Medical Mutual of Ohio: High Risk Pool

Posted by ChrisPratt

August 27, 2010

As of August 1st, 2010, Medical Mutual of Ohio has been accepting applications for the Ohio High Risk Pool. The High Risk Pool is a result of the Patient Protection and Affordable Care Act (PPACA), or health care reform, which was approved by President Obama on March 23, 2010. The purpose of the High Risk Pool is to allow for affordable health insurance options for those individuals who cannot secure coverage due to pre-existing conditions.

Both Medical Mutual and the Ohio Department of Insurance believe that the High Risk Pool will eventually cover over 4,900 members. With the assistance of the federal government (in the amount of $152 million), Medical Mutual is hoping to financially sustain the High Risk Pool until 2014–at which time all policies will be guarantee issue.

While it is a great opportunity to secure coverage, the window of availability for this program is closing quickly. As of August 20th, over 240 individuals have already been approved for coverage. And, with underwriting approving 15-30 applications per day, the High Risk Pool could very well close its doors within 12 months–leaving many individuals without coverage.

In order to become a member of Medical Mutual’s High Risk Pool, it is imperative that individuals submit their applications immediately. The stipulations to join the program, as determined by health care reform bill, are as follows:

Must have been without coverage for more than six months.
Must have a pre-existing condition that prevents one from securing private insurance.
Must have been denied coverage by two or more carriers.
Must NOT have group coverage available.

If you or anyone you know is a candidate for Medical Mutual of Ohio’s High Risk Pool, please visit www.OhioHighRiskPool.com. The website, which is administered by Medical Mutual, offers details regarding the plans offered and the necessary steps to secure coverage. Please feel free to contact an agent at Chaser Insurance Group for guidance when completing your application. You can reach at agent direct and toll free, at (877)775-4321 or by emailing AF@HealthInsuranceChaser.com.

Health Insurance Reform, Pre Existing Condiotions Clauseaffordable health insurance, guarantee issue, Medical Mutual of Ohio, Ohio Department of Insurance, Ohio High Risk Pool, Patient Protection and Affordable Care Act, PPACA, preexisting conditions

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