Senior Health Insurance

Senior Health Insurance Plan Section


 

Senior Health Insurance Plan Navigation


|

Senior Living Home Page
Partners
Tell A Friend about us
Senior Health Insurance Quote |
Annual Travel Insurance For Senior Citizens |
Holiday Senior Citizen Travel Insurance |
California Senior Health Insurance |
Canadian Insurance Medical Senior Travel |
Travel Insurance For Senior |
Senior Dental Insurance |
Car Insurance Senior |
Us Senior Citizens Dental Insurance |
Minnesota Senior Federation Health Insurance |
Senior Life Insurance Quote |
Health Insurance For Senior |
Insurance Life Senior Settlement |
Cheap Senior Health Insurance |
Senior Citizen Travel Insurance |

List of Senior-Insurance Articles
List of Senior-Insurance Links


Senior Health Insurance Plan Best seller

Buy it Now!



Social bookmarking
You like it? Share it!
socialize it

Newsletter

Subscribe to our newsletter AND receive our exclusive Special Report on Senior-Insurance
Email:
First Name:



Main Senior Health Insurance Plan sponsors

Senior Health Insurance Plan
 

Latest Senior Health Insurance Plan link added

...

Submit your link on Senior Health Insurance Plan!



 

Welcome to Senior Health Insurance

 

Senior Health Insurance Plan Article

Thumbnail example

This is a selection made from among articles on Senior Health Insurance Plan. For a permanent link to this article, or to bookmark it for future reading, click here.

Supplemental Health Insurance for Seniors

from:

Because of the state of affairs caused by government dependence to take care of our senior citizens and lack of new sources of funding for these programs, it is now often necessary to provide supplemental health insurance for seniors. Itís a fact of life that, as we age, our bodies begin to break down, and long term medication is necessary, as well as more frequent visits to the doctor. While a portion of this is covered by Medicare, the left over cost is still too high for individuals living on a fixed income from Social Security, which will run out one day as well. Supplemental health insurance for seniors can help cover these costs, and though these plans are often not provided for low premiums, the rates are often a blessing compared to the cost of some of the medications required.

How does supplemental health insurance for seniors work? Because it is supplemental, the primary coverage will kick in first. Typically, this is Medicare. Then, if perhaps another form of insurance is carried, this policy will be utilized to further reduce out of pocket expense. Often, however, there is no individual in the household covered by a group policy. In either case, the next step is to apply the supplemental health insurance for seniors to the remainder of the bill. Depending on the policy, a secondary insurance will often pay anywhere from 50-80% of the balance remaining. While this may not seem like much when you figure in your premium, the thing to consider is that the medication often costs hundreds of dollars and may not be covered at all by Medicare, depending on the diagnosis, prescription, and how long the drug has been on the market.

Supplemental health insurance for seniors may also cover additional doctor visits above and beyond the allowance of whatever Medicare policy is held by the insured. In many instances, seniors must see specialists for particular problems, and while Medicare may not cover such a necessity, most supplemental health insurance for seniors policies will. Always read the policy carefully prior to signing the acceptance of the policy, and guarantee in writing that the coverage is what it claims to be.

In many cases, it may seem like an extreme expense, but the additional coverage provided by one of these policies is worth the premiums charged. Starting early at a lower price may save some pocket money later on as the monthly cost rises with age. However, a policy that costs one hundred dollars per month as opposed to prescription and doctorís costs of over one thousand dollars is definitely worth the expense.




 

Senior Health Insurance Plan News

No relevant info was found on this topic.