If your retirement is looming, you want to learn all about AARP health insurance, or at least as much about it as you can. As you get older, health begins to become a bigger priority in your life. As you are probably already aware, health insurance is not a very easy subject to understand. For many Americans, health care is covered through their employer along with a host of other benefits. The situation may start to get a little more complex after retirement, however. Whether or not an individual has been offered a retirement plan that includes benefits, the benefits that do come with this situation are often much different than the benefits received during employment. Also, many individuals don't have the luxury of a structured retirement plan. After all, many people are contractors, freelancers or small business owners, and they are left on their own in a sense. Also, Medicare doesn't start until an individual reaches the age of 65, and many retirees haven't reached that age. Fortunately, AARP can help those who are confused about their health care, post retirement.
One thing to note, right off the bat, is that AARP itself does not offer health insurance. They do, however, utilize a highly trusted network of health care insurance companies. After a health insurance company gets through the AARP vetting process, AARP informs its members of the best company for them. This is especially useful for those who are retired, but ineligible for Medicare because of their age. Because AARP can help you find the right health insurance for your situation, it is important to be as knowledgeable about your situation as possible. As you look at individual plans, ask yourself how much of your regular hospital and doctor bills will be covered by each plan. Consider the price of monthly premiums, as well as deductible costs. How much will you need to pay for regular doctor visits or check ups? Does the plan in question cover things like vaccines, flu shots and other preventative health measures? Do you already have a serious disease or condition, and if so, will the plan allow for your ongoing care? What kinds of services are covered by the plan? Does it cover emergency care, surgeries, home health care, ambulance usage and specialized equipment such as MRIs? Does the plan include vision and dental care? What about unexpected, catastrophic events? Does it cover the cost of prescription drugs? Is there an out of pocket annual limit on costs? Are there providers in your area that accept this particular plan? Do you have a spouse, and if you do, will this plan help cover his or her medical costs?
As you can see, there are many questions to ask yourself as you look over the list of recommended AARP health insurance plans. You will want to give serious consideration to all of them.
If you thought that there were a lot of things to consider in the search for adequate health care, you have only really skimmed the surface. For as many different health care companies as there are, there are just as many health care plans. You'll need to give serious consideration as to which plan is best for you. For example, there is the "fee for service" insurance, also known as indemnity insurance. With this plan, every single medical expense you accrue is paid for in part by the insurance company. You pay for the rest of the expense. These plans are convenient because you can go to any provider, doctor or health care service you choose. The downside is that you will still foot a major portion of the bill. There are also "managed care" plans, which are growing increasingly popular. In this scenario, each insurance company has a network of doctors, hospitals and providers that you can visit. As long as your health needs are taken care of within the network, most of the medical bill will be paid. You will typically need to pay copayment, but the fee is usually quite negligible and small. If you belong to a union or trade network, you might be eligible for an association based health care plan. Many organizations offer their members a group rate on standardized health care plans, so you might want to ask a member association of any groups you might belong to if they offer health care plans.