Brian Stevens: Hi, my name is Brian Stevens, I am a former Insurance Agent and Financial Consultant and I am going to show you how to get an affordable Ohio Health Insurance plan with the top insurance company.
There are two basic categories of comprehensive health insurance. Indemnity plans also known as fee-for-service plans, and managed health care plans such as HMOs, PPOs, and POSs.
Indemnity Plans are when you choose your own physicians, specialists, and hospitals. They are the most expensive health care plans. They have higher out-of-pocket costs, higher premiums, and involve more paperwork than other plans. Deductibles range from $500 to $1,500. You pay 20% of your medical expenses and your insurance company pays 80%.
HMOs are Health Maintenance Organizations assign you to a network of physicians and hospitals that you must use for your health care. They are the least expensive plans. They have minimal co-payments usually $5 to $10 per visit, minimal paperwork, and some plans provide coverage for preventive care.
POSs are Point of Service Plans, also assign you to a health care network, but you may see a physician outside the network for an additional fee. These plans cost a little more than HMOs. They have minimal co-payments, usually $5 to $10 per visit, minimal paperwork, and usually provide more preventive care coverage than HMOs.
PPOs or Preferred Provider Organizations assign you to a health care network but unlike HMOs and POSs, you can see non-network physicians. These are the most expensive managed health care plans. Most plans have a deductible, usually $500 to $2,000 and have higher premiums than HMOs or POSs.
Getting the best rate on Ohio health insurance is a matter of comparison shopping. There are now insurance comparison sites that provide you with quotes from multiple companies so you can compare those quotes and choose the cheapest one. The best comparison sites only work with A-rated companies, so you know the company you choose will be reliable and will give you good service.
Visit lowerratequotes.com to get Ohio health insurance quotes from top rated companies and see how much you can save. You can get more insurance tips in their article section and get answers to your questions plus get advice on how to lower your premium from an insurance expert by using their online chat service. To visit this site, just enter lowerratequotes.com in your internet browser.
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