Cinergy Health doesn”t seem to do as much advertising these days. No, they don’t pitch OxiClean or Mighty Putty, but Cinergy does heavily market their medical plans.
Are they worth it? In most cases…No! In fact, unless you thoroughly read the fine print of your policy, you may be in for a jolt! Benefits are typically less than you would expect and there are many gaps. There are specific niches these plans can fill, but not many.
Available Cinergy Plans
Two types of plans are available. “Cinergy Health Signature” is their discount health plan and “Cinergy Health Preferred” is their insurance plan. Both plans offer far less coverage than a conventional policy from a major insurer…such as BC, Aetna, Humana or UnitedHealthcare.
“Cinergy Health Signature” is NOT a health insurance policy. It may help you reduce some of your healthcare costs, but not necessarily a significant amount. Coverage benefits are very vague and the premium for a single person is almost $1000 per year.
And, the plans are actually provided by Patriot Health Florida, who requires you to PAY FOR ALL HEALTHCARE SERVICES in advance. Later, you may receive a discount on some of those expenses.
“Cinergy Health Preferred 500” is considered an insurance plan, but coverages are limited and descriptions of these coverages are fairly vague on their website. For example, this plan only covers ONE emergency room visit per year. Only ONE preventative visit per year is allowed. Daily hospital confinement charges are also limited to $500 per day and 30 days per year.
After this article was originally written, three offered plans were the “Plan 1000,” Plan 500,” and “Plan Basic.” All three plans did not cover pre-existing conditions for the first 12 months (6 months in Indiana) and referenced Multiplan, a nationwide Network provider.
If you can qualify for an Ohio Health Insurance Plan from a major carrier, then don’t waste your time with this carrier. If you are uninsurable, then you may want to consider a plan…but read the policy in its entirety. Cinergy will only consider refund requests in writing and will not refund the application fee.
UPDATE April 2011- I don’t see as much advertising from Cinergy three years after I wrote the original article. Their “Limited Health Benefit” plan might be worth considering if you are uninsurable. But keep in mind that the plan is NOT a major medical insurance plan and is not to be used to replace a catastrophic policy.
Cinergy Ohio health insurance should not be used to replace major medical or catastrophic health insurance policies. View affordable alternative plans.
UPDATE April 2014- When we visited their website and clicked on the health insurance link, we received a “404” error, which means the web page was not working. The “critical illness” link was also not working.
When we clicked on the “free quote” link, a message displayed, indicating that no plans were being offered in our area. There also were other sections of the website that appeared to either be not working or perhaps not recently updated. And of course, these plans are not part of the Exchange or listed as an “approved Marketplace compliant” option.