Seniors 65 and over qualify for Medicare coverage, and these consumers need policies to meet all their medical and health needs. For example, with Medicare insurance, policyholders may need supplementary plans to cover additional hospital stays or prescription medications. Consulting with Medicare insurance brokers in Arizona helps you find the right insurance policies.
Healthcare and Prescription Coverage
Seniors get coverage for hospital stays, surgery, diagnostic testing, evaluations, and nursing home costs through Medicare part A. Part B pays for medical services from a primary-care physician and other outpatient medical services. In addition, the plan pays for preventative health services and medical equipment you may need.
Part D is a supplemental program that offers coverage for prescription medications. Again, talking to Medicare insurance brokers in Arizona about your coverage needs helps you get the coverage you need.
Long-Term Care and Disability Coverage
Accidents and severe health issues can emerge in your golden years, and long-term care is necessary. Insurers can provide you with long or short-term care policies to cover respite or long-term care in a nursing facility.
If you develop a disability, temporary disability insurance provides a portion of your income. If you haven’t retired, this policy helps you support yourself financially until you recover from your condition.
Purchasing Life Insurance
With life insurance, you have two primary selections. First, you can purchase whole-life or term-life policies. Whole life is a policy you continue to pay for until you either choose to cash in the policy or die. Term life insurance pays within a predetermined term, and the policy is renewable at the end of the period.
Medicare offers coverage for medical services, hospital stays, and surgical procedures. In addition, many seniors purchase supplemental plans to maximize their coverage for prescription drugs and long-term care requirements. Discussing your health and coverage needs with insurance brokers helps you make well-informed decisions about buying these policies.
