What's the Cost of AARP's Supplemental Health Insurance?

Supplemental health insurance is a type of insurance that covers expenses that your regular health insurance may not cover. AARP, the American Association of Retired Persons, offers a variety of supplemental health insurance plans to its members. In this article, we'll take a closer look at the cost of AARP's supplemental health insurance and what it covers.

The Cost of AARP's Supplemental Health Insurance

AARP offers three different types of supplemental health insurance plans: hospital indemnity, medical expense, and critical illness. The cost of these plans varies depending on the plan you choose, your age, and your overall health.

Hospital Indemnity Plan: This plan pays a set amount of money for each day you are hospitalized. The amount paid depends on the plan you choose, and can range from $100 to $600 per day. The cost of this plan starts at $20 per month for members between the ages of 50 and 64.

Medical Expense Plan: This plan covers expenses that your regular health insurance may not cover, such as deductibles, copayments, and coinsurance. The cost of this plan starts at $17 per month for members between the ages of 50 and 64.

Critical Illness Plan: This plan pays a lump sum of money if you are diagnosed with a critical illness, such as cancer, heart attack, or stroke. The cost of this plan varies depending on your age and the amount of coverage you choose.

It's important to note that these prices are subject to change and may vary depending on where you live. It's best to contact AARP directly to get a personalized quote.

What AARP's Supplemental Health Insurance Covers

AARP's supplemental health insurance plans are designed to help cover expenses that your regular health insurance may not cover. Here's a breakdown of what each plan covers:

Hospital Indemnity Plan: This plan pays a set amount of money for each day you are hospitalized. The money can be used for any expenses you may have, such as medical bills, rent, or mortgage payments.

Medical Expense Plan: This plan covers expenses that your regular health insurance may not cover, such as deductibles, copayments, and coinsurance. It also covers expenses such as ambulance services, chiropractic care, and hearing aids.

Critical Illness Plan: This plan pays a lump sum of money if you are diagnosed with a critical illness, such as cancer, heart attack, or stroke. The money can be used for any expenses you may have, such as medical bills, rent, or mortgage payments.

Tips for Choosing the Right Supplemental Health Insurance Plan

When choosing a supplemental health insurance plan, it's important to consider your individual needs and budget. Here are some tips to help you choose the right plan:

1. Evaluate your current health insurance coverage: Before choosing a supplemental health insurance plan, evaluate your current health insurance coverage to see what expenses your plan does not cover.

2. Consider your budget: Supplemental health insurance plans can be expensive, so it's important to consider your budget when choosing a plan.

3. Think about your health history: If you have a history of health problems, you may want to consider a more comprehensive plan that covers a wider range of expenses.

4. Compare plans: It's important to compare different plans to find the one that best fits your needs and budget.

Final Thoughts

Supplemental health insurance can be a valuable addition to your overall insurance coverage. AARP offers a variety of plans to its members, each with its own set of benefits and costs. When choosing a plan, it's important to consider your individual needs and budget. By doing so, you can find the right plan to help cover expenses that your regular health insurance may not cover.