On this page we help consumers: Compare Paramount Health Care Medicare Supplement Plans in Ohio with competing Medigap plans. Shop lowest prices on Medicare Plan F, G, N and more. Read our 5-star review of Paramount Health Care vs. Top Ten Competition.
What Medigap plans does Paramount Health Care offer in Ohio?
Paramount Insurance Company offers 5 different Medicare Supplement Plans in Ohio. Each lettered plan pays Medicare benefits differently (see Comparison Chart or check out our Review). Here they are at a glance:
Attained Age Rated Medigap Plans: With this plan rating type your monthly premium is based on your current age. As you age your premium will increase. As an example, if you enroll in a Medigap policy at age 65 with a premium of $120, it may increase to $138 when you turn 69, and $162 at age 72. Also, Attained Age rated plans may increase with inflation.
Paramount Health Care Medicare Supplement Comparison Chart
The Medigap Plan Comparison Chart below outlines the coverage of each Paramount Health Care Medicare Supplement:
REVIEW: Paramount Health Care Medicare Supplements in Ohio
Paramount Health Care scored 3.5 out of 5.0 based on our scoring method. Paramount Health Care has priced their Plan F out of the top 10 in Ohio, they have been in the Medicare Supplements business less than 10 years, and their A.M. Best financial rating is unknown or not great. For these reasons we cannot recommend this carrier. See the top 10 competition.
Here are the pros and cons from our analysis:
- No charge for writing the policy.
- Uncompetitive Plan F premium.
- Unknown financial strength (no A.M. Best rating).
- Less than 10 years in the Medicare Supplements business.
- Does not offer Medicare SELECT plans.
- Does not offer the 5 most popular plans.
We reviewed Paramount Health Care's Medigap plan offering in Ohio versus all other carriers in the state. Our review is unbiased. We use a formula that looks at years in business, A.M. Best financial strength rating, plans serviced, plan premiums and fees. We did not take into account rate increase history.
Paramount Health Care Medigap Plan F vs. Competition
Medicare Supplement F is the most popular plan sold in Ohio. The following table shows how Paramount Health Care stacks up with the competition.
Contact Paramount Health Care Medigap Sales
For assistance 24 hours a day, call 800-633-4227. TTY users should call 877-486-2048 or visit www.medicare.gov. If you qualify for Medicare but have not yet enrolled or verified your enrollment status, you can do so on the Social Security Administration website. You can learn more about Medigap on the Wikipedia page and on WebMD.
Compare Plan Rates
The average Ohio senior compares three or more quotes before making an enrollment decision.
Paramount Health Care Medicare Supplements are available to all Ohio beneficiaries, ages 65 and older, who are enrolled in Medicare Part B. If you are just turning age 65, you have guaranteed issue rights and cannot be turned down by Paramount Health Care. Plus, your policy cannot be canceled and it will continue to be renewed as long as you pay the premiums on time and make no material misrepresentations.
Paramount Health Care services Medicare supplement insurance in Cincinnati, Cleveland, Elyria, Columbus, Dayton, Akron, Toledo, Youngstown, Euclid, Parma, Canton, Lorain, Hamilton, Springfield, Kettering, Lakewood, Cuyahoga Falls, Middletown, and most other Ohio cities. Visit the Paramount Health Care Medicare page for more information.
About this Review
This page presents an independent review of Paramount Health Care as a Medicare Supplement insurance carrier in Ohio as compared to all other carriers. MedicareWire provides this information for consumer educational purposes. Our goal is to present information accurately and without bias, based on our interpretation of factual information about each carrier.
Medicare Supplement insurance, also known as Medigap insurance, must follow federal and state laws and does not work with any other type of health insurance, including Medicare Advantage Plans, employer/union group health coverage, Medicaid, Veterans Administration (VA) benefits, or TRICARE. Insurance companies, including Paramount Health Care, can only sell you a standardized Medigap policy identified by letters A through M. Each standardized policy must offer the same benefits, no matter which insurance company sells it. Cost is the primary difference between Medigap policies sold by different insurance companies.
Additional Information About Medicare Supplements
- What are Medicare Supplement Plans?
- How Much Do Medicare Supplement Plans Cost?
- Medicare Supplement Open Enrollment Period
- Medicare Advantage vs. Medicare Supplement
- Medicare Supplemental Insurance for Disabled Under 65
Additional Foot Notes
 Sample premium is for a 65 year old, non smoking, woman living in Ohio. The rate was accurate on date of publication. Rates change frequently and they are priced by county. You must contact a licensed agent to get a current rate for your situation.