Over the past 60 years, Golden Rule has been processing insurance claims and annuity forms with honesty and integrity. A transparent process from customer contact to resolution keeps everyone involved and informed of every option available. Golden Rule is proud of the fact that it processed over 94% of claims in 2006 within 10 business days of receipt. This efficient claims process helps harried families and individuals move on with their lives while their insurance issues are managed professionally and efficiently.
Based in Indianapolis, Indiana, Golden Rule Insurance Company is a major player in the health insurance market by providing affordable health insurance to individuals and families. They have a long history of providing high-quality health insurance products that both easy to use and cutting edge. Golden Rule offers cost-effective healthcare tools to every customerand uses proven business methods to find a balance between costs and results, which has yielded innovations like the Health Saving Account (HSA)
Golden Rule is financially strong with an A.M. Best rating of “A” (Excellent) and an “A+” from Standard &Poors. Thus, policyholders know they have peace-of-mind that Golden Rule Health Insurance has the stability and strength to back them up when needed most. These grades are indicators of Golden Rule’s service, rising profile within the insurance industry and the creative solutions used to assist customers worldwide.The company is also part of the United Health Care group, which underwrites products and services known as UnitedHealthOne.
Deductible High, Little Coverage
Golden Rule just recently raised our rates 97%. They cover very little of anything that would be useful for day to day medical problems and require a high deductible for rates to be anywhere near affordable. Their insurance really is only good for anything catstrophic, which is were many health insurers now keep their coverages. They are a profitable company which is built on high rates piled on the backs of healthy consumers buying their product. Do not recommend them.
You will never be able to meet your deductible unless 2 of the members of your family pay the deductible at the same time (same year). For example: if you are severely injured and pay well over your deductible you will still not be covered, because another member of your family has to meet his/her deductible, too!!?? Basically unless you and another member of your family are injured at the same time and fully pay the entire amount of the deductible together, no one is covered... Golden Rule policy is very tricky and It's not clearly stated anywhere. I was lucky to find out that by asking them a lot of questions at the time of my application was submitted.
Expensive, but Good
Never denied or even questioned a claim (I had several $1000+ claims, largest was $5,000 ER visit) Covers up to $2,000 in chiropractic care (most others limit you to visits or $500/yr) EXCELLENT negotiated rates (very cheap) with doctors (which lowers patient cost before deductible is met) Large network of doctors & specialists in my area