There are more than 1,371,000 recipients of Original Medicare in Ohio. Some of the one million-plus people in the Buckeye State enrolled in all parts of Medicare. The rest receive their benefits from just some of Medicare’s offerings.
Original Medicare is a big help to those who have it, but there can come a time when you need more than what it offers. That’s where supplemental plans enter the picture.
There can be a vast amount to choose from in Ohio, so we will break down all of your Medicare options and even show you the number of other Ohioans who utilize the various Medicare parts.
Facts and Figures of Medicare in Ohio
- Part A of Medicare in Ohio boasts 1,320,000-plus members.
- Of the Ohioans in Part A, just under 1,119,000 recipients had aged into the program. On the other side of that coin, 201,000 beneficiaries entered Part A through disability.
- Regarding Part D prescription drug plans, roughly 1,830,000 boomers partake in this benefit.
- About 1,000,000 residents of Ohio enjoy Medicare Advantage plans.
Looking at Medicare Costs in Ohio for 2024
The only way to truly be prepared for the costs associated with Original Medicare is by knowing each part and the deductibles, co-pays, and co-insurance rates.
Part A of Medicare is for all your hospital visits. This part of Medicare is known as inpatient care and refers to any services rendered in an emergency room or a stay in the hospital that generally lasts more than a day.
Part B is for all outpatient care. Medical supplies, flu shots and vaccines, routine medical exams, and anything that doesn’t require a hospital stay.
|Medicare Part A Costs in 2023
|Medicare Part B Costs in 2023
Looking at Original Medicare Coverage in Ohio
There are a bit less than 1,146,000 Ohioans who enrolled in both Part A & B of Medicare. Breaking down that number further shows around 974,000 of those aged into the program. Another 172,000 residents enjoy both parts of Original Medicare after opting in through a disability.
|Medicare Part A (Hospital Coverage)
|Medicare Part B (Medical Insurance)
Knowing More About Supplemental Medicare Plans in Ohio
Healthcare costs continue to rise year after year. Ohioans, like everyone else, want to find ways to mitigate these cost increases while getting the most comprehensive coverage they can afford. While Medicare is helpful toward this goal, it’s still a tricky landscape to navigate.
That’s where a Supplemental Medicare plan can make a difference when living in Ohio. These additions to Original Medicare can extend or close the gap between coverages to make sure you have the reassurance that you’re good to go medically. Many people prefer a Medicare Supplement plan is their ease of use and simplicity of comprehension.
Private companies offer these plans at a low monthly premium to help you receive benefits for things that Original Medicare doesn’t cover. Medigap plans partner with the federal government to ensure you’re receiving options for care affordably.
When going with a Medigap plan, citizens in Ohio also opt to purchase a Part D prescription drug plan. Part D helps make the medication available to Ohioans at more reasonable costs.
Another option for those looking to supplement their health care is a Medicare Advantage plan. Medicare Advantage guarantees emergency coverage outside Ohio or your immediate area. An MA plan can also help recipients with dental and eye care, which aren’t a part of Original Medicare.
Medicare Resources for Ohioans
Ohio residents have several different choices when getting information about their Medicare coverage. The Ohio Senior Health Insurance Information Program. The Ohio Department of Insurance runs its SHIP program.
Cities in Ohio with Medicare Supplement Coverage’s Estimated Premiums
There are charts compiled to illustrate sample premiums for Medicare Supplemental coverage for the below Ohio cities:
How much does Medicare cost in Ohio?
The cost of Original Medicare — meaning both Parts A & B — ranges from free to hundreds of dollars per month. These costs depend on whether you’ve reached 65 and how many work years you have. If you have ten years or more, Part A is free.
If you have less, though, it can cost nearly $500 per month, depending on how many work years short you’re. Also, if you choose to pay for Part A of Medicare, you must enroll in Part B.
What is the difference between Medicaid and Medicare in Ohio?
Medicare and Medicaid are only the same in that they are government-funded healthcare plans to cover US citizens. However, who receives coverage under each plan varies.
For Medicare, this is for older people — as young as 62, depending on the circumstances — who might be drawing Social Security benefits and have a work history requirement to get premium-free coverage.
Medicaid covers pregnant women, children, people with disabilities, and low-income individuals or families.
Is Medicare free at 65?
You get Part A of Medicare for free if you’re 65 and have started drawing Social Security benefits. If you have deferred taking Social Security until a later age, you will have to pay a small premium to receive it.
Also, you or your spouse must have ten years of work history of paying Medicare taxes, or one of you must have a disability to qualify for premium-free Medicare. Medicare Part B has a standard monthly premium that most Medicare beneficiaries must pay.
Signing Up For Supplemental Medicare in Ohio
With so many different things surrounding Medicare to consider, it can be a daunting task to sort it out all by yourself. That’s why choosing to work with a licensed agent — free of charge — is in your best interest. It’s entirely complimentary to contact us by filling out our rate form today to receive specific quotes for your area in Ohio.