64 Year Old Americans Save Money With Short Term Health Insurance Waiting for Medicare to Start

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

[ad_1]

Getting Medicare soon? You Might Consider Short Term Health Insurance Until Medicare Starts

Every American turning 65 is eligible for Medicare insurance benefits that Americans pay for all their working lives. The truth of the matter is that Medicare is a good program with great benefits. Once you get on Medicare, you have many very good options that people under 65 do not have. The few months leading up to the time you go on Medicare is the most expensive medical insurance premium that anyone ever pays in their lives.

Most people are on a policy through their employer or their spouse's employer. If that is the case, the employer is potentially paying for a portion of your benefits. If you have someone else paying for your benefits, that is a good thing and I generally recommend that you keep that plan. However, if you are in a situation where you are paying for your own insurance, it is a good idea to take a few minutes to consider other options for your health insurance needs.

If you have some health problems, or if you are taking a lot of medications, it may be a good idea to pay more for the insurance you have until Medicare starts. But a lot of healthy Americans age 63 and 64 can save money on their health insurance premium with short term health insurance. People rightly complain about the high cost of health insurance, but it is often because they are unaware of available options. Short term medical insurance plans are full major medical plans that have to be approved by the department of insurance as full insurance benefits. So these plans are less expensive, but they will cover the major things like hospitalization, emergency room, and surgery the same as the more expensive insurance. The only thing that you do not get with short term medical insurance is co payments for doctor visits and prescription drugs, and it also does not cover preventive care benefits. Oh, and the premium is a lot lower so that's a difference too.

These plans are great for certain people in certain situations. If you are healthy and paying for your own health insurance premium at age 63 or 64, consider researching short term health insurance plans for your needs. You can go to any doctor or hospital and any new illness or injury will be covered subject to a deductible and coinsurance. You can get quotes and information in minutes online. If you pay with a credit card, you can get your cards emailed to you instantly and your coverage can start by midnight of the night you complete the application. If you pay for your premium in a single payment for multiple months of coverage, then you can save even more.

Again, while these plans are not for everyone in every situation, they are available to help bridge a gap in coverage until you are eligible for Medicare on the first day of the month that you turn 65. If you know anyone struggling to pay their health insurance premiums tell them that there are solutions to help them get the coverage they need with short term health insurance.

[ad_2]

Source by Brian W. Thacker

Related Posts

Pet Hamster Care - Are You Up to the Challenge?

Essential Eye Health Foods For Better Eyesight

[ad_1] In many ways the saying by Hippocrates is true today: "Let thy food be thy medicine and let thy medicine be thy food." This principle can be applied to…

Read more
Dwarf Hamster Care - A Pocket Pet For You?

What Are the Serving Sizes on Keurig Coffee Makers?

[ad_1] While different models of Keurig coffee makers will have different options for cup sizes, they all have one thing in common–the buttons you press to brew a cup of…

Read more
Dwarf Hamster Care - A Pocket Pet For You?

Singing Tips and Techniques – Drop Your Adam’s Apple and Extend Your High Singing Range

[ad_1] The “Adam’s Apple” is the container of the vocal cords. When we swallow it moves up to the top of the throat in order to help keep food or…

Read more
Dwarf Hamster Health and Breeding Tips

The Advantages and Disadvantages of Being Wealthy and Successful

[ad_1] As far as I know, almost everyone wants to become wealthy and successful. Being wealthy and successful allows you to lead a comfortable life, buy anything you want to…

Read more
Dwarf Hamster Health and Breeding Tips

9 Obstacles That Keep You From Achieving Your Goals

[ad_1] While you may have spent a lot of time working on your goals for the next year, there are plenty of things that are going to get in your…

Read more
Dwarf Hamster Care - A Pocket Pet For You?

Prostate Massage – How Much is Enough? How Much is Too Much?

[ad_1] Prostate massage is without a doubt one of the most powerful tools for healing a sick and painful prostate. It's not because of the massage itself. It is because…

Read more

Leave a Reply

Your email address will not be published. Required fields are marked *

Thabet