Golden Rule Health Insurance Company
Are you wondering whether the Golden Rule Health Insurance Company might be the health insurance company for you? In choosing a health insurance company, it is good to consider their history, goals and scope. Looking at the company’s products and plans is also important. In addition, you may want to know if the company is well rated.
Lastly, you will want to compare the price of health insurance through Golden Rule Health Insurance Company to comparable plans from several other companies. Review the information you’ll find below, and then you’ll be in a great position to make an informed choice among health insurance providers.
Read through this Golden Rule Health Insurance review, take a look at the ratings and reviews of Golden Rule left by customers of Golden Rule at the bottom of the page, and then use the free health insurance quote finder on the side of the page to compare health insurance quotes from top providers online.
History of Golden Rule Insurance
Golden Rule Health Insurance began in 1949. In 1993, Golden Rule developed the first medical savings account and in 2003, it merged with United Healthcare Company (click to read the United Healthcare review). Today it operates under the UnitedHealthOne brand name of the United Healthcare family.
The United Healthcare family includes the Golden Rule Health Insurance Company, the American Medical Security Life Insurance Company, and the United Healthcare Company. Golden Rule Health Insurance Company is licensed nationally and has plans for groups, individuals and businesses of all sizes. Although widely licensed, their plan availability varies from state to state.
Golden Rule Health Insurance Company strives to treat people fairly. As a result, they try to treat others as they would like to be treated. This company says that they desire to have transparency and honesty in their reporting practices and regulatory dealings, and they put a strong emphasis on communicating clearly with customers. They are committed to continuous improvements and show this commitment by choosing definable goals and measuring their progress.
Golden Rule Copay Plans
Golden Rule Health Insurance offers two co-pay type health insurance plans, Copay Select and Copay Saver. These plans are traditional in nature and offer preventative care with small co-payments due at the time of service when network doctors are used. Copay Select has comprehensive coverage for history and exams after a $35 co-payment. Inpatient and outpatient expenses are covered with Copay Select. Copay Select also includes a prescription drug benefit. Like Copay Select, Copay Saver offers coverage for network doctor’s visits where a co-payment would apply at the time of treatment. This plan has lower monthly premiums but coverage is limited to two people per calendar year.
Golden Health Savings Accounts
Golden Rule Health Insurance also has Health Savings Account Plans. Health savings accounts allow the insured to get lower monthly premiums because you agree to pay a deductible each year. The insured person sets aside tax free money in a special account that can be used to pay out-of-pocket medical expenses and annual deductibles. The tax savings of these accounts are significant since most families spend a few or even several thousand dollars a year on health care needs.
Golden Rule High Deductible Plans
Golden Rule has two high deductible health plans, Plan 100 and Plan 80. Plan 100 pays 100% of covered expenses once your annual deductible is met. Plan 80 has a lower monthly premium than Plan 100. Plan 80 provides coverage for surgery; hospital stays and expensive out patient procedures after the annual deductible is met. High deductible plans are intended for those in a good financial position to begin with. You must be certain that you can cover a deductible of thousands of dollars in the case of an emergency.
Golden Rule Dental Plans
Golden Rule offers two dental plans, Dental Premier and Dental Value. With each of the dental plans preventative care is covered. A $50 deductible per person per year applies to basic and major services after which the plan pays 80% of basic and 50% of major services. Deductibles are limited to three individual deductibles of $50 per year and the maximum plan benefit is limited to $1000 per covered person. Dental Premier is better suited to those whose doctor is not in the Golden Rule network. Dental Value provides coverage for those who use a network dentist at lower premiums.
Golden Rule Short Term Plans
Golden Rule Health Insurance also offers short term health insurance. This coverage is designed to provide coverage for those whose employment is seasonal, students who are no longer eligible through a parent’s plan, or those who are waiting for Medicare eligibility. Coverage can be dropped as needed without penalty and changes can be made to the term of coverage. There are choices available in terms of length of coverage, deductibles and payment options. This is sometimes also referred to as gap insurance.
United Health Continuity
Golden Rule also has something called United Health Continuity. This plan allows you to have access to personal health insurance even if you lose eligibility to a group plan through self-employment, early retirement or loss of employer sponsored medical coverage. Participants in this plan need to pass an initial health evaluation to qualify after which coverage is guaranteed provided the terms and conditions of the policy are met. If health care coverage is needed when you take out the policy, your plan will begin in active mode. If you then become eligible for employer-sponsored health care, paying a small premium will turn your plan off with the option for it to return to active mode. Premiums are applied each time the plan is turned on or off. This plan can also be opened in an inactive form so that coverage is seamless if anything interrupts employer sponsored health care or so that changes in health won’t affect insurability.
Golden Rule Ratings
Golden Rule Health Insurance Company is well rated by independent institutions. Standard and Poors and A.M. Best are two companies that rate the stability and financial strength of other companies. Standard and Poors rates Golden Rule Health Insurance Company as A+ strong. An A rating was awarded by A.M. Best. Since the financial security of any company can change rapidly in today’s turbulent economic climate it is good to check for updated information periodically. Each auditor uses slightly different criteria to measure a company’s strength. Both of the above ratings are considered great in the insurance industry.
Compare Golden Rule Health Insurance Quotes
Maybe Golden Rule Health Insurance Company sounds like they would be a good fit for you; but, as with any major purchase, you should get a few estimates before making a final choice. You can get free quotes from many different health insurance providers by entering your zip code above here and now. Compare and save!
7 Comments to “Golden Rule Health Insurance Company”
-
Scott R Smithson says:
“I am extremely pleased with my Golden Rule HSA 100 plan. I travel quite a bit for my employer around the country and I have had an ongoing ACL issue. I am able to find providers in Florida, Indiana, Iowa, Kansas, and Georgia. I had a BCBS plan and was limited to only a few counties that I lived by. I thought that was just how insurance worked.
Also, the BCBS plan had a limit on my therapy visits of 20. UHC/Golden Rule is unlimited. Being in network has been huge with my bills. I met my deductible and all my visits have been free. Excellent company!”
-
John Wendland says:
“If you’re looking to avoid being taxed or pay penalties for not having health coverage, then Golden Rule might be your cheapest option to avoid all that hassle.
Their racket offers customers the option to pay a small fee for “”insurance coverage,”” rather than having to pay a larger penalty to Washington. Along with the smaller fee, they include an unknown amount of services. Let’s say for example you’re looking for some catastrophic insurance coverage, you’ll be pleased to know they offer a cheap monthly premium.
On the chance that you are struck with a series ailment, such as cancer, they’ll offer to pay for your expenses after you struggle, fight, haggle, argue, reason, cry and/or scream at them over the phone. Included with every medical expense Golden Rule covers, is their complementary lesson of anger management, at no extra cost.
In addition, they’ll provide you with the most asinine customer service the world has ever seen. Do you have questions? Try their customer service line. After exploring their labyrinth of automatic operators for 5 minutes they’ll finally place you in a waiting line to talk to one of their mythical customer service representatives. That is of course if the representative is able to attend to your within 5 minutes, otherwise they’ll just drop your call altogether. But what luck, for now you are granted another opportunity to take part in their fantastic customer service adventure!
If you are trying to get a prescription, and your pharmacy needs a copy of your insurance card, take your time, put your feet up, sit back and relax as you wait to receive your insurance card in the mail. Hey folks it has been 2014 for seven days now and I still don’t have my updated insurance card!
Always trust Golden Rule, because they know what is best for me. Who needs that Rx anyway? Golden Rule understands that I’d rather experience the pleasures of withdrawal such as nausea, dizziness, and headaches. All of these blessed symptoms of withdrawal build good character.
Thanks Golden Rule, you’re the Best!”
-
Will Boehland says:
“This company is run by criminals and they should be behind bars.
I had an upper abdominal injury while on the job, it was covered by my work without an issue. I decided it should be a priority to get insurance for myself when this injury occurred, got it through Golden Rule.
About a month later, I was suffering from severe lower abdominal cramping, went to a gastroenterologist with my insurance already active. I was diagnosed with Crohn’s, was paying for a 2000 dollar monthly prescription out of pocket, with the promise from Golden Rule that it would be reimbursed (totally sleazy and time-consuming process to send them receipts etc.)
after several calls thousands of dollars and a couple months of them promising that things were being processed, I was denied any coverage because they said my completely unrelated work injury made it a pre-existing condition and that they were not going to cover a cent!
FOR THE LOVE OF GOD, DO NOT EVEN THINK ABOUT PURCHASING THIS SCAM OF AN EXCUSE OF INSURANCE!”
-
Holli says:
“Andre from United Healthcare One set me up with Golden Rule insurance and when I cancelled it the day it went into effect, he promised me my money back, then lied to me!!! The company is only refunding $60 from the $170 they charged us!!!
They lie and cheat. Don’t EVER for any reason do business with them! They are cheaters!!!!
“ -
Laquinda Minor says:
“I purchased golden rule dental insurance almost a year ago and come to find out when I needed major surgery that it wasn’t covered in the policy and they had no policies that covered major dental work.
So I’ve been paying for something that I was suppose to have but didn’t. The company Totally sucks. They lie just to get your money”
-
Susan Joseph says:
“If you looking for an insurance company that will NOT pay for your medical bills go to Golden Rule. AKA United Healthcare One. We purchased a policy as an stop gap between coverage of employers. We needed 3 months of coverage paying over $1400.00 per month for 3 of us. I saw my doctor during that time and had routine blood work and urine test done. They say because I have been treated for GERD in the last year they will not pay for it.
My reason for seeing my doctor was a wellness visit…it had nothing to do with a previous diagnosis. The routine bloodwork and urine test had nothing to do with a previous diagnosis. I have been fighting this for MONTHS. Golden Rule is not in the HEALTH business. They are in the LETS TAKE PAYMENTS FOR INSURANCE AND NOT PAY business.”
Golden Rule is the most unprofessional company I have ever dealt with. They are not honest or ethical. Their customer service is terrible. Please Think twice before doing business with Golden Rule. I write this review from my honest experience with Golden Rule.