Reduce your Ohio health insurance rates. It may be easier than you realize. There are many low cost medical plans in Ohio and the amount of coverage on these policies will surprise you. Reducing your premium is possible and we’ll provide specific recommendations to help you cut your costs. And these tips will save you money every year!
Ohioquotes.com is recognized as the state’s premier trusted authority for providing affordable health care at the lowest available rates. With more than 30 years of experience, we constantly monitor rates, and update this website daily to provide you with the latest information. Your personal information is never shared with any other person or company.
10 Ways To Reduce Your Health Insurance Costs
1. Compare rates from multiple companies. The longer you have your policy, the more the rate will increase. Every 2-5 years, you should view rates from our website to insure your premium is still competitive. It’s always possible that a company that had high rates five years ago is now offering much lower rates. And conversely, a company that haduncompetitive rates many years ago mayoffer great rates now.
2. Consider a Health Savings Account (HSA). Here in Ohio, HSA rates are very low compared to most other states. You’ll be able to reduce your rates, pay for your health care with tax-favored dollars and accumulate money in years where you don’t have a lot of medical claims. And you'llnever lose your accumulated money if you don't use it.
3. Don’t pay for coverage that you’re not using. For example, if you are paying for a maternity rider that you won’t be using…get rid of it! If you’re paying for dental and vision benefits and rarely use them, carefully consider the costs and benefits of dropping the coverage.
4. Raise your major medical deductible. Your Ohio health insurance rate will reduce by hundreds of dollars per year (perhaps thousands of dollars if you have a large family). A change from $1,000 to $2,500 or $5,000 could make a huge difference in your rates.
5. Review your bills. A “Network repricing” discount should be applied if you are using providers within your company’s network. Occasionally, this discount is not applied so it’s worth your time to review your paperwork. The discount can range from 10%-70%, depending on the type of service provided.
6. Maintain good health. One of the biggest factors in determining your rate is your height and weight, medications you take, and current and past medical history. Staying healthy will allow you to secure better rates when shopping for health insurance coverage. It may help your life and disability premiums as well.
7. Take advantage of “Freebies.” Many of the large Ohio health insurers offer free advice, education and online links that will help you stay fit. Often, discounts are available on products that you may already be using. Contact us for additional specific details on discounts and Wellness programs.
8. Email or call us and we’ll be happy to review your existing coverage. If there are better options that maintain your existing benefits and lower your premium…we’ll show them to you. If it is advantageous for you to make no changes, we’ll tell you.
9. Consider increasing your coinsurance or reducing the number of covered office visits. Both of these changes will result in lower health care coverage so it’s important to understand the impact and properly compare that to the money you will save.
10 Compare the cost of office visit charges and prescriptions. Doctors charge different rates and prescription prices can vary between different pharmacies. “Pill-splitting,” if available, with your prescription, may save you some money.
At Ohioquotes.com, we’re committed to finding our clients the lowest available rates. But we also feel it is equally important to provide quality coverage that will provide the benefits that the customer expects to receive.
You can easily view current rates from all of the top companies by using the “Get Instant Quote” button at the top of the page. You can also call us at (888) 513 6446.
