What type of Ohio health insurance should you buy? Catastrophic or comprehensive coverage?  Catastrophic plans will cost substantially less, but will not have non-preventive office visit or prescription benefits. Comprehensive plans will be expensive but feature low copays on office visits and prescriptions.

So…What’s the answer? I guess, based on my 30 years of experience in the business and ownership of the top Ohio health insurance website, you would expect an easy explanation. Well…it’s not so simple. To accurately answer that question, we have to somehow accurately predict your medical history for the next decade.

Perhaps comparing specific rates and coverage would help. So we’ll create a hypothetical family to use in our calculations. Both husband and wife are 40 years old and they have two children (ages 10 and 12). There are no pre-existing conditions and they live in the Columbus area.  Typically, they use their preventive benefits, but rarely have more than a few other types of office visits.

True Ohio catastrophic coverage (United Healthcare’s Saver 80 Plan) costs only $194 per month ($5,000 deductible) or $232 ($2,500 deductible). Although office visits and prescriptions are not covered, preventive benefits are provided at 100% coverage. If insuring major claims is your priority, this policy is ideal.

Comprehensive coverage in Ohio costs between $450 and $525 per month (United Healthcare Copay Select, Medical Mutual SuperMed One Elite, and Anthem Premier plans with $2,500 deductible). Most non-preventive office visits and prescriptions are covered with a copay and preventive benefits are treated similar to the catastrophic plans.

So…with savings of $2,500 to $4,000 per family, is it best to just purchase catastrophic coverage? Of course…there is no “right” answer to that question. It’s impossible to accurately predict medical expenses in advance. And a major illness with ongoing non-generic prescriptions could eat away at the savings very quickly.

Each individual and family is different and that’s why we take the time to review your specific details and make recommendations based on what’s best for you. Please feel free to call us anytime at (888) 513 6446 or contact us by clicking on the “Contact Us” tab at the top of the page.

Buy Ohio catastrophic health Insurance or Ohio comprehensive health insurance?  View personal and family quotes from the top 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 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!