Navigating the healthcare system in Oklahoma can be difficult. Finding affordable, high-quality insurance can seem like an even greater challenge.

But luckily for consumers, the health insurance market in OK is changing. More providers are moving into the state and providing competition for existing companies. This is good news, because more providers and more competition mean better rates for customers!

Here’s what you need to know to find the best, affordable health insurance in Oklahoma.

Affordable Health Care in Oklahoma

How to Get Cheaper & Affordable Health Insurance in Oklahoma

If you live in Oklahoma, you may be seeing some savings when it comes to healthcare soon.

Before Congress enacted The Patient Protection and Affordable Care Act (also referred to as the Affordable Care Act or Obamacare) in 2010, there was only one healthcare provider in the entire state of Oklahoma—Blue Cross Blue Shield. But when the Affordable Care Act (ACA) came about, three other providers entered Oklahoma. Between 2014 and 2015, there were four health care options in Oklahoma. This was great for consumers, because it decreased prices and made service more competitive.

The number went back down to one by 2017, but now, providers are on the rise once more. In 2019, another insurance provider offered their services in OK, bringing the grand total up to two. And a third, Bright Health, is being added in 2020.

Matthew Goldfuss, TrueCoverage’s Director of New Business Development remembers that “early on when Obamacare was just beginning to take off, there were lots of carriers. Then, all of a sudden you saw them dropping off of the exchange like flies! Oklahoma went down to just one carrier—and that was bad for the consumer. Last year they added a new carrier and this year they are about to add yet another one. This is good news!” 

Talk to Matthew Goldfuss to know more.

Average Health Insurance Costs in Oklahoma

Health insurance isn’t cheap. In Oklahoma, the average monthly cost of health care premiums is $696. However, if you qualify for a subsidy, the average cost is only $207.

In the ACA marketplace, there are a few factors that determine how much you have to pay for health insurance, including:

  • The level of coverage: You can choose from 4 levels—bronze, silver, gold, and platinum. They all have similar benefits, but lower level coverage means you pay less in premiums and more out-of-pocket, and vice versa.
  • Whether you qualify for a subsidy: Some people qualify for subsidies based on their income and family size. Subsidies can translate into lower monthly premiums and out-of-pocket costs. Calculate the subsidy
  • Where you live in Oklahoma: Your zip code may determine the price you pay for health insurance.
  • Your age: Though your age cannot preclude you from enrollment in a health insurance plan, your costs will change as you age.
  • Whether you smoke: The ACA allows insurance providers to charge tobacco-users a higher premium—up to 50% more!

You can use this calculator to determine your estimated health care cost based on these factors.

Top Health Insurance Carrier in OK

Health insurance companies in Oklahoma include Medica, United Healthcare, Humana, and AARP. But how do you choose between them while ensuring you’re getting the best service for the lowest price?

The best way to find cheap health insurance in Oklahoma is to compare, compare, compare!

Find the Best Deal on Health Insurance with TrueCoverage

TrueCoverage wants to help you find the perfect affordable health insurance option. We bring together all the provider plans in Oklahoma and make them easy to compare so that you can make the right decision for you and your family.

We know that health insurance is complicated, but we want to make it simpler. That’s why we translate the hard-to-understand jargon of healthcare into clear, straightforward language that makes sense to you. We give you all the tools and services you need to find the best health insurance in Oklahoma for the absolute best price.

We can help you calculate the subsidy you qualify for and find the perfect carrier for your requirements and budget. One of our experienced insurance agents will work with you to find the right discount. Call insurance experts.

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