Note: These are just StretchDollar's suggestions. For the tricky health stuff, better check with a broker
The marketplace, also known as a health insurance exchange, allows individuals and families to shop for health insurance. Established by the federal government, it mandates that listed health plans provide comprehensive benefits.
In 2019, the government introduced ICHRA (Individual Health Reimbursement Arrangement), a unique way for small businesses to offer health benefits. Through ICHRA, business owners can give pre-tax money to employees for purchasing their own health plans from the marketplace. More employees than ever before are shopping the marketplace. Let's explore the options.
Where you live makes a difference in your health insurance options. Great news — if Cleveland, Ohio is your home, you're in luck with lots of options! We've rounded up our top picks, keeping an eye on budget-friendly choices and strong network coverage.
Best if you like telemedicine + $0 deductibles.
Oscar’s Bronze Elite + PCP Saver Plus
Best health plan if you need the Cleveland Clinic in network.
Oscar’s Silver Elite Saver Plus
Best general all-around option for the price and network.
Aetna CVShealth - Bronze 4
For those mindful of their budget, check out these cost-effective health insurance options available in Cleveland, Ohio.
*Based on 30-year-old male
If mental support coverage matters to you, check out these health insurance plans.
Note: If you have a particular therapist you love (and we hope you do), we recommend double checking with them that they accept these plans before purchasing one.
Interested in earning credit card rewards while paying your health insurance premiums? You're in luck. Here are some health insurance providers in Cleveland, Ohio, that let you pay with a credit card:
Here are a few health insurance plans that throw in some extra perks:
An app you’ll actually use with integrated telemedicine
A $3 prescription medicine program
Free access to popular fitness centers/gyms
Shopping on the marketplace gives you plenty of options to choose from. Cleveland's marketplace features over 110 plans from eight different health insurance carriers.
Health insurance has a lot of terms and jargon that are important to know. Here’s some of the main ones you’ll come across. You can find more here.
Seeing out-of-network doctors or taking medicines that aren’t covered by your health plan can become quite costly. If you have complicated health needs or take specialty medicines, you should consult a broker to make sure your doctors and prescriptions are covered.
Health insurance is complicated and costly, especially for small businesses. High participation rates and contribution requirements make it out of reach for many. Not to mention, traditional group health insurance plans often require 60+ hours of administrative work. That’s where ICHRA comes in. Small business owners finally can control their benefits budget and setup takes just ten minutes. Learn more.
