The Ohio Anthem Lumenos Health Savings Account (HSA) may be the most unappreciated health plan in the state. When compared with other comprehensive plans or HSAs, it offers flexibility, competitive rates and lower out-of-pocket costs that make it an Ohio health insurance plan that should always be considered. The Lumenos is the “high deductible health plan” (HDHP) portion of the policy while the HSA contract allows you to pay for current health expenses and save for future qualified medical expenses on a tax-free basis.

Unlike most Ohio medical plans, the Lumenos HSA features just one family deductible, regardless of how many family members are on the policy. Once the deductible is met, 100% of all covered medical expenses are paid without any co-insurance. The lifetime maximum is also a generous $7 million per person.

Ohio Anthem Health Savings Accounts also feature adult and child preventive care coverage that is not subject to the deductible (Lumenos HSA Plan 3). Routine office visits (subject to the deductible) receive “Network Repricing” which reduces out-of-pocket expenses by approximately 10%-25%. Lab test and X-ray costs are often discounted by as much as 50%-80%.

Additional included coverages, that are sometimes not found in other plans, include home health care, skilled nursing and physical, occupational and speech therapy. A 24/7 NurseLine and members-only discounts on healthy lifestyle services are also provided for all Ohio Anthem policyholders.

For additional information on Ohio Anthem plans, please visit Ohio’s premier website for Ohio health plans here, or instantly view and compare different plans by clicking on the “Get Instant Quote” button at the top of the page. Your personal information is never shared with any other person or company.

Your Ohio health insurance quote is provided by Ohio’s leading resource for Ohio health insurance quotes…Us! We only consider high-quality health insurers and actually filter out some companies that are not rated “A” by A.M. Best Company or have had consumer complaint issues. Our quoted rates are the lowest allowable by the state.

Dozens of out-of-state websites offer Ohio health insurance quotes. But many of these sites recommend outdated and unpopular plans that often are not the best option. And these websites may not be able to accurately explain the differences between Ohio plans that appear similar, but are actually quite different.

When we prepare your Ohio health insurance quote, all of the different types of plans will be presented to you. Comprehensive plans. Catastrophic plans. And Health Savings Accounts (HSAs). Also…your quote is always personalized to insure you’re getting the coverages you need. For example, if there are small children in the household, immunizations and well-checkups will be emphasized. If you prefer a major medical policy that features low rates, we’ll pick plans that remove the coverages you don’t need and shouldn’t pay for.

Our state-of-the-art quoting process allows you to instantly view and compare your Ohio quotes. We also make the application process easy, and of course, never charge any type of fee. To view your quotes, simply click on the “Get Instant Quote” button at the top of the page. Your personal information is never shared with any other person or company.

Mega Life and Health Insurance Company has many Ohio policyholders. Many of their customers have purchased Ohio health insurance coverage through membership in the National Association for the Self- Employed (NASE).

Is Mega Life deceptive and do they use unfair practices to promote their policies? Well…in Massachusetts, apparently they do. As a result of the state’s legal action, Mega Life has agreed to pay more than $17 million in penalties, other costs and consumer relief. And more importantly, while Mega Life can still conduct business here in Ohio, they are no longer permitted to sell health plans in Massachusetts for five years. And eventually, they must pull completely out of the market.

In addition to Mega Life’s problems in Massachusetts, in May, A.M. Best Company downgraded the credit rating of HealthMarkets Inc., the parent company of Mega Life. The rating downgrade primarily reflected a continued decline in revenue premium and increased financial leverage. Lower agent sales, the US economic condition and competitor pressure hurt premium revenue in 2008.

Mega Life often targets small business owners and the self employed in Ohio. Many of their products are packaged with association memberships in the National Association for the Self-Employed. Some of Mega Life’s problems in Massachusetts were because they apparently did not cover certain medical procedures that were specifically required to be included in their health insurance policies.

As Ohio’s leading resource for Ohio health insurance plans, my obligation is to insure that my clients are made aware of the most recent and informative information regarding Ohio health insurance companies.

High deductible Ohio health insurance plans are growing in popularity. And why not? The rate is affordable (often half the cost of a typical policy), preventative coverage is often included, and there is generally NO out of pocket expense after the deductible has been met.

What is a High Deducible” Plan?

A “High Deductible” health insurance plan is a policy with substantially lower premiums that has a higher deductible for major items, such as hospital stays, inpatient or outpatient surgeries and emergency-room expenses. Routine physicals, mammograms and OB/GYN visits are often not subject to the deductible. And prescriptions are usually discounted without having to meet the deductible. An individual or family with very few medical expenses will often benefit by having an Ohio high deductible health insurance plan.

Can an HSA be used with a High Deductible Plan?

Many high deductible plans allow you to set up an Ohio HSA (Health Savings Account) which can be used to accumulate tax-free dollars to pay for qualified medical expenses. Your funds can also be used to pay for qualified dental and vision expenses, although those expenses will not apply towards your health insurance deductible. By contributing money into your HSA, you’ll be well-prepared to pay for the occasional hospital stay or other major unexpected medical bill.

What Ohio Companies offer High Deductible Plans?

All of the major Ohio health insurance companies offer high deductible plans. However, some plans are more competitively priced than others, and some plans also offer a more comprehensive package of coverages than other plans. Some of the more popular high deductible plans are:

Aetna PPO High Deductible plan

Anthem Lumenos HSA plan

Humana Monogram plan

Medical Mutual Super MedOne Wellness

United HealthCare HSA 100 plan

A high deductible health insurance plan may be an option you should consider. Please feel free to contact us if you would like additional information regarding this type of plan, or any other type of Ohio health insurance plan. To instantly view, compare or apply for coverage from the top companies, please click on the “Get Instant Quote” button at the top of the page. Your personal information is never shared with any other person or company.

Low cost Ohio life insurance plans are now available. Our sister site, Ohioterminsurance.com offers the lowest term life insurance plans available in the US. We research all of the major “A” rated Ohio life insurance companies and allow you to instantly view and compare the different plans.

Our online state-of-the-art quote engine makes it easy to compare the most affordable form of Ohio life insurance available today. Term life insurance can be purchased for a specific length of time (usually 5-30 years). Most policies guarantee the rate will not increase during the lifetime of the policy, which makes determining the correct face amount of coverage much easier.

The most popular length of term life coverage is between 15 and 25 years. This allows ample time for substantially paying off a mortgage or raising children. And because term coverage is quite inexpensive, more of your income can be used for retirement purposes, such as 401K programs, Roth IRAs and other tax-deferred investments.

Although there are many types of term life insurance plans, “Guaranteed level” term insurance insures that both the premium and face amount of life insurance do not decrease. Generally, this type of policy includes a renewal option which allows the insured to continue coverage for a maximum guaranteed rate. However, the renewal may not be guaranteed and insurability may be required.

As Ohio’s premier resource for Ohio health insurance plans, we have helped thousands of Ohio residents with their health insurance needs. But we also provide affordable life insurance from the top US companies. Feel free to contact us for a no-obligation quote or click here.