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:
- Tobacco Use
- Health Status
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.
With very few exceptions, the older you are, the higher your monthly premium.
Good to know: Get copies of all your medical test results and records. Bringing those with you to consultations can cut the number of tests and office visits you need. Often, if you've had a test recently, there is no need to repeat it. Plus, if you visit a doctor with test results in hand, she can advise you immediately rather than needing to set up another appointment after test results arrive.
|Cleveland Clinic - Lutheran Hospital
1730 W 25th St, Cleveland, OH 44113
Cleveland, OH 44113
Telephone: (216) 696-4300
Plus Code: F7PR+WX Cleveland, Ohio
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.
Most insurance companies in Ohio will charge a slightly higher monthly premium for Medicare supplement coverage if you smoke or chew tobacco.
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.
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.
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 2020
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:
Discuss health plans options with your doctor. Go over your insurance company's list of covered prescription medications with your doctor. Some medicines will cost you more than others. If your doctor knows what's on your insurer's list, he can select the best medication for you at the lowest price. Also, if your plan requires you to get a referral to a specialist, take your insurance plan's preferred-provider list to your primary-care appointment. Your doctor can easily pick out the best specialist who participates in your plan.
Short Term Health Insurance In Cleveland Ohio