Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Health Insurance Changes in Ohio in 2014

By Tracy McManamon Subscribe to RSS | February 21st 2012 | Views:
loading
 
  



Since 2011 health insurance has been drastically changing. One thing that will be changing in 2014 are the options for buying Ohio health insurance. The new option will be, “buying through an exchange”. Buying through an exchange is going to be an option for those buying coverage on their own or for small companies purchasing insurance for their employees.

A change you will see when looking at exchange plans is that the aim will be for consumers to start looking at the price of the plans, and not as much at the benefits. It will still be important though for consumers to know what benefits their plan includes. An interesting thing about the exchange program is that the premium for the plans will no longer be based on the health conditions of the person purchasing the plan, but instead on their age, location and number of people on the plan. Because the Ohio health insurance premium will no longer be based on health condition, people will have a broader selection of plans they can choose from, with different premiums and different benefits. The plans offered will have to include at least the “essential health benefits”.

“One issue raised with the exchange plan is there being a potential problem with ‘risk selection’. The concern being that the sicker-than-average person could end up in the exchange. The solution to this would be to require that any Ohio health insurance sold outside the exchange would have to comply with similar rules being used inside the exchange. This would include guaranteed availability of coverage and limits on the extent to which premiums can vary by health status.”

There are a few differences that should be looked at, between the health insurance Ohio plans today and those that will be available through the exchange. First, the people the state has deemed eligible will sell both plans, but the exchange plans will only be available for certain people. Second, with the new exchange plans some people will be able to receive subsidies for earning 133%-400% of the federal poverty level. You cannot receive that with plans today. These are all changes to look out for as we near the year 2014. It will be very helpful as well to have a great understanding of how the changes effect you, your family, or your business.

It is not too early to lock in a Ohio health insurance plan through an experienced independent agency. By doing this, you may be able to avoid a government run health plan, which may be the best solution for you. This will probably be a lot less expensive with greater access choices and ad control for you, your family or small business.

Tracy McManamon - About Author:
As a licensed Ohio health insurance consultant with over 25 years of experience, Tracy McManamon has been offering clients the lowest possible rates for a wide range of health insurance Ohio plans.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/insurance-articles/health-insurance-changes-in-ohio-in-2014.htm

Related Insurance Articles Subscribe to RSS

Things to consider when purchasing a wedding insurance plan
Published by Herry Smith on January 24th 2012 | Insurance
The wedding insurance plan covers things like attire, presents, rings and deposits on your different...
 
Online term insurance - Guide to choose the best one
Published by Chris Luke on April 16th 2012 | Insurance
In the Indian insurance segment, there are many kinds of term insurance policies that suit different...
 
Importance of getting life and medical insurance while residing in Dubai
Published by Andy Robert on January 22nd 2012 | Insurance
There are many insurance policy companies operating in UAE. The life style of residents of Dubai dem...
 
Seeking car insurance for the first time- We can help you
Published by Carinsurence on December 8th 2011 | Insurance
If you have a newly purchased car and are seeking for the right type of auto insurance then this art...
 
Understanding professional indemnity insurance
Published by Sally McGill on June 18th 2012 | Finance
Personal indemnity offers an effective tool to counter certain claims that an individual or business...
 
Things to remember about cheap car insurance
Published by Robmichae on March 2nd 2012 | Insurance
Car insurance might not be important for you but it is very important thing for your car. As you go ...
 
Using cheapest car insurance quotes to find the cheap car insurance
Published by Robmichae on March 16th 2012 | Insurance
Finding the cheap car insurance includes obtaining cheap insurance quotes to assist an individual to...
 
Product liability insurance is a risk management investment
Published by Andrew Edwards on March 14th 2012 | Insurance
Market has reached a position where from it is important for every company to look for risk manageme...
 
Classics car insurance at reasonable rates
Published by Johnjakson on April 6th 2012 | Insurance
Most of the insurance companies see classics car as higher risk – as not all automobiles were prod...
 
Affordable medical insurance procedure
Published by Lessardcasey on March 28th 2012 | Insurance
Medical treatments and preventative care are not cheap. For the 40 million citizens of the United St...
 
Getting a cheap van insurance
Published by Robmarshall on March 1st 2012 | Insurance
Previously vans were only used for commercial purpose i.e. for hauling people and goods from one pla...
 
How to get the cheapest car insurance
Published by Harrisonford on February 28th 2012 | Insurance
You think that cheap car insurance does not exist? Well you are wrong about it. You can actually get...
 
How to obtain public liability insurance quotes
Published by Lauraallen on April 14th 2012 | Insurance
Public liability insurance is very important for any type of business. It covers the claims from you...
 
Tricks to get cheapest car insurance
Published by Harrisonford on March 1st 2012 | Insurance
It would be really stupid of you if you know that car insurance is the most things in your law and e...
 
Think about commercial insurance before startup
Published by Andrew Edwards on May 12th 2012 | Insurance
You really think commercial insurance has some significance while running business...
 
Pick of the right insurance agent a key to success.
Published by Abhijeet on January 21st 2012 | Insurance
An allowance abettor is the being that guides us in selecting the appropriate Allowance plan. If we ...
 
What is Home insurance and Its Benefits?
Published by Mbrewster on March 25th 2012 | Insurance
House is the best place of our comfort and generally our precious investment we ever had. Even most ...
 
Tips to get cheap car insurance
Published by Harrisonford on March 1st 2012 | Insurance
If you are car owner and you know the law then you definitely know importance of car insurance. Car ...
 
Individual dental insurance plans
Published by Lessardcasey on February 11th 2012 | Insurance
Everyone at some point has been to the dentist throughout his or her life. Most of america can relat...
 
Unconventional aspects of commercial liability insurance
Published by Andrew Edwards on February 8th 2012 | Insurance
Decide your insurance cover according to need, unexpected disasters will harm your company...