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 covered, 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 this type of policy.

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. Most expenses that you have to pay out of pocket will still receive negotiated reductions.

What Ohio Companies offer High Deductible Plans?

All of the major Ohio health insurance companies offer a wide selection of low-priced 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  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 compare or apply for coverage from the very best companies, please click on the “Get Instant Quote” button at the top of the page. Your personal information stays that way!

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. 10-year term plans are also offered at a reduced rate.

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 Trusted website 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.

“Which health insurance plan do you have?” That is the question I’m asked about every few weeks. And I certainly understand why clients want to know. After all, I can choose any plan with any Ohio health insurance company.

Well…here’s our situation. I’m 53, my wife is 50 and we have two children (both teenagers). Fortunately, we are a very healthy family with no existing conditions or ongoing medications. We live in Springboro, which is located between Dayton and Cincinnati.

The perfect fit for us is the Ohio Anthem Lumenos Health Savings Account (HSA). An HSA works best when there are not many (or any) office visits or prescriptions and insuring against the catastrophic loss is the most important objective. Preventative coverages (physicals, OBGYN visits, mammograms and pap tests) are not subject to our $6,000 family deductible. Also, with an Ohio HSA, covered out of pocket expenses that we pay (such as non-preventative office visits) receive a “negotiated discount” since Anthem enjoys exceptional leverage in negotiating fees with Network providers. Lab and X-ray fees receive substantial discounts.

We also contribute tax-deductible funds into our HSA that are used to pay for qualified medical, dental and vision expenses. Because we have enjoyed good health, the fund balance in our HSA continues to grow each year. And generally, premiums on an HSA don’t increases as rapidly as a typical copay plan.

An Anthem HSA is not the best policy for everyone. For us, it is, although Medical Mutual was strongly considered. For you?,  Maybe not. However, if I research different Ohio health insurance plans for you, I will only recommend a plan (or plans) that I would want for my own family.

Affordable Cincinnati health insurance insurance plans cost less than most comparable plans offered in nearby states like Indiana, Kentucky and Pennsylvania. Traditionally, medical rates in Southwestern Ohio have also always been low compared to other parts of the state.

For example, catastrophic coverage for a healthy 40-year old husband and wife in the Cincinnati area would cost approximately $130-$150 per month. United HealthCare and Aetna would offer the most competitive rates. Comprehensive coverage would cost approximately $180-$250 per month. Medical Mutual, along with a few other carriers would offer very attractive options. Rates in Northern Ohio, for similar coverage, would be approximately 10%-15% higher.

Many factors can affect rates, such as medical history, smoking status and height/weight. If prior credible coverage has been in effect for more than 12- 18 months, some health insurance companies will cover pre-existing conditions, if accepted by underwriting. Most of the major companies that offer competitive rates in the Cincinnati area, also offer similar rates in surrounding counties, such as Warren, Butler, Clermont and Montgomery.

Perhaps one the most overlooked factors that is used in determining your rate is your zip code. For example, the 452 zip code features extremely attractive rates from Medical Mutual, especially their Health Savings Accounts. Oddly, in the 451 zip code, UnitedHealthcare’s rates become quite high compared to their normal rates in the surrounding area. Part of our service is to make sure you know which carriers are the best choice for your needs.

We’re located just North of Cincinnati and monitor local rates very closely. With more than three decades of experience (my, time flies!) we are the region’s premier expert authority on identifying policies that meet your quality standards and also are easy on your pocketbook. You can call us for a quote or use the “Quote” section in the top part of the page. Don’t worry. Your information is secure and is not shared like many other websites.

Ohio Individual Health Insurance plans are available and quite affordable! Ohio individual rates have remained quite low compared to rates in most other states. Most plans can be paid on a month-to-month basis, so short-term or long-term coverage is possible. Since recent group rates have been substantially increasing, private medical coverage is becoming more popular each year.

Some of the most popular individual plans in Ohio are “Value” plans. These types of plans provide solid major medical coverage for catastrophic plans. However, Ohio private rates are kept low by reducing the number of covered office visits and limiting coverage for non-generic prescriptions. However, preventative benefits are typically covered at 100% on these types of policies. For example, once the policy is approved, there would be no waiting period to schedule a routine annual physical, child well-check visit or a qualified OBGYN visit.

When shopping for an individual (or family) “Value” plan, it is important to only consider “name” reputable health insurance companies. Never purchase coverage from a company that markets “discount plans. Companies that sell “discount plans” are usually located outside of Ohio and charge an upfront application fee. And trying to get a refund from them is about as pleasant as having a root canal.

Some of the best individual Ohio personal health insurance “Value” Plans are:

Anthem “SmartSense”

Aetna “Preventative and Hospital”

United HealthCare “Copay Select Value”

Celtic “Basic”

Humana “Monogram”

Naturally, before selecting a plan, it’s always advisable to review your particular situation and we will carefully advise you of all of the existing options. We’ll be happy to provide quotes for those plans or you can start the process yourself at the top of the page )Instant Quote button).