Wondering what Paramount Health Insurance Company has to offer or whether a health care policy from this company can meet your needs? With so many health insurance companies vying for your business it can be difficult to choose. The choice can be made easier by gaining knowledge about each company you consider.
Becoming familiar with Paramount Health Insurance Company’s scope, focus, and mission can help you get an idea as to whether their approach to health care is similar to your own. Gaining a clear understanding of what types of plans and products they offer will help you determine if this insurer is able to meet your needs. You might also be interested in whether they are well rated or have received any notoriety for excellence. Lastly, you will want to find out if Paramount Health Insurance can provide the coverage that you need at a cost that you can afford.
Read through this Paramount Health Insurance review, take a look at the reviews of Paramount Insurance left by customers at the bottom of the page, and then enter your zip into the box on the side of the page to compare quotes from the top health insurance companies in your area for free!
Paramount Health Insurance History
Paramount Health Insurance began in 1988 and is now licensed to provide health insurance in Northwest Ohio and Southeast Michigan. They are locally owned and have offices in Maumee, Ohio and Dundee, Michigan. They have 187,000 members and are one of the largest health care providers in Ohio. They are committed to providing high standards of service, quality, integrity and ethics. They strive to continuously improve the quality of care provided to members in the areas of access, compassion, accountability and prevention.
Paramount Advantage is this provider’s Medicaid product. The plan is available in seventeen counties in Ohio including Allen, Auglaize, Defiance, Fulton, Hancock, Hardin, Henry, Luca, Mercy, Ottawa, Paulding, Putnam, Sandusky, Seneca, Van Wert, Wood and Wyandot. If Paramount Advantage facilities or providers are used, this plan will automatically cover primary care services, annual well adult visits, well child exams until the child is 21 years old, immunizations, mammograms and cervical cancer screenings, physicals for employment, family planning, obstetrics and maternity care, midwives, vision, emergency, chiropractic, and federally qualified health center or rural health clinic care.
If your primary care physician gives prior authorization the plan will also cover diagnostic services, speech and hearing, physical and occupational therapy, developmental therapy for children under six years old, outpatient, inpatient, prescription drugs, medical supplies, durable medical equipment, ambulance, podiatry, home health services, hospice, renal dialysis, nursing facilities for short term stays, mental health services for handicapped children, dental and substance abuse services.
You have coverage for two types of drug lists with Paramount policies. The first is a preferred drug list that gives brand name and generic drugs that are covered by the plan, and the other drug list has brand name medications that require prior authorization from your physician to be covered. Any medication that is not on either of these lists is not covered by the plan.
Paramount Advantage includes a transportation assistance program. Provided you make the arrangements two days in advance of your appointment and you live within 30 miles of your providers office, Paramount will provide transportation to and from the appointment. This plan will cover 30 trips in a twelve month period.
Paramount Preferred Choices
Paramount Preferred Choices has 21 different Preferred Provider Organization style plans. These plans differ by service area, out-of-pocket expenses, deductibles, and the percentage paid on covered services. Preferred Choices also have options for health reimbursement and health savings accounts.
Paramount Care of Michigan
Another option is called Paramount Care of Michigan. This is a three tier plan that has three levels of coverage depending on who you choose to provide your care. The levels are in-network, preferred provider organization and out-of-network. If you choose to get care from providers that are not Paramount preferred care providers you are required to call prior to receiving services. If notification is not made a 10% co-insurance fee will apply. This fee is limited to $100 on office visits and $500 on in-patient care. Some out-of-network services are covered including specialist visits, in-patient hospital care, rehabilitation, nursing facilities, hospice, and home health care. Again, notification is required prior to receiving services.
Paramount POS Flex Plan
The Paramount Point of Service plan is called Flex and requires the member to go through a network Primary Care Physician for care and referrals. Referrals are not required for in-network OBGYN, Ophthalmologists, vision care, Dermatologists, Allergists, Pediatric Pulmonologists, Hematologists, or Oncologists. Deductibles for this plan are not to exceed $1000 for single person coverage and $2000 per family. Co-payments are not to exceed 40% of the cost of service. Out-of-pocket expenses are limited to 200% of the annual premium with this plan.
Paramount Elite is their managed care alternative to traditional Medicare. This plan covers those services usually associated with Medicare but adds vision and dental coverage with optional prescription drug coverage.
Paramount Medigap & Supplemental
Paramount Health Insurance also offers Medigap and Select Supplemental plans that are designed to help participants cut down on out-of-pocket expenses that Medicare doesn’t cover. The plans allow members to choose coverage and premiums that are most beneficial to them.
Paramount Insurance Awards
In 2003, Paramount Health Insurance was given the highest level of accreditation from the National Committee for Quality Assurance. They were awarded the status of excellent for both their Paramount Advantage Medicaid Program and their Paramount Elite Medicare Programs. You can research this company further, or any other insurance provider through consumer organizations like the Better Business Bureau, Moody’s, Standard & Poor’s and A.M. Best.
Compare Paramount Health Insurance Quotes
Now that you are familiar with Paramount Health Insurance, you will want to compare their rates with those of several of their competitors. You can obtain free rate quotes by using the quote tool on the right side of the page. Performing a price comparison will ensure that you get the best price for your health insurance policy. Get started comparing health insurance companies now!