Old age makes most people susceptible to greater health risks and that is enough reason to find health insurance that works for you. Perhaps that is a factor that even the American Association of Retired Persons too never forgot when they created health products and services aimed at the elderly. No matter where you live, AARP has plan options for most kinds of health requirements. Broadly there are four categories in which you can hope to find health insurance- Essential Premier Health Insurance, Essential Plus Health Insurance, Essential Health Insurance and a range of hospital indemnity plans.
The Essential Premier Health Insurance line of plans consists of three distinct kinds of insurance options. All three represent the major medical variety of health insurance. The first is the Premier option. Plans in this category work well for people looking for prescription drug coverage. One can have immense flexibility considering the freedom to switch between in- network and out- network medical services with changing requirements. Additionally there are three deductible options of $1500, $2500 and $5000. Next comes the preventive and hospital care plans. While offering coverage for a wide range of hospital services, these plans also provide members with the advantage of affordability. You can opt for either $1250 or $3000 as your deductible amount. The third variety comprises high deductible plans that one can combine with Health Savings Account. Though deductibles are as high as $3000 and $5000 in this segment, these plans are excellent if you’re looking to save on taxes.
Essential Plus Health Insurance, unlike Essential Premier Health Insurance, has nothing do with major medical coverage. This plan has special considerations as far as hospital services go. In fact, when you choose to avail services stated as covered under the plan, you will be entitled to enjoy special rates. The organization gets into a special understanding with providers where the latter agree to fixed rates than flexible ones. In terms of services too, Essential Plus Health Insurance seems to be rather elastic. As a member, one need not limit oneself to in- network specialists only.
The Essential Health Insurance plan is AARP’s answer to the world of traditional indemnity options. This health coverage option was created by AARP with constant assistance from United HealthCare. Like the Essential Plus Health Insurance plan, this one too offers fixed rates to its members as far as covered hospital services are concerned. Additionally get several medical products at a discount through various networks within AARP.
The Hospital Indemnity Insurance category has plans that offer supplement to coverage for hospital services. There are nine plans in all from which you can select the one that suits you the best both in terms of payments and benefits. While Plan RD charges the least per month, its rate being $13, plan RL is the most expensive, its charges being more than $46 in a single month.