As seniors age and near retirement, they should consider the best health insurance plans that will meet their future needs. Medicare, the government plan for those age 65 and above, offers significant coverage but doesn’t provide coverage for such things as prescription, dental, and vision care. That’s where private insurance plans come in to fill the gaps.
Insurance experts have reviewed and identified what they believe are the best plans for different situations.
Each of the various plans has its pros and cons and may require additional expense in terms of premiums, copays, deductibles, and out-of-pocket maximums.
Here are the top-rated plans for situations seniors and retirees experience:
- Best Overall (with the cheapest cost and good benefits): Original Medicare
- Best for Low-Income Individuals: Medicaid
- Best Medicare Advantage (covers drugs, dental, vision): Kaiser Permanente
- Best Medicare Supplement (covers hospital copays and deductibles): AARP/UnitedHealthcare
- Best Prescription Drug Coverage: Humana
- Best for Seniors Under 65 (and not near Medicare): Blue Cross Blue Shield
- Best Short-Term Coverage (after retirement and close to Medicare): UnitedHealthcare
Council of Seniors Wants to Help You with Health Expenses
Extra income can take the sting out of unexpected healthcare costs. That’s just one reason why here at Council of Seniors, we’re committed to getting Congress to pass The SAVE Benefits Act. We need this bill to make up for insufficient Social Security cost-of-living adjustments (COLAs) that haven’t kept up with inflation. Once passed, eligible seniors will be reimbursed the $581 that should have been paid all along.
Signing our petition is the first thing you can do to help. Working together, we can show Washington politicians this bill should be a top priority
We’d love for you to connect with us on Facebook and Twitter!