Think that you are covered via your employer sponsored group Ohio disability benefits plan, workman’s compensation or the government’s Social Security disability program? Think again. While most group policies do offer some protection for temporary or short term illness or injury the majority of them only offer very limited protection and only pay about 60% of your income, and workman’s comp is about 40% Social Security 40%. Also all three of these sources have extended waiting periods before they will even kick in.

If your family needs your income to survive then it may be time to look into Ohio disability benefits plans. A private disability insurance policy is specially designed to replace a portion of your income, either long or short term, if you are ever disabled and cannot work.

At Strategic Business Services we work hard helping you find the most affordable deals on coverage. Protect your financial future, your health and your credit rating with an Ohio disability benefits plan today. Just give us a call at 1-614-545-6957.

Our agents are standing by with the experience and the desire to help you get the most affordable health insurance from the top rated carriers in the state. Or if you are really a do-it-yourselfer at heart you can click on the link above and check out a few quotes yourself; it’s fast, free and there is absolutely no obligation.

First of all, take a breath and look again, there should be two out of pocket maximums listed. The really scary one is your lifetime allowance and will be understood as you learn more about what the term means under your health insurance plan.

Basically, your yearly out of pocket maximum is the maximum amount that your medical insurance in Ohio will expect you to pay in a single year worth of deductible and co-insurance amounts. It is a way of protecting you from extreme high costs in the event of a catastrophic illness or injury. In other words, your out of pocket maximum is a cap placed on your share of the liability.

Let’s face the facts here; you purchased your health plan to help cover the bills if something major happens as a way to protect your family’s financial security. Without health insurance plan a simple emergency could wipe out your savings and your credit rating in one fell swoop.

Health care is expensive and getting more so by the minute a simple and common procedure such as an ACL repair (knee surgery) can cost upwards of $20,000 and cancer treatments can run $100,000 or even more. If, for some reason, you need to have an expensive operation or treatments your health insurance should be there to protect your wallet with an out of pocket maximum.

At Strategic Business Services we work hard helping you find the most affordable medical insurance in Ohio. Protect your financial future, your health and your credit rating with an affordable health plan today. Just give us a call at 1-614-545-6957.

Our agents are standing by with the experience and the desire to help you get the most affordable health insurance from the top rated carriers in the state. Or if you are really a do-it-yourselfer at heart you can click on the link above and check out a few quotes yourself; it’s fast, free and there is absolutely no obligation.

Did you know that under COBRA you are allowed to keep your employer sponsored health insurance policy for up to 18 months after leaving your job? The bad news is that your previous employer will no longer pay a portion of the premiums so if you choose to extend your COBRA benefits you will have to foot the bill yourself. There are other options available to you.

Do you have any employees? Did you know that most small business health insurance plans are available for as few as 2 people? If you have between 2 and 50 employees you might want to check into starting an employee sponsored health insurance policy of your own. Your employees will thank you and one of the perks of providing a benefits package is employee loyalty and the ability to hire better workers.

At Strategic Business Services we work hard helping you find the most affordable Ohio health insurance. Protect your financial future, your health and your credit rating with an affordable health plan today. Just give us a call at 1-614-545-6957.

Our agents are standing by with the experience and the desire to help you get the most affordable health insurance from the top rated carriers in the state. Or if you are really a do-it-yourselfer at heart you can click on the link above and check out a few quotes yourself; it’s fast, free and there is absolutely no obligation.

We are sure you have heard the experts tell you many times that whenever something happens in your life you should reevaluate your Ohio insurance plan, the guys who sell life insurance are especially fond of that one. However, did you know you should also check your health insurance policy?

The biggest life changing event that requires a second look at your health insurance policy is marriage. If you recently got married or are considering getting married now is the time to purchase a family health insurance policy. Why? Let us answer that question with a different question. Are you considering having children?

You see most health insurance policies do not cover pregnancy and childbirth. For those types of coverage, you may need to look into a rider on your Ohio insurance plan. And if you wait until the blessed event occurs, and you get pregnant you may just find out that your health plan will not cover this wonderful but very expensive event. New policies will treat it as a preexisting condition and your current policy may not take care of all the bills.

At Strategic Business Services we work hard helping you find the most affordable Ohio insurance plan. Protect your financial future, your health and your credit rating with an affordable health plan today. Just give us a call at 1-614-545-6957.

Our agents are standing by with the experience and the desire to help you get the most affordable health insurance from the top rated carriers in the state. Or if you are really a do-it-yourselfer at heart you can click on the link above and check out a few quotes yourself; it’s fast, free and there is absolutely no obligation.

First the basics, the letters HSA stand for health savings account, and that is more or less what these plans are. A HSA is an account held by a bank and owned by the member, they allow you to put money into it to save for current and future medical expenses on a tax advantaged or tax free basis.

Anyone, including your boss, can contribute to your HSA account up to the limit that is set by the government for that particular year, although all contributions to your health insurance HSA must be made in cash.

Did we tell you that HSAs are tax advantaged? Here is some of the HSA tax benefits, according to the IRS:

• You are allowed to claim a tax deduction for any monies contributed toward your HSA except those contributed by your employer.
• The contributions that are made to your HSA are excluded from your gross taxable income.
• HSA accounts are interest bearing accounts and the interest earned on them is also tax free.
• Most of the money that you take out of the account is also tax free as long as it is used to pay for qualified health expenses.
• Why would you choose an HSA plan? Simple, you would choose such a plan for the savings and the ability to have full control over how, when and where your health insurance dollars are spent.

A HSA account allows you to spend the money in the account on any qualified health care related expense. According to the IRS Publication 502 on HSA a qualified health expense includes “the costs of diagnosis, cure, mitigation, treatment, or prevention of disease, and the costs for treatments affecting any part or function of the body. These expenses include payments for medical services rendered by physicians, surgeons, dentists, and other medical practitioners. They include the costs of equipment, supplies, and diagnostic devices needed for these purposes.” According to this definition even OTC medications and insulin are covered!

At Strategic Business Services we work hard helping you find the best health insurance in Ohio. Protect your financial future, your health and your credit rating with an affordable health plan today. Just give us a call at 1-614-545-6957.

Our agents are standing by with the experience and the desire to help you get the most affordable health insurance from the top rated carriers in the state. Or if you are really a do-it-yourselfer at heart you can click on the link above and check out a few quotes yourself; it’s fast, free and there is absolutely no obligation.

Perhaps the easiest way to view a deductible is as a deferred down payment toward your health insurance that is paid out only if or as it is needed. Deductibles are basically the amount that you will have to pay out of your own pocket for your health care needs before a health insurance carrier will pay for any of your care. A deductible can be as low as $100 or as high as tens of thousands of dollars and is basically up to you what amount you are willing or able to spend, although there are some guidelines. For help choosing the right deductible give us a call.

At Strategic Business Services we work hard helping you find the most affordable Insurance companies Ohio as well as the best plans. Protect your financial future, your health and your credit rating with an affordable health plan today. Just give us a call at 1-614-545-6957.

Our agents are standing by with the experience and the desire to help you get the most affordable health insurance from the top rated carriers in the state. Or if you are really a do-it-yourselfer at heart you can click on the link above and check out a few quotes yourself; it’s fast, free and there is absolutely no obligation.

As a way to save money health insurance companies often prefer to not cover those who have what is termed a pre-existing condition. A preexisting condition is any health condition for which you have ever received treatment.

Preexisting conditions can be almost anything from the simple and common such as a sprained knee, headaches or irregular menstrual cycle to the much more serious like heart disease, cancer and diabetes. If there is a preexisting condition in your medical records, even if it is a mistake, the health insurance companies will do one of two things; they will deny coverage to you or place a rider on your policy.

A waiver or rider is an addendum to your policy that explains any exceptions in your health insurance coverage. They are the way that health insurance companies exclude preexisting conditions. A rider can be a permanent exclusion or a temporary one.

That may not seem fair to you or me but it is actually good news for you. Some people have a preexisting condition that is denied coverage completely with a rider on your policy the rest of you is insured. There are a few ways that you can get around these riders. Need more information about how to get around riders or exclusions or need help finding insurance companies Ohio which will work with pre-existing conditions? Just give us a call.

At Strategic Business Services we work hard helping you find the most affordable deals on coverage from the top insurance companies Ohio. Protect your financial future, your health and your credit rating with an affordable health plan today. Just give us a call at 1-614-545-6957.

When comparing the different rates of Ohio insurance quotes most people simply look at how much the premiums will be to try and decide if the plan fits into their budget or not. Unfortunately, that is not really the correct way to calculate the total cost of a health plan, and you could easily run into serious problems with unexpected expenses later.

So let’s grab a piece of paper and let’s figure out the true cost of your plan. The first things you need to do is write down what you are currently spending on each category annually so that you know what goes where. Your paper should look something like this when done.

• Office visits
• Emergency visits
• Health care items
• Prescription drugs
• Total medical care

Once you have calculated what you are already spending for your family’s current health care needs over the last year it is time to take a look at how much a new health insurance plan will actually cost you so you can more easily compare the rates. The easiest way to do this is to imagine that you had the policy over the last year and figure out how what you spent would compare with the policy.

• Monthly premiums
• Co-payment
• Deductible
• Co-insurance
• Out of pocket maximums
• Prescription drugs
• Total yearly expense

Basically, the true cost of a plan is not just the premium but the total sum of all the parts with the out of pocket maximum allowance for the year being the absolute cap on what you would need to spend.

At Strategic Business Services we work hard helping you find the most affordable Ohio insurance quotes. Protect your financial future, your health and your credit rating with an affordable health plan today. Just give us a call at 1-614-545-6957.

Our agents are standing by with the experience and the desire to help you get the most affordable health insurance from the top rated carriers in the state. Or if you are really a do-it-yourselfer at heart you can click on the link above and check out a few quotes yourself; it’s fast, free and there is absolutely no obligation

Ohio disability insurance replaces a percentage of your income if you become disabled due to either illness or injury and cannot work for an extended period of time. Think you are covered under your employer sponsored plan or Social Security? Think again.

The truth is many of us are covered under our work related group insurance plan for a temporary disability but it is also true that most group disability policies only pay around 60% of your salary for a very limited amount of time. If you are relying on Social Security disability to help out if something happens then you may be in for an even bigger surprise. While Social Security disability is one option to help pay the bills if you become seriously sick or injured it takes 6 months or more before you start getting payment after you are approved and it only pays about 40% of your base salary.

At Strategic Business Services we work hard helping you find the most affordable deals on coverage. Protect your financial future, your health and your credit rating with an affordable Ohio disability insurance plan today. Just give us a call at 1-614-545-6957.

Our agents are standing by with the experience and the desire to help you get the most affordable health insurance from the top rated carriers in the state. Or if you are really a do-it-yourselfer at heart you can click on the link above and check out a few quotes yourself; it’s fast, free and there is absolutely no obligation.

• Waiting period. Although it is possible to purchase a disability plan that starts payment as soon as you become too ill or injured to work the longer you can wait the less you will pay for your policy. It is recommended that you strive for at least a 120 day waiting period if possible.
• Residual disability riders. If at all possible opt for a residual disability rider. Most of us tend to keep working as long as or as much as we possibly can when we are injured or fall ill. A residual disability rider covers any loss of income even if you continue to work. This rider protects you if you lose 15 or 20% of your income due to your disability.
• Own occupation. Remember that the insurance company’s definition of total disability could be vastly different then your own. Make sure that any Ohio disability policy you purchase is for own occupation instead of modified own occupation or the even less desirable gainful occupation. Why? If you are an electrical engineer who could no longer work would you enjoy being forced to become a fast food cashier?