How much does a Medicare Supplement Plan Cost In Cleveland, Ohio?
How much does a Medicare supplement plan cost in Cleveland, Ohio? Well, that depends upon a variety of factors. Generally, Medicare supplement plan monthly
premiums run slightly higher in Ohio than they do in other surrounding states. But there are other factors that have a far greater impact on price.
We will list the factors that impact the premium rates of Medicare supplement insurance. They are ordered from the most significant impact, to the least:
- Plan Type
- Age
- Company
- Tobacco Use
- Health Status
- Region
Plan Type
The most significant factor is the plan type that you choose. For example, the monthly premium of a plan type "F" is going to be significantly higher than the monthly premium of a "high deductible plan type F". This is because each Medicare supplement plan type offers a different benefit structure. All supplement plans are designed to cover medical costs that are not covered by traditional Medicare. However, some plans pick up more medical costs than others. These benefit differences are reflected in monthly premium.
Age
With very few exceptions, the older you are, the higher your monthly premium.
Good to know: Take Advantage of Extras. Your health plan may offer valuable services you don't hear much about, so poke around your insurance company's web site to learn what's available. Some insurance companies provide 24/7 on-call nurses. They can guide you on how to safely remove a splinter or whether or not your child's cut or bruise warrants an immediate doctor visit. Some plans also offer discounts on acupuncture, gym memberships, massage treatments, weight-loss programs and more. It takes just a small amount of effort to
find out the extras your health insurance company has to offer. Make that effort. You will almost certainly find a program or discount that will benefit you.
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| Cleveland Clinic - Lutheran Hospital 1730 W 25th St, Cleveland, OH 44113 Cleveland, OH 44113 Telephone: (216) 696-4300 Plus Code: F7PR+WX Cleveland, Ohio |
Company
In Cleveland, Medicare supplement monthly premiums vary wildly depending upon which insurance company you buy the plan from. The fact that plan benefits may be exactly the same, does not mean the monthly premium will be. While traditional Medicare is a government program, Medicare supplement plans are offered by private insurance companies. They get to set the pricing of the plans they offer.
Tobacco Use
Most insurance companies in Ohio will charge a slightly higher monthly premium for Medicare supplement coverage if you smoke or chew tobacco.
Health Status
In some cases, if you are not enrolling within the open enrollment - guarantee issue time frame for Medicare supplement coverage, some companies in Ohio will charge you a higher rate if you have specific medical issues. Please contact us if you have questions concerning this.
Gender
Medicare supplement insurance plan rates in Ohio are affected by gender. The monthly premium rates tend to be slightly lower for women than they are for men.
Region
The cost of your Medicare supplement plan can vary moderately dependent on where you live within the state. There are a multitude of factors that impact this variance of pricing within Ohio. Such factors include: The regional costs of physician and hospital services, Fee schedule negotiated by the insurance companies for services. Fee schedule negotiated by the insurance companies for prescription drug pricing.
On Average For 2024
On average, in Cleveland, Ohio, for a standard plan A, the average monthly premium for a 65 year old non-tobacco, female applicant would be: $125.00 - $186.00.
On average, in Cleveland, Ohio, for a standard plan A, the average monthly premium for a 65 year old non-tobacco, male applicant would be: $131.00 - $197.00.
Good to know: If you have outstanding medical bills, sometimes, phone calls just don't cut it. In those times, you may have to take a trip to meet with members of your healthcare facility's billing department one-on-one. Often, you will be able to work out a deal by meeting in person that you may not have achieved over the phone. When you go to your meeting, make sure that you give your hospital detailed information of your finances and current medical situation. Often, healthcare providers are willing to work with you to iron out an affordable alternative to traditional payment options. In some cases, you may even be eligible to discounts and other benefits to which you would otherwise not have been given access.
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Short Term Health Insurance In Cleveland Ohio
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