Choosing AARP Long-Term Care & Supplemental Health Insurance

AARP Long-Term Care Insurance and Supplemental Health Insurance are two types of health insurance offered by the AARP. These insurance options are the most frequently used policies. Both long-term care insurance and supplemental health care insurance have their own range of options that allow AARP members to customize their policy to best suit their needs.

How AARP Health Insurance Policies Work

The insurance policies that AARP offers are financed and managed by private insurance providers. The AARP sells the policies and makes sure that they are not harmful to the insurer. The AARP will also try to get lower rates and more favorable conditions for its members.

The AARP has a number of resources that help their members avoid common mistakes. They also assist their members to find the policy that best suits their needs.

Long-Term Care Insurance

Long-term care insurance covers long term care costs for AARP members. AARP members should get it they are suffering from accident, illness or a chronic condition that makes it hard for them to handle basic day-to-day tasks such as getting out of bed, getting dressed, making meals and using the bathroom without assistance. The long-term care insurance will cover the costs of services and medical supplies necessary to ensure that the policyholders would be able to live reasonably comfortable lives. Long-term care comes in many forms, which include:

  • Home and/or community care - if an AARP member chooses to stay at home, long term care insurance will help to pay the costs of hiring and training caregivers. Depending on the condition of the member, the policy may also cover the costs of medical monitoring equipment, physical therapy and nurse services.
  • Care in assisted living facilities - assisted living strikes a balance between independent living and nursing homes. Residents live in apartment complexes that have on-sight staff that is available to take care of their medical needs should the need arise. The long-term care insurance covers any expenses the policyholder has while living in an assisted living facility. It will also cover the costs of the kind of care that can be provided in home and community settings if the policyholder needs it.
  • Care In a Nursing Home - covers medical services and other expenses resulting from a stay at a nursing home. 

Supplemental Health Insurance

Supplemental health insurance helps AARP members cover health care costs that Medicare does not cover. This can include everything from extended hospital stay to expensive medical procedures. If the policyholder uses Medicare to cover his or her long-term care costs, the supplemental health insurance policy will help them with that as well. 

Like Medicare, supplemental health insurance policies are split into two tiers - Type A and Time B. Each tier has a number of policies, each with its own rates and time frames. Policy details vary depending on location, so AARP members should look up the policies based on their state and municipality of residence. AARP maintains a database that lets them narrow down the options.

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