plans in Texas, whereas Blue Cross Blue Shield sells seven plans.

Medigap plan Cigna BCBS of Texas
Plan A Yes Yes
Plan B No No
Plan C No No
Plan D No No
Plan F Yes Yes
Plan G Yes Yes
Plan K No Yes
Plan L No Yes
Plan M No No
Plan N Yes Yes
High deductible Plan F Yes Yes

In the end, we can see that the most important part of this comparison is the location. Depending on which area you reside in, you have to make the decision of choosing between these two insurance companies. From the plan comparison table, it is clear that both companies offer similar types of plans in Texas. Choose the best plan based on low premiums, low copays, or special benefits that meets your requisitions.

Frequently Asked Questions

  1. What type of health insurance is Cigna?

Cigna offers the following type of health insurances depending on regions –

  • Home Maintenance Organization (HMO)
  • Home Maintenance Organization Special Need Plan (HMO SNP)
  • Preferred Provider Organization (PPO)
  1. What type of plan does Blue Cross Blue Shield Offer?

BCBS offers the following health insurance plans –

  • Health Maintenance Organization (HMO)
  • Health Maintenance Organization Point-of-Sale (HMO POS)
  • Preferred Provider Organization (PPO)
  • Private Fee for Service (PFFS)
  • Medical Savings Account (MSA)

Special Needs Plan (SNPs)

You may also like: