What Kind of Health Insurance for Senior Citizens Is out There?
Health Insurance for Senior Citizens
My Two Cents....
Like most people, I assumed that most seniors automatically enrolled in Medicare when they reached 65 years of age.
While this is certainly true for the most part, my dad told me you could find a variety of health insurance options for senior citizens. In addition to Medicare, a variety of state health insurance companies provide health insurance for seniors.
I know more than a few older friends who I know don’t have health insurance. I did some checking and found a number of websites that provided health insurance options.
One of the first things I learned is that the longer you wait or the older you get, the higher the rates for insurance are. Your current activity level may also determine your rates.
As lifestyle risks increase, so do rates (so you may not want to join that sky-diving club after all). However, the more active you are, the better your health, as insurance companies believe they activity reduces your risk to relatively common age-related illnesses and disease processes.
I found that the American Association of Retired Persons (AARP) provides a variety of information on health insurance options for seniors, and many are determined by the level of care needed. However, keep in mind that AARP may receive some perks or subsidies by recommending certain insurance companies over another.
When seeking health insurance for senior citizens, keep in mind that age, medical condition, overall health and wellness, and activity levels will have an impact on rates and policy coverage.