Tuesday, May 7, 2013

Affordable Medical Mutual Of Ohio Health Insurance Plans

Low cost Medical Mutual of Ohio health insurance plans are available from Ohio brokers. Since 1934, Medical Mutual of Ohio has provided affordable health insurance plans to individuals, families and the self employed. Traditionally, rates are quite competitive compared to other major health care providers such as Anthem Blue Cross, Aetna, UnitedHealthOne and Humana.

Medical Mutual's Wellness Health Savings Account (HSA) plans are one of the most popular and affordable plans in their portfolio. Preventive benefits are covered at 100% without having to meet a deductible. Some of the provided preventive coverages include well child care and routine physical exams, routine mammograms and pap tests, routine PSA, cholesterol and colon cancer screening tests, and bone density tests. All other covered medical expenses will be covered at 100% after the deductible is met.

An HSA is a low cost alternative to conventional health care coverage. Individuals or families with a "High Deductible Health Plan," (HDHP) can take advantage of the tax savings offered by HSAs. With this type of coverage, contributions can be deducted from taxable income and any funds accumulate tax-free. Any unused funds remain available for future years. Also, you never pay a tax on qualified withdraws for medical, dental or vision expenses. Many banks and insurance carriers can assist you in setting up the HSA.

Comprehensive Ohio health insurance coverage is also offered by Medical Mutual. The "Elite" and "Premium" copay plans feature extensive office visit, prescription and preventive benefits. Deductible options range from $500 to $2,500 per person and there is no limit on the number of covered office visits.
Office visit copays are $30 for the "Elite"plan and $40 for the "Premier" plan. Specialist visits are covered although the copay is $10 higher.

Urgent care visits are covered with a copay on both plans with 100% coverage after the copay. Although basic prescription coverage is provided, a prescription drug rider will offer RX coverage with no deductible (just copays). Home delivery will substantially reduce your out of pocket cost. Medical Mutual of Ohio also offers a maternity rider to qualified applicants. Other optional coverages include dental and vision benefits.

The least expensive Medical Mutual policy is the temporary short-term plan, which is most appropriate when the need for coverage is 12 months or less. Premiums are substantially lower than other types of policies and the approval process generally takes less than two days. Major medical expenses are covered and subject to deductibles ranging from $250 to $5,000. Although pre-existing conditions are not included in benefits, the plan is ideal for those that are between jobs, graduating college or high school, laid off or unemployed.

When purchasing a Medical Mutual policy, it is extremely important to buy coverage from an experienced Ohio broker that resides in the state. Generally, he/she will more familiar with plan benefits and exclusions and perhaps be better prepared to answer your questions and recommend the most appropriate plan. Often, out-of-state websites will sell your information to brokers across the country, resulting in numerous pesky emails and phone calls.

Although recent changes in national health care reform have forced many health care providers to increase rates, Medical Mutual continues to offer affordable medical plans to Ohio residents.

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