Ohio Health Insurance Premiums

In 2015 and 2016 Ohio health insurance premiums rose by about 15%. Over the last decade many Ohioans income only rose by 11%. Unless you were born and raised in Ohio and relocated to Canada, you probably already knew that, or could have come close to guessing!

Ohio Health Premiums:

  • Average group health insurance premium for Ohio family through their job climbed from $6,500 to $12,100. This is the total amount paid by both the employee and the employer.
  • During the same time Ohio employees earnings rose from $25K to about $28K, the $3K extra in earnings was only enough to cover half the increase in health premiums.
  • The United State average premium per a family was over $15,000. So Ohio is still offering more affordable health insurance coverage than most states.

Ohio Health Insurance Premiums vs New Health Insurance Quotes

Believe it or not, most Ohioans can actually get lower rates on health insurance by shopping for their own policy. Currently the Ohio health insurance companies are rewarding individuals and families by offering low introductory rates. Starting 01/01/2012 the insurance carriers will not be able to underwrite for health conditions, so now is the time for them to build a base of healthy members. It is not uncommon for an individual or family premium to be 25% less than a premium offered through a group or employer based health plan.