An Affordable Life Insurance For Ohio

We search and provide the best insurance policies for US citizens at a very affordable price. In this site, you’re gonna find the top 5 best policies.

Need to Know

What is Health Insurance?

Health insurance is an insurance product which covers medical and surgical expenses of an insured individual. It reimburses the expenses incurred due to illness or injury or pays the care provider of the insured individual directly.

How much is health insurance per month in Ohio?

The average cost of health insurance in Ohio is $535 per month for a 40-year-old with a Silver plan. These plans are a good guide for average rates because they provide a good amount of coverage at an affordable rate. The amount you pay will be different based on the plan tier you choose and your age.

Does Ohio have free health insurance?

Medicaid offers free healthcare coverage for families, children under age 19, and pregnant women. Coverage includes doctor visits, hospital care, prescriptions, vision, dental, and mental health services, and more.

1. United Health Group

UnitedHealth Group Incorporated is an American multinational health insurance and services company based in Minnetonka, Minnesota. Wikipedia

Stock price: UNH (NYSE) $446.60 +7.40 (+1.68%)
15 Apr, 12:52 pm GMT-4 – Disclaimer

CEO: Andrew Witty (3 Feb 2021–)

CFO: John Rex

CMO: Terry Clark

COO: Dirk McMahon

CTO: Sandeep Dadlani

President: Dirk McMahon

Headquarters: Minnetonka, Minnesota, United States

Fortune magazine ranked United Health Group No. 32 on its 2024 “America’s Most Innovative Companies” list While Fortune magazine ranked United Health Group No. 5 in the 2023 rankings of the 500 largest U.S. corporations based on 2022 revenues.

2. Anthem/ Elevance Group

Elevance Health, Inc. is an American health insurance provider. Prior to June 2022, Elevance Health was named Anthem, Inc. 

Stock price: ELV (NYSE) $504.63 +7.14 (+1.44%)
15 Apr, 12:08 pm GMT-4

Subsidiaries: Amerigroup, Health Keepers Inc., MORE

Headquarters: Indianapolis, Indiana, United States

Founded: 1944

President: Gail Koziara Boudreaux

Former:  Anthem, Inc. (2014–2022)

Key people: Elizabeth E. Tallett (Chairman)

Gail Koziara Boudreaux (President & CEO)

Number of employees: 102, 952 (2024)

3. Kaiser Permanente

Kaiser Permanente is an American integrated managed care consortium, based in Oakland, California, United States, found in 1945 by industrialist Henry J.Kaiser and physician Sidney Garfield. 

Headquarters: Oakland, California, United States

Founders: Sidney Garfield, Henry J. Kaiser

Founded: 1945

Number of Employees: 236,110 employees (including 73,618 nurses and 24,605 physicians as of 2024)

4. Ambetter

Since 2014, Ambetter Health has been offering health insurance plans across the U.S. on the Health Insurance Marketplace. Today, Ambetter Health serves more than 4 million members, offering a variety of plans and healthcare services to meet our member’s health needs.

Ambetter Health plans are offered in various levels of Bronze, Silver and Gold, with additional plan options in some states. Plans may include many benefit options such as preventive care, prescription drug coverage, wellness programs, mental health and substances abuse benefits, maternity and newborn care, pediatric services, optional vision and dental, Virtual 24/7 Care, and more.

Their approach is simple: They believe that high quality care is best delivered on a local level. That’s why they partner with local providers, ensuring Ambetter Health members have access to the care they need. Through strategic care management programs and enhanced collaboration, they’re working to improve the health of the community one person at a time.

Their products are offered by Centene Corporation, a multinational Fortune 25 company with over 30 years of experience in the Managed Care industry. All Ambetter health plans are certified as Qualified Health Plans on the Health Insurance Marketplace or the specific state exchange.

5. Humana

Humana Inc. is a for-profit American health insurance company based in Louisville, Kentucky. In 2023, the company ranked 42 on the Fortune 500 list, which made it the highest ranked company based in Kentucky. It is the fourth largest health insurance provider in the U.S.

Stock Price: HUM (NYSE) $316.20 +3.61  

Headquarters: Louisville, Kentucky, United States

Founders: Wendell Cherry, David A. Jones, Sr.

Founded: 1961, Louisville, Kentucky, United States

President: Bruce D. Broussard

Number of Employees: 67,678 (2024

The Cost of Health Insurance in Ohio

The average cost of health insurance in the state of Ohio is $6,845 per person based on the most recently published data. For a family of four, this translates to $27,381. This is $136 per person below the national average for health insurance coverage.

However, health insurance costs vary significantly based on the cost of care and the population insured. The chart below shows the four major insurance types available in Ohio. The dollar amounts shown on the chart are the average cost in Ohio to insure people for each type of insurance.

Calculations

Average cost calculations for comprehensive group and individual insurance is based on data reported to the state department of insurance. Group insurance is based on 1,067,035 enrollees and individual insurance is based on 330,417 enrollees. Supplementary vision and dental insurance contracts sold as riders to comprehensive insurance are not included.

Medicaid costs are based on data from Macpac.gov divided by the number of people covered based on Kaiser Family Foundation data. Medicaid data includes both state and federal spending. Medicare costs are based on  data from CMS.gov divided by the number of people covered  based on Kaiser Family Foundation data. CMS data are from 2014, adjusted for health insurance cost inflation rates.

Number of People Covered by Health Insurance in Ohio

The largest increase in the number of people covered was in the category of Medicaid coverage. The increase Medicaid enrollees over the four-year period was 649,900.

Health Services Use by Ohio Residents

The number of enrollees on which data was collected is as follows: Group insurance, 1,067,035; Individual insurance, 330,417; Medicaid managed care, 2,449,199; and Medicare Advantage, 635,219.

The frequency of doctor visits among Ohio residents with group insurance, individual insurance and Medicaid managed care contracts was similar to the national average. However, residents with Medicare Advantage coverage visited doctors slightly more frequently than the national average.

Non-doctor health care visits is a measure of how often people receive medical care without seeing a doctor. This type of care excludes patients that have been admitted to hospitals or other institutions. Examples of non-physician health care includes appointments or walk-in clinics to see a nurse, physical therapist, counselor for mental health appointments or other non-physician medical personnel.

Ohio residents with all four types of insurance coverage used non-physician medical services with a significantly higher frequency than the national average.

Non-physician care tends to be an expensive form of treatment. The reason non-physician visits are expensive is that many times these are visits to outpatient facilities. Many outpatient facilities are owned and operated by hospitals. While hospital owned and operated medical facilities are less expensive than a hospital, oftentimes they are more expensive than a doctor visit.