Agents Perspective
Humana One, a power player in the individual health insurance industry, from an agent’s standpoint, Humana and Humana One sits atop a small group of “ease of use” health insurance companies in the vary large health insurance market. Many independent brokerages offer Humana & Humana One products. Many of the top regional markets are influenced by Humana One’s competitive pricing options and many different reasons set Humana apart from the rest of the individual health insurance market.
Humana, starting in 1965 became an addition to the Health Insurance industry. After market shifts caused a definite need for individual insurance Humana One was developed in order to capitalized on industries Health Insurance trends and ever changing consumer demand for individual health insurance products. The new Humana One product line, ever changing to reflect economical and regulation changes, allowed the average health insurance consumer to purchase a health insurance solution through Humana that allow them to receive health insurance coverage without being employed by a large employer.
Many times an individual health insurance product will be less expensive than a typical group insurance plan. Also, with the amount of self-employed persons and small business owners, the true “American Spirit”, then demand for such health insurance products in the insurance market has been increasing. In addition, with a need to develop a less expensive alternative health insurance plans and the growing consumer base in need of health insurance, Humana One delivered a base platform of products and service that to this day is ever changing and adapting to remain in the tops of the health insurance industry.
At first glance, Humana One is focused on ease of use and quality health insurance coverage.
After all the initial impressions are left, the company is very good at enticing potential health insurance clients with low premiums and a friendly approach to securing health insurance coverage. Humana One has made the transition for an average consumer very worry free and technically advanced for most health insurance companies.
For agents and members alike Humana One’s website is very user friendly and all of the agent interface health insurance products are easy to use and very efficient for agents offering health insurance to their clients.
The process to get health insurance can sometimes be burdensome for many consumers and having the knowledge and capabilities that companies like Humana poses offers a better consumer experience, make most health insurance agents want to work to spread the word about Humana One and many want to offer their Humana One product portfolio to new clients.
Humana One’s product line is broken into 3 product lines with different specific types of each product offered under that line. They are the Humana Portrait Plan, Humana Autograph Plan, and the Humana Monogram plan for Humana catastrophic coverage. Each Humana One plan can be adjusted to each consumers health insurance needs and are varied in benefits and ultimately pricing offering choice to the Humana customers. The core of Humana’s business in the individual health insurance market is driven by the price conscious consumer and Humana One is more than happy to help them in the quest to become and educated Humana One health insurance member.
Their first and most inexpensive line is the Monogram. It is a health insurance product focused on a low cost solution to a major medical policy and offers a high deductible. It’s basis is to give members on a tight budget the option to have coverage while not having to worry about high health insurance premiums. It’s ideal for people of any age who may not need a rich health insurance policy, but know that in the case of a medical emergency, they won’t lose their home over high medical bills.
The second line is called the Autograph and offers an array Humana One health insurance products to fit many consumers health insurance needs. The Humana One Autograph comes in both a copay type setup and HSA type(Health Savings Account) plans. The health insurance copay plan is set up with a $5000 Humana One health insurance deductible and offers Humana One health insurance options on the prescription deductible and six Primary or Specialist visits for a copay. This Humana One health insurance plan type is not available in all states but is usually the cheapest of the copay plans available in any given Humana One health insurance market. The second type of Humana One health insurance Autograph plan available from Humana One is the Autograph HSA. It comes in many different options as far as coinsurance (the percentage of charges that a health insurance carrier will assume after all deductible is met), and deductible (the amount of charges a consumer must pay before the carrier will assume costs). The Humana One Autograph Total HSA will cover up to 100% of charges (on covered expenses) after a certain deductible is met. This will largely effect pricing but will not change the availability of Humana One health insurance services. Also, adding prescription coverage to any of the HSA plans will also effect the final Humana One health insurance rate. The Humana One health insurance plans have a strong benefit to the self employed and also to those who wish add an HSA account (an account established as a tax free benefit to help pay with medical costs) to help cover some expenses that may occur over a given calendar year. These are mid range Humana One health insurance in pricing and can be a great alternative to give cost effective solutions to those who are in need of Humana One health insurance.
The third and final product line is called the Humana One health insurance Portrait Share plan. The richest of Humana One’s product line and also the most expensive Humana One health insurance plan, the Portrait Share Humana One health insurance plan offers high level coverage for people who are in need of the most utilized parts of a health insurance plan (Doctors office copays and prescription coverage). They come in 2 different deductible levels ($2500 and $1000) and offer unlimited copays on Primary and Specialist visits, RX and emergency copays. Humana One health insurance Portrait and also offers the safety of major medical (hospitalization, inpatient and outpatient, and diagnostic services) health insurance coverage. There are optional changes that can be made in each Humana One health insurance Portrait Share plans to adjust coverage and pricing, each of which can be implemented at the time of application or during a given calendar year with Humana One health insurance.
Humana One health insurance also offers a variety of riders (additions to a policy to change coverage) that can add dental insurance, life insurance, or accident coverage. These will all effect final pricing but make Humana One a veritable one-stop-shop for many consumer insurance needs. They are simply designed to maximize consumer understanding and ease of use. Humana One on an efficiency level, based on daily interaction and in the process of daily business, is one of the easier carriers to write and one of the top health insurance companies with which agents do business. Humana One health insurance has set up superior systems and infrastructure for which agents can interact with representatives and follow up and issue new Individual Humana One health insurance policies. Humana One makes it easy for agents to interact and expedite issuance of new policies. Many new and innovative ideas are constantly being introduced to assist in the ease of use and overall effectiveness of Humana One’s underwriting and submission process. From the minute an agent contacts a new client, they can be assured that all the resources that they will need to effectively and clearly explain the benefits of a Humana One health insurance. With constant changes in technology, \ Humana One health insurance strives to be at the forefront of Electronic business and should be there for years to come as they continue to grao and offer innovative solutions.
The process is fairly simple. After being contacted by a Humana One rep, a consumer will have their information taken in order to receive the rates available in their area. This is done based on age, zip code the individuals rating on the body mass index. After looking over the plans and deciding which plan best suits their needs, a Humana One health insurance perspective client can fill out an application for coverage in a variety of ways. The Humana One health insurance application is a starting point and greatly assists in the process of underiting. The easiest is to electronically fill out forms on Humana One’s secure website or go to www.GetHealthInsurance .com. The online process is the quickest due to the Electronic signature (E-signature) to acknowledge the terms and conditions of the contract as well as provide instant submission to underwriting. An alternative is a direct phone call to a Humana One Representative. This will actually help skip a follow up call from a Humana One underwriter (a step which may or may not be necessary with an e-aplication). From here, the information is used to establish medical records, previous health insurance coverage and insurability. The process takes generally 15-20 minutes and can alleviate some of the headaches of past needs for procuring health insurance coverage.
After the initial Humana One health insurance application is completed, a Humana One Underwriter will contact those to be insured and review any information found in medical records or an application which can assist in finalizing rates and specifics of the contract. Individual Humana One health insurance insurance policies are written as Unilateral contracts (one sided) and need to be specific in order to effective convey all stipulation and let the potentially insured know about any additions or exclusions which may be enforced on a policy. The Unilateral function allows a consumer to cancel at any time and never be locked into any financial obligation to a carrier. Humana One health insurance also offers what is called a “Fifteen Day Free Look”. Most commonly all insurance policies offer 10 (by law), but Humana One health insurance strives on customer satisfaction and gives extra time for those who may not have the time to check and double check policies for an exact fit.
The next step, an agent or agency like Get Health Insurance will follow up on all policies and issuance in order to effectively keep Humana One health insurance consumers in the loop and push for a fast issuance of the Humana One health insurance policy. The quicker a person can be notified of their acceptance, the better their Humana One health insurance customer experience. Humana One health insurance has still remains one of the most effective companies in the Individual Insurance industry in the timeliness of issuance and also in the accuracy of risk evaluation which long term assist in stabilizing rates. Although many people do have to experience this underwriting process, some healthier individuals can have policies auto issued and be immediately accepted into the Humana One health insurance plans.
As an overall experience, Humana One has established an efficient and cost effective solution to serving Americans demand for affordable health insurance coverage and remains poised to take a top place in the competitive consumer driven health insurance marketplace the will further emerge in the next decade. By continually pushing and striving for excellence, Humana One Health Insurance will become a household health insurance name evolving with changing demand. Humana One is a great option for a consumers health insurance needs and offers a variety of products that can be tailored to suit a variety of members. With their ease of use and customer friendly staff, Humana One is a favorite among many people and can be a viable resource for great coverage at cost effective means.
*For a complete listing of benefits, exclusions and limitations please refer to the certificate of insurance. In the event there are discrepancies with this information on the GetHealthInsurance.com web site, the terms and conditions of the coverage documents will govern. Benefits, exclusions and limitations may vary from State to State. GetHealthInsurance.com and GHIC Corporation can not be sure that the information provided is 100% accurate because health insurance companies are continually changing health insurance benefits and language. We recommend you review full up to date coverage documents from the insurance company prior to making any financial decisions or commitments. Please call the GHIC Corporation HELP DESK at 877.236.7444. 8:30AM- 9:00PM Est. if you have any questions or need further assistance.
