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Costco Health Insurance

Last modified: Jul 25, 2023

We all know that Costco is a multinational corporation operating a chain of membership-only big-box retail stores. However, have you ever heard of Costco Health Insurance? 

If you haven’t, don’t worry, this article will give you all the information you need to know about Costco Health Insurance, where you can view and compare the prices of different insurance lines. 

What Is Costco Health Insurance? 

Costco Health Insurance is a cheaper option in the marketplace for people to access health insurance and compare the prices of different insurance lines. This is beneficial mainly for individuals who are unemployed or self-employed. However, it's only available to Costco members.

Once you are a member, you can access health insurance packages from well-known providers like Blue Cross Blue Shield or Oscar. Additionally, you can get discounts and benefits on their premium insurance plans. 

How Much Does It Cost?

Depending on which state you live in, the average monthly cost of Costco Health Insurance ranges from $335 to $712. To find out the exact cost in your area, it's best to call your local Costco and find out more. 

How Does It Work?

If you want to sign up for Costco Health Insurance, you can go to their website and look for the Costco Health Insurance marketplace. From there, you will have to either submit information about yourself, your company, or your workers. After that, you will get insurance plans that best suit you and the information provided. 

Pros and Cons

Some of the benefits of Costco Health Insurance include:  

  • A cheaper option for those unemployed or self-employed
  • Flexible and accessible for everyone’s medical needs
  • The Costco marketplace allows for easy side-by-side comparisons and quotes.
  • Access to a personal health advocate available who will help you choose the best doctors, hospitals, and treatments for you.  

However, it does have a few disadvantages, including: 

  • Too simple people with complex medical needs
  •  The advice provided is not too in-depth and lacks guidance 
  • It’s only available for Costco members  

What to Consider Before Choosing a Health Insurance Plan?

When choosing a health insurance plan, you need to consider a couple of things. Firstly, you need to verify that the plan meets all your prescription needs. Secondly, you have to make sure the providers are in-network. Lastly, make sure that your choice fits your needs. 

What Is a Small Business Health Insurance

Small business health insurance is available to companies with under 50 full-time employees; however, this number may reach 100 in some states. 

Small businesses that offer small business health insurance pay a set rate, though they may pass on a portion of the expense to their employees. Employees are liable for any copays or deductibles related to the services they request. 

Costco can be an option if you’re looking for small business insurance, but make sure you choose the best for you and your company.

Costco’s Membership Fee 

The cost of Costco’s membership fee can be one of the main drawbacks for some people. Here we will breakdown the difference between the types of memberships:

Executive Membership

  • $120 annual membership fee
  • Includes a free household card
  • Annual 2% rewards on qualified Costco purchases
  • Extra benefits on selected travel products 
  • Valid at all Costco’s worldwide

Business Membership

  • $60 annual membership fee
  • Includes a free household card
  • Purchase for resale
  • Add affiliate cardholders for $60 each 
  • Valid at all Costco’s worldwide

Goldstar Membership

  • $60 annual membership fee
  • Includes free household card
  • Valid at all Costco’s worldwide

Tip: Look for Groupon and LivingSocial specials to save money on a membership.           

In Conclusion

Overall, most people are satisfied with the Costco service and leave many positive reviews. Costco’s care network is very effective and allows customers to talk about their plans and share information with the company online, and they can trust their privacy will be safe.

In addition to Costco’s Health Insurance, Costco offers numerous benefits that many members are unaware of, such as travel vouchers, grocery discounts, and even free health screenings. However, you should always research what kind of insurance policy suits your needs. 


Does Costco offer health insurance?

Yes. Costco offers health insurance to all its members. Costco Health Insurance is a significantly less expensive option for those unemployed or self-employed.

Do I have to be a member to obtain Costco health insurance?

Although you must be a Costco member to buy a health insurance plan from them, you do not need to be a member to get a quotation from the marketplace online.

What are the benefits of Costco Health Insurance?

With Health & Dental Insurance for Costco members, you may help cover the costs of medical expenses that aren't covered by your government health insurance plan. You'll pay low, member-only prices and begin saving on goods covered by the plan right away. In addition, Executive members can save up to 5% on the premium insurance plans!

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