What is Cigna Insurance?
Cigna insurance is a multinational healthcare and insurance company based in Bloomfield Connecticut. The Cigna group provides insurance for providers in the medical, dental, life, disability, and accident fields. The company was ranked #15 in the 2023 Fortune 500 list of largest US corporations.
Insurance is a way for members to have less out-of-pocket costs for any medical services that they incur. Providers who are contracted with Cigna insurances agreed to provide services at a cost within the agreed-upon fee schedule. When members visit these providers, they are able to receive treatment at a lower cost and then use their insurance to help pay for those services.
How do I get Cigna insurance?
Most members enroll for Cigna insurance through their employer. Employers often arrange a group rate with Cigna and then pass those savings onto their employees. Enrolling with insurance through your employer is typically a lower cost than enrolling individually. Cigna has many different plans to accommodate a large population but your employer may have selected just a few that will serve their employees best and you would need to choose from their list of selected plans.
If you do not enroll in insurance through your employer, you can purchase a plan directly from Cigna or through the Marketplace. It is important to take the time to review the plans available to make sure you select the one that will best meet your needs.
How does Cigna insurance work?
Every plan will have a premium that you will pay each month to have the insurance. Dental plans often have a maximum amount of benefits that will be paid out each year but the same is not true for health insurance plans. This simply means that once you have visited your dentist enough times and your insurance has paid that maximum amount, you have to wait until the next benefit year to use your insurance.
Most insurance plans have in-network providers, the contracted doctors, and the cost to see them is much lower than visiting and non-contracted, or out-of-network, providers.
Cigna insurance can help greatly reduce your out-of-pocket cost for any medical services. Choosing the right plan for you and your family will ensure that you get the most bang for your buck. Healthcare can become very expensive very quickly and without insurance, the burden of the cost lays solely on the patient. Insurance is there to help ease that burden and make sure that you were able to receive the best healthcare possible.
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