When is the Right Time for Health Insurance Plans for Seniors?
Knowing When to Buy Can Save You Money
As Medicare coverage slowly dwindles for most Americans, it is becoming more and more important for soon-to-be-retirees to consider purchasing long-term health insurance plans for seniors. These plans are necessary for filling in the gaps for the medical services, tests and prescriptions that Medicare refuses to pay for.
Of course, supplemental insurance plans can be expensive, especially when you consider that a retiree's income is significantly less than what they were previously making while employed. Because of this, knowing when the right time to purchase a policy is will help keep your costs to a minimum.
Buy Insurance Early and Save
Insurance companies take certain factors into consideration when determining how much a policy is going to cost someone. These factors often include the applicant's age and his or her current state of health. When it comes to health insurance costs the greater the risk, the higher the premium prices. For these reasons, purchasing your policy prior to age 60 can provide you with a better chance at being approved for coverage and keeping your premiums manageable.
Why is Age Important When Buying Health Insurance in NC?
Insurance companies want to keep their risks to a minimum, so by purchasing your long-term health insurance policy before you turn 60 years old, you are not only going to be a policy holder over a longer period of time, but you'll be in better health at the time of your application and both of these factors will help you keep your costs down.
If you wait until you are older to purchase health insurance, your health may not be as good or you may have had recent health issues that could make it difficult for you to qualify for a senior health plan. If you are currently over 62 years old and you don't currently have a long-term health insurance policy, all is not lost. You may still be able to qualify for coverage, but you can expect your premiums to be somewhat higher than if you would have sought coverage at 60 or younger.
Be Prepared – Purchase Senior Health Insurance in NC
When you enter your 60s and retire, you will no longer be covered by your employer's health care plan. If you do not prepare and purchase a long-term health care plan before you retire, you could be placing your family and your finances at unnecessary risk. All it takes is one major illness or hospital stay to eradicate your savings. Remember, Medicare does not cover what it used to – protect yourself and save money by purchasing long-term health care coverage before you turn 60.
Choosing the Right Coverage Plan for You
Schnitzer-Slate Insurance has several customizable long-term health insurance plans for seniors. Our experienced agents will help you choose the best coverage for your needs so it fits your lifestyle and budget.
If you want to learn more about our senior health care plans for retirees, or any of our other health, dental or life insurance plans, just visit our website at http://healthplannc.com/ or call us at 910-392-7020. We'll be more than happy to assist you in finding a quality supplemental insurance plan so you won't have to worry about your future medical needs not being covered by Medicare.
Knowing When to Buy Can Save You Money
As Medicare coverage slowly dwindles for most Americans, it is becoming more and more important for soon-to-be-retirees to consider purchasing long-term health insurance plans for seniors. These plans are necessary for filling in the gaps for the medical services, tests and prescriptions that Medicare refuses to pay for.
Of course, supplemental insurance plans can be expensive, especially when you consider that a retiree's income is significantly less than what they were previously making while employed. Because of this, knowing when the right time to purchase a policy is will help keep your costs to a minimum.
Buy Insurance Early and Save
Insurance companies take certain factors into consideration when determining how much a policy is going to cost someone. These factors often include the applicant's age and his or her current state of health. When it comes to health insurance costs the greater the risk, the higher the premium prices. For these reasons, purchasing your policy prior to age 60 can provide you with a better chance at being approved for coverage and keeping your premiums manageable.
Why is Age Important When Buying Health Insurance in NC?
Insurance companies want to keep their risks to a minimum, so by purchasing your long-term health insurance policy before you turn 60 years old, you are not only going to be a policy holder over a longer period of time, but you'll be in better health at the time of your application and both of these factors will help you keep your costs down.
If you wait until you are older to purchase health insurance, your health may not be as good or you may have had recent health issues that could make it difficult for you to qualify for a senior health plan. If you are currently over 62 years old and you don't currently have a long-term health insurance policy, all is not lost. You may still be able to qualify for coverage, but you can expect your premiums to be somewhat higher than if you would have sought coverage at 60 or younger.
Be Prepared – Purchase Senior Health Insurance in NC
When you enter your 60s and retire, you will no longer be covered by your employer's health care plan. If you do not prepare and purchase a long-term health care plan before you retire, you could be placing your family and your finances at unnecessary risk. All it takes is one major illness or hospital stay to eradicate your savings. Remember, Medicare does not cover what it used to – protect yourself and save money by purchasing long-term health care coverage before you turn 60.
Choosing the Right Coverage Plan for You
Schnitzer-Slate Insurance has several customizable long-term health insurance plans for seniors. Our experienced agents will help you choose the best coverage for your needs so it fits your lifestyle and budget.
If you want to learn more about our senior health care plans for retirees, or any of our other health, dental or life insurance plans, just visit our website at http://healthplannc.com/ or call us at 910-392-7020. We'll be more than happy to assist you in finding a quality supplemental insurance plan so you won't have to worry about your future medical needs not being covered by Medicare.