New York individual health insurance 2022 options for Buffalo ICHRAs


Looking for the best individual health insurance options in Buffalo to use with an ICHRA? You’re in the right place – and there’s good news! The individual coverage HRA (ICHRA for short) is taking off where you live, thanks to a vibrant local individual health insurance market. That means more ACA-compliant, high quality health insurance choices for employees.  

We’ve put together this guide to help employees orient themselves to the local individual health insurance market in Buffalo to use with their Individual Coverage HRA. Health insurance can be confusing, and many employees offered an ICHRA will be buying their own health insurance for the first time. We’ve got you covered!

Who this guide is for: 

  • Employees shopping for health insurance to use with their ICHRA
  • Employers wanting to help their employees make educated decisions about their health plans to use with their ICHRA
  • Employers of any size considering implementing an ICHRA

What this guides covers:

 

What is an ICHRA? 

First things first. An Individual Coverage HRA (ICHRA, for short) is a fundamentally new model of benefits that allows employers to set aside tax-free dollars to reimburse employees for health plan premiums that individuals choose themselves. That means employees get to choose the best plan for their family, their unique health needs, and their budget.

 

2022 Buffalo individual health insurance options for ICHRA

Buffalo’s competitive and affordable individual insurance market makes it the perfect place for ICHRA to take off.

This builds on an ongoing trend, signaling the health and affordability of the individual health insurance market. More and more employers in Buffalo are realizing their benefits dollars stretch further on the individual health insurance market instead of group plans, and this brings ample employee benefits too, like personalization and choice. 

 

Disclaimer: These rates are estimates for Buffalo in 2021 in the 14221 zip code. Your premiums may vary and we expect slight changes for 2022. See our window shopping tool to check for exact premium rates in your area.

Market Snapshot

Buffalo’s competitive individual health insurance market and innovative carrier lineup mean more choices for employees. The infographic below demonstrates the wide range of carriers, network types, and average lowest cost premiums by tier. 

Pro-tip: To calculate costs for adding a spouse or family to a plan, use double the rate for married, or triple for families. 

Buffalo boasts four insurance carriers to choose from and more than 100 plans. There’s something for everyone.

Buffalo Individual Health Insurance 2022

Disclaimer: Plan information is based on 14221, the most populated zip code in Buffalo. Rates will vary by zip code and county. 

Remember, all of the plans listed here are ACA-compliant, meaning they cover pre-existing conditions and 10 essential benefits. These benefits include coverage with no annual cap for the following:

  • Ambulatory patient services (outpatient services)
  • Emergency services
  • Hospitalization
  • Maternity and newborn care
  • Mental health and substance use disorder services, including behavioral health treatment
  • Prescription drugs
  • Rehabilitative and habilitative services and devices
  • Laboratory services
  • Preventive and wellness services and chronic disease management
  • Pediatric services, including oral and vision care

Have questions? Get in touch.

Employees: If you are an employee looking to sign up for individual health insurance in Buffalo to use with your ICHRA, our enrollment team is standing at the ready to help. You can set up a call with enrollment team here.

Business owners: If you’re a business owner and have questions about ICHRA, please schedule a time to chat with our HRA Design team to see if ICHRA is a good fit for you.

Brokers: If you’re a broker considering ICHRA as an option for a client, submit an HRA Design request to see if this is a good fit for your client. 

 

The lineup: Buffalo’s best individual health insurance carriers to use with ICHRA

Buffalo has four individual insurance carriers to choose from. 

These include (in alphabetical order):

  1. BlueCross BlueShield of Western New York
  2. Excellus
  3. FidelisCare
  4. Independent Health

Here’s a Buffalo health insurance infographic for a quick visual. 

  BlueCross BlueShield of Western New York Excellus FidelisCare Independent Health
Recommended for ICHRA        
Easy Enroll options        
AutoPay eligible        
Off-exchange options ✔️ ✔️ ✔️ ✔️

*Autopay is a new feature on our platform that enables employers to take advantage of ICHRA and all its benefits without asking their employees to pay premiums out of pocket and wait for reimbursements.

*Easy Enroll is a plan feature that allows employees on the Take Command platform to enroll directly in the portal with no further steps needed. This is the simplest type of plan to choose.  

*Off-exchange options are important for employees that choose a plan that costs more than their allowance, since they’ll have to put in some of their own money to cover the difference. That difference can be tax-free when combined with a Section 125 payroll deduction but only for off-exchange plans (due to some ACA restrictions).

Here’s another handy infographic that includes some of our favorite things about each individual health insurance carrier in Buffalo. 

best Buffalo insurance carriers ICHRA

GET IN TOUCH

 

How much does individual health insurance cost in Buffalo per carrier?

These are the lowest cost plans per metal tier for 2021 for each carrier in Buffalo. We expect these to change only slightly from this past year. We will update this section as new information is released for 2022.

Note: The below rates are 2021 estimates based on Buffalo zip code 14221 only. 

 

BCBS of Western New York logo

What we love:

  • Accepted by 90% of doctors and specialists and access to your network in all 50 states
  • Free individualized health coaching
  • Community wellness programs
  • Telemedicine hosted by Doctor on Demand
  • $250 wellness debit card

Lowest cost by metal tier for BlueCross BlueShield of Western New York in Buffalo

Age Bronze Silver Gold
20 $370 $490 $630
30 $370 $490 $630
40 $370 $490 $630
50 $370 $490 $630
60 $370 $490 $630

Excellus_logo

 

What we love:

  • Active & Fit Exercise Rewards 
  • Earn up to $1,000 in Health Rewards
  • BlueHealthy Collars: Get reimbursed up to $300 per family
  • Smoking Cessation Programs, Nutrition Programs
  • Earn up to $600 in exercise rewards 

Lowest cost by metal tier for Excellus in Buffalo

Age

Bronze Silver Gold
20 $390 $540 $650
30 $390 $540 $650
40 $390 $540 $650
50 $390 $540 $650
60 $390 $540 $650

fidelis-care-logo-DFAA20AA33-seeklogo.com

 

What we love:

  • Qualified health plan members and their spouses are eligible for Fitness Reimbursements, which pay you and a covered spouse up to $600 per year when you enroll in a qualified fitness facility and each visit at least 50 times in a 6 month period.

Lowest cost by metal tier for FidelisCare in Buffalo

Age

Bronze Silver Gold
20 $350 $490 $580
30 $350 $490 $580
40 $350 $490 $580
50 $430 $490 $580
60 $810 $490 $580

independent health logo

 

What we love:

  • $1 credit back for every $2 you spend on fresh produce
  • $250 debit card to use on fitness club memberships, massage therapy, and more
  • Fitworks Rewards: Earn a chance to win as much as $250 every month for being healthy
  • Eligible subscribers may get reimbursed up to $400 a year for visits to a qualifying gym

Lowest cost by metal tier for Independent Health in Buffalo

Age

Bronze Silver Gold
20 $360 $470 $600
30 $360 $470 $600
40 $360 $470 $600
50 $360 $470 $600
60 $360 $470 $600

 

For rates in your area based on your age, family size, and other variables, check out our window shopping tool!

 

What health plans are in network with your hospitals in Buffalo? 

COMING SOON!!

How do I choose the best individual insurance plan for me? 

One of our favorite things about ICHRA is that it allows employees to choose the best plan for them, as opposed to a one size fits all group plan where they only have one or two options. At Take Command, we have tools to help employees sort through the options. 

To get started shopping for a plan, head on over to our individual health insurance shopping page to compare plans side by side and find one that will work for you and your HRA.

How Take Command can help

With an abundance of quality health insurance plans for employees to choose from throughout the state, Buffalo employees are positioned for success in terms of satisfaction with their ICHRA.

  • Employees: If you are an employee looking to sign up for individual health insurance in Buffalo to use with your ICHRA, our enrollment team is standing at the ready to help. You can set up a call with enrollment team here.
  • Business owners: If you’re a business owner and have questions about ICHRA, please schedule a time to chat with our HRA Design team to see if ICHRA is a good fit for you. 
  • Brokers: If you’re a broker considering ICHRA as an option for a client, submit an HRA Design request to see if this is a good fit for your client. 

GET IN TOUCH

Other questions? Email support@takecommandhealth.com or chat with us on the website. We’d be pleased to help!





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