If you don’t know what happened with your older adult’s medical care in the past, it can be more difficult, time consuming, or expensive to get them the best care now and in the future.
Medicare Supplement insurance is a private policy that helps you lower your out-of-pocket health costs. Learn more about how to get started here!
In the last census baby boomers, those 65+, accounted for 13% of the population. This age group grew at a faster rate than the population under age 45, and it’s clear that the US is an aging population. Happily, aging is different now than it was for our parents and grandparents. Today, there are more people living longer than at any other time in history.
There are many reasons why you may want to switch your current Medicare Supplement insurance policy. Maybe you’re paying for benefits you don’t need, or, you need more benefits now than when you first joined. Sometimes, you need to change insurance companies, or you simply want a less expensive commitment.
Are you confused and overwhelmed by Medicare??
Worried about making the wrong decision and being stuck with a plan that doesn’t cover your medical and prescription needs when you need it most?
Don’t worry! You are not alone. The vast majority of seniors who are on Medicare have absolutely no idea which type of plan they have, and what it does and does not cover.
How much you spend in retirement will be related to what you do with your time. Before retiring, give serious thought to what you will do once you are retired. If you will be on a limited budget, as most people are, you’ll want to find affordable activities that contribute to your overall well-being. If you have expensive hobbies such as golf or sailing, you’ll need to budget for those.
Part of the process in finding the best supplemental insurance for you is to understand your unique situation, evaluate which rules of Medicare apply to you, understand how Medicare works, how a Medicare Supplement plan works with your Medicare, how to get prescription drug coverage, and finally, start the actual shopping process.
Getting health coverage is one of the most important parts of aging. Often times, especially when we are in good health, we may neglect the importance of getting this coverage. However, with potential unforeseen medical expenses looming, this is a crucial time to make sure you are completely covered. Unfortunately, Medicare does not cover all of your Medical expenses at 100%.
If you’re nearing age 65, you’re probably considering your Medicare enrollment options. The standard coverage beneficiaries receive is Medicare Parts A and B, known as Original Medicare. Part A includes coverage for hospitals, skilled nursing facilities, and hospice care while Part B includes doctor visits, outpatient therapy, ambulances, and medical equipment.
Looking for a fountain of youth? I’ve long noticed that older travelers seem younger than average in their appearance, attitudes, and energy levels. Travel is an excellent way to stay young in spirit — and many senior adventurers are proclaiming, “Age matters only if you’re a cheese” as they plan their next trip (and the one after that).