Affordable Health Insurance Ohio
In 2008, Ohio ranked 32nd in the healthiest state ranking done by the United Health Foundation. More than 11% of Ohioans do not have health insurance, and only 62% of Ohioans are obatined health insurance from their employer. Many Ohioan’s have individual heath insurance plan coverage. Ohio does not have a risk pool for people that are uninsurable. A risk pool is a state-sponsored program that help people that cannot pay for medical treatment and care.
There are several different factors that can affect the price of your health insurance. Health insurance prices are swayed by factors such as age, health conditions, smoking status, and height and weight proportions. Shopping several different insurance companies, and being flexible on the deductible coverages will ensure you get the best rate available for your health insurance plan. You might also want to review your health insurance company and plan every year or so. After having health care for an extended period of time, reevaluating your personal health situation and getting quotes from other insurance companies will ensure you are paying a competitive rate for your health insurance plan.
Insurance companies offer several different types of health care plans in Ohio. These plans include catastrophic, comprehensive and Health Spending Account plans. Catastrophic health insurance plans typically only cover major medical expenses, such as surgeries or hospitalization, and all doctor visits and prescriptions are paid directly out of your pocket. The out of pocket costs are higher with this type of plan, but heatlh insurance rates are the lowest. Comprehensive health insurance plans are the most expensive health insurance plans, but do add doctor visits and prescription coverage to the catastrophic health insurance plan. Raising your deductible may make the comprehensive health insurance plan a little more affordable, but not by much. Health Spending Account plans (HSA) are the best health insurance option, combining the catastrophic and comprehensive health care plans. Rates for the Health Spending Accounts (HSA) are reasonable, and the additional tax benefits make the HSA a great option. You can also put money into the HSA to pay for qualifying medical expenses.