Best Health Insurance Plans in Delaware

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The Diamond State may be the second smallest in the country, but residents still have plenty of options for health care. According to a study by US News, Delaware has the 25th best health care in the nation when it comes to access, quality, and good public health.

Health Care Choices in Delaware

According to the Delaware Department of Insurance, residents have several health care options:

  1. Employer-provided
    1. From your employer
    2. Through your spouse's employer
    3. Through COBRA
  2. Individual or family plans
    1. Through HealthCare.gov
    2. Directly from
    3. Through HealthCare.gov
    4. a health insurance company
  3. Government-assisted
    1. Medicare
    2. Medicaid

Where do most Delaware residents get their health care coverage?

Delaware Health Insurance Sources
Sources Percent
Employer-Provided 47%
Individual or family 4%
Medicaid 22%
Medicare 16%
Other Public Care 2%
Uninsured 9%
Source: Kaiser Family Foundation, Health Insurance Coverage of the Total Population

Nine percent of DE residents are uninsured, the same as the national average. That’s a good sign for policyholders. The more uninsured people there are, the higher rates are for insured people.

Delaware Health Insurance Costs and Rate Factors

DE residents spend an average of $10,254 per year on health care expenditures, more than the national average. What determines your rates in the Diamond State? Prices vary person to person but are based on these factors:

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Body Mass Index

Due to the serious health conditions that come with a high body mass, health insurance companies analyze your BMI to determine your risk-level. A high BMI leads to high health care premiums.

In 2016, DE had a 31.8 percent obesity rate, the 23rd highest rate in the country. Of the Delaware shoppers who used QuoteWizard to compare health insurance plans, 28 percent have a BMI in the obese range.

Tobacco Use

Smokers pay more for health care because of the serious health risks from tobacco use. About 17.7 percent of DE residents are smokers, the 27th lowest rate in the country.

Age

Health insurance plans cost up to three times more for older people than younger people. DE residents who used QuoteWizard to shop for health insurance are, on average, 39 years old.

Plan Type

Marketplace plans come in metal tiers: bronze, silver, gold, and platinum. The more coverage you want, the more you’ll have to pay.

How does health insurance cost in DE? These are the monthly premiums for each plan type for a middle-aged resident in 2018:

Delaware Martketplace Plan Rates
Bronze Silver Gold
$473 $573 $706
Source: Kaiser Family Foundation, Change in Average Marketplace Premiums by Metal Tier

A gold plan costs about 49 percent more than a bronze plan. That’s not a big surprise considering gold plans cover 80 percent of medical costs, whereas bronze plans cover 60 percent of costs.

You may also qualify for a catastrophic plan, the lowest level of marketplace coverage available. Catastrophic plans come with low monthly premiums but a high yearly deductible of $7,150. The plan is designed to prevent medical bankruptcy, but it doesn’t offer much for preventative care. Because of that high deductible, you may save money by investing in a bronze or silver plan if you need health care.

Location

Where you live also plays a huge role in your health insurance costs. That’s because every state has different rules, regulations, and providers surrounding their marketplace. Even within states, insurance options vary between counties.

Also, health insurance rates are community-rated, meaning the price of your plan is partly based on the combined claims everyone files. If your neighbors file a high number of claims, your rates could jump.

That means that how healthy your state is impacts your premium. According to America’s Health Rankings, DE is the 30th healthiest state in the country.

Delaware Health Insurance Companies

DE residents have a few options for health care providers in the state. These insurance companies offer individual and family plans in the Diamond State:

Delaware Health Insurance Laws

The Affordable Care Act limits what insurers can use to determine your rates.

There's a limit to how much you’ll pay out-of-pocket for a marketplace plan. In 2018, the out-of-pocket maximum is $7,350 for an individual plan and $14,700 for a family plan.

DE state law requires health insurance companies to offer at least some coverage for the following services:

  • Emergency care
  • Child immunizations
  • Mental health
  • Cancer monitoring test
  • Hearing aid coverage
  • Dental services for children with severe disabilities
  • Autism
  • Diabetes
  • Clinical trials

There are additional services that providers need to cover. Find the full list on cms.gov.

Medicare and Medicaid in Delaware

Medicare and Medicaid are both government-funded programs available to DE residents. Medicare helps seniors, whereas Medicaid covers low-income families and children.

Medicare

Medicare aids DE seniors 65 and older. There are several coverage options within the program, including parts A, B, C, D, and supplemental coverage programs. You may also qualify for these Medicare Savings Programs:

Qualified Medicare Beneficiaries (QMB):

  • Single person with a monthly income lower than $1,025.
  • Couple with a monthly income lower than $1,373.

Specified Low-Income Medicare Beneficiaries (SLMB):

  • Single person with a monthly income lower than $1,226.
  • Couple with a monthly income lower than $1,644.

Qualifying Individuals (QI-1):

  • Single person with a monthly income lower than $1,377.
  • Couple with a monthly income lower than $1,847.

Medicaid

Medicaid offers affordable coverage to low-income families and children. These are the state’s Medicaid financial requirements:

Delaware Medicaid Financial Requirements
Household Size Maximum Yearly Income
1 $16,040
2 $21,599
3 $27,159
4 $32,718
5 $38,277
6 $43,837
7 $49,396
8 $54,956

Delaware Department of Insurance

Website:
Homepage
Insurance Commissioner:
Trinidad Navarro
Insurance Hotline:
(800) 282– 8611
Office Hours:
Monday - Friday
8:00 am to 5:00 pm
File a Consumer Insurance Complaint
Complaint Page

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