How to Find Supplemental Health Insurance for Aging Parents

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If your parents are aging and are in need of supplemental health insurance (such as Medigap coverage or nursing home insurance), follow the steps below to find the best policy for them.

Method 1 of 3: Consider Supplemental Options Through the Current Provider

Many insurance plans offer supplemental plans for elderly policyholders that cover relevant services for aging individuals. Such plans typically include medication and pharmacy benefits, coverage for common illnesses affecting the elderly, and additional office visits. Separate nursing home insurance plans are also available for elderly individuals and can be purchased by their children.
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    Ask if the government insurer offers supplemental insurance policies. If your parents are using Medicare or another government-funded health insurance plan, different plan options may be available to offer additional coverage or to fill gaps left by the basic plan.
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    Review supplemental policies from private insurers. In the United States, many private health insurers offer “Medigap” coverage that is tailored to fill in gaps in Medicare coverage.
    • These often offer pharmaceutical benefits and reduced co-pays or coinsurance requirements for medical care.
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    Ask about eligibility requirements. Some supplemental policies require that your parents already hold a primary policy with the company, while others will have health or coinsurance requirements.
    • If your parents are eligible based on initial requirements, ask what paperwork or documentation will be required to complete the enrollment process.

Method 2 of 3: Search for Supplemental Insurance Policies Online

Numerous websites exist to help find affordable supplemental health insurance policies that meet the specific or foreseeable needs of your aging parents. In many cases, you can simply enter your parents’ general information and review a range of options for which they are likely eligible. This will allow you to select based on policy premium, benefits and coverage, coinsurance and co-pays, provider network, and current health requirements.
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    Use a specialty supplemental health plan website. Some websites are specifically designed to search and locate supplemental health insurance plans.
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    Search Medigap Insurance websites. Many websites that track insurance plan options have entire sections that detail the types of supplemental insurance plans that are available for aging adults who receive Medicare benefits and wish to purchase prescription drug coverage or other benefits.
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    Search senior club websites. Organizations such as AARP and AMAC offer supplemental insurance plans as well as a host of information on benefits for seniors. These sites are useful for learning objectively about available supplemental health insurance plans for aging individuals.
If you have specific concerns for your aging parents’ health that are not covered in Medigap or other supplemental health plans, consider purchasing private plans for specific circumstances. Options include nursing home insurance, dental or vision coverage, extended hospitalization or therapeutic coverage, and many other tailored options.
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    Consider a nursing home or extended care supplemental health plan. Nursing homes and long-term care facilities can cost thousands of dollars every month.
    • If your aging parents need to spend time in a nursing or skilled care facility, nursing home insurance can cover the bills without the need for your parents to “spend down” until they are eligible for Medicaid to cover nursing care costs.
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    Consider supplemental plans for specific health conditions. If your parents have chronic health problems, such as diabetes or heart disease, supplemental plans are available.
    • Sometimes termed “critical illness” plans, these offer disease-specific coverage beyond basic benefits covered by the primary health insurance plan.


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