Do you know anything about extra health insurance? Many people aren't. These days, most people sign up for health care insurance through their employers or buy their own plans if their employers don't offer health benefits. Even though these methods work for a lot of people, seniors should think about getting affordable extra health insurance.
Here are some of the most common questions that people have about extra health insurance for seniors.
What is extra insurance for health care?
Simply put, supplemental health insurance pays for things that your regular health insurance doesn't cover.
Why should older people think about buying extra health insurance?
Seniors don't always have a steady source of income like younger people do. If a senior's regular health insurance plan doesn't cover a lot of health care services, it might be hard for the senior to pay for the services that aren't covered. Some seniors have saved money for times like these, and some even have separate insurance policies, like life insurance, that they can use. But not all seniors have extra money set aside to cover the gap in their health insurance. For them, an affordable health insurance plan that fills in the gaps would work.
What does additional health insurance give you?
The kind of coverage that comes with an insurance plan always depends on the insurance company from which you buy the plan. A lot of plans for extra health insurance give cash benefits and pay for lost income. Some plans for extra health care insurance even cover pre-existing conditions, which are common among seniors.
Do I need health insurance on top of Medicare if I already have Medicare?
Medicare doesn't always cover long-term health care, care at home or in a nursing home, or the cost of prescription drugs, so it's a good idea for seniors to have an affordable supplemental health care insurance plan.
