Blue Cross Blue Shield is a well-known national insurance provider with several smaller companies as part of its subsidiaries. Cambria is one of the subsidiaries of Blue Cross Blue Shield, and Cambria operates Regence.
The history of Regence as a company goes back to 1917, and the insurer provides healthcare needs as a non-profit. They offer an array of medical insurance products at subsidized rates to help keep the cost of healthcare affordable.
Regence works as a great underwriter for people with low income who would otherwise not afford regular health insurance plans. Their healthcare plans work pretty much the same way as regular ones and their beneficiaries have to sign up for their cover of choice. These plans come with monthly premiums that are much lower compared to what other insurers charge for the same policies.
How To Sign Up For A Regence Medical Policy
Blue Cross Blue Shield and Cambria offer plans from Regence in just a few states. That is the first aspect to have in mind when looking into suitable healthcare plans offered by this insurer. You want to make sure that their medical insurance products are available within your state. Regence has a presence in Oregon, Washington, Utah, and Idaho.
Amongst the list of medical insurance plans that Regence offers are Medicare Advantage and Supplement policies.
To access Medicare Advantage and Medicare Supplement plans from this insurer, you must be eligible or already receiving Original Medicare coverage. That means that you should have just turned 65 or enrolled in Original Medicare by meeting special criteria allowing you to access the coverage earlier. These are regulations set by the Center for Medicare & Medicaid services, which Blue Cross Blue Shield and its subsidiaries must honor.
Best Medicare Advantage Plans
Regence is certainly God-sent for people who need access to affordable health insurance plans. However, not everyone will find that their plans suit them or like explained, the insurer does not offer their medical policies everywhere. Some of the best medical products Regence sells are the high-coverage Medicare Advantage plans. These plans help seniors meet expenses related to:
- Medicare Part A (inpatient/ hospital stays)
- Medicare Part B (outpatient costs)
- Medicare Part D (drugs/ prescription pills)
- Emergency and urgent care.
- Dental care
- Optometrist care
- General wellness checks
- Medical tests
There are different categories of these Medicare Part C plans available based on network coverage. They include Health Maintenance Organization (HMO) and Preferred Private Organization (PPO) plans. The HMO plans restrict beneficiaries to access medical care from a list of hospitals, clinics, and medical professionals within Regence’s area of coverage. The PPO plans give room for beneficiaries to access medical care out-of-network using a copay model, and there are also Private Fee-for-Service (PFFS) plans where you can go out-of-network for healthcare but you are not guaranteed that Regence will pay all medical costs in this case.
Regence offers these products at industry-low rates, and it is tough to find another insurer offering lower prices for the same plans. Regence is a non-profit and they are not driven by profit-gain like most other insurers. They are therefore able to keep their costs low while still allowing their clients to access quality care, which is something other insurance providers cannot do.
Regence also has the backing of its parent company, Blue Cross Blue Shield, which has a stellar track record. They have one of the best customer service teams and their insurance agents are always accessible to provide helpful advice.
Their Medicare Advantage plans offer the same basic coverage as outlined by the Center for Medicare & Medicaid Services. That means that their Advantage plans are exactly what you would access from other insurers like AARP, Humana, and Aetna only that you pay significantly less for them.
Who Should Sign Up For A Regence Healthcare Policy?
Regence works as a good choice for people who want the peace of mind of having a quality healthcare insurance plan affordably. Low-income earners generally qualify for these plans but they have to sign up for their desired plan and go through the approval process.
We can offer more insight into your eligibility for these plans and also help you figure out if the insurer offers their healthcare products in your specific area. We have a free search tool on our site that can help you access quotes and compare prices for different medical insurance policies Regence offers.
The goal is to find a comprehensive healthcare plan that will not cost you an arm and a leg. That is why the comparison and quote-sourcing tool on our site proves highly beneficial. It helps you see how each plan compares to others and what different insurers charge for the same policy. The goal is to make sure that you are also getting a great deal while at it, and our search tool guarantees to offer help with the process.
Every senior stands to benefit from a Medicare Advantage plan because of the additional coverage it offers compared to Original Medicare. If you are interested in signing up for one of these plans from Regence of another insurer, we can help you with the process. Our site can help you start the process by seeing if Regence offers these plans in your area and also access more information about the individual Advantage plans the insurer provides.
Typically, it is best to sign up for a Medicare Advantage plan during the Open Enrollment Period (OEP) that starts from October 15th and ends around December 7th every year. You can also take advantage of the Special Enrollment Period (SEP) when moving from one state to another.
We can also help you source Medicare Advantage quotes from Regence and compare their rates with other insurance providers. We are dedicated to helping you settle for the best healthcare plan suited for your specific medical needs and within your available budget.
Reach out to us on the phone and we can have an in-depth conversation about your medical insurance needs. We will also help you choose the best health insurance plan and also the best provider to underwrite the policy.