AARP Insurance Plans: Everything You Need to Know

When it comes to choosing insurance plans, it can be overwhelming to navigate through the options available. The American Association of Retired Persons (AARP) has been catering to the needs of seniors for over 60 years, and they offer their own insurance plans. But what are the AARP insurance plans, and are they suitable for you? In this article, we’ll be discussing everything you need to know about AARP insurance plans.

What Is AARP?

AARP is a nonprofit organization that caters to the needs of Americans over the age of 50. It offers a range of services that help seniors lead fulfilling lives, including health insurance, travel options, and retirement planning. With over 38 million members, AARP is a leading organization in advocating for the rights of seniors and ensuring their needs are met.

The Benefits of AARP Membership

Before we dive into the details of AARP insurance plans, let’s first look at the benefits of becoming an AARP member. Membership offers many advantages, including:

Benefits
Description
Discounts
Members have access to a range of discounts on travel, dining, and entertainment.
Advocacy
AARP advocates for the rights of seniors on a range of issues, including healthcare and retirement.
Education
Members have access to resources that help with financial planning, caregiving, and personal development.
Community
AARP offers opportunities for members to connect with others on social networks, through events, and in-person.

AARP Insurance Plans

AARP offers a range of insurance plans that are specifically designed to meet the needs of seniors. These include:

Medicare Supplement Insurance

Medicare Supplement Insurance, also known as Medigap, is designed to cover the gaps in Original Medicare coverage. AARP offers a range of Medigap plans that offer different levels of coverage.

There are ten different Medigap plans to choose from, each labeled with a letter from A to N. The coverage offered by each plan is standardized across all insurance companies, so the only difference is the cost. Plan F is the most comprehensive plan, while Plan A offers the least amount of coverage.

Medicare Advantage

Medicare Advantage plans are an alternative to Original Medicare. Medicare Advantage plans are offered by private insurance companies, and they cover everything that Original Medicare covers, as well as additional benefits such as prescription drug coverage and dental and vision care.

AARP offers Medicare Advantage plans through United Healthcare. These plans are available in most states, and they offer comprehensive coverage at an affordable price.

Prescription Drug Coverage

Prescription drug coverage is an important aspect of healthcare for seniors. AARP offers prescription drug coverage through its Medicare Part D plans. These plans are offered in partnership with United Healthcare and cover a range of prescription drugs, including brand-name and generic drugs.

Supplemental Health Insurance

Supplemental health insurance is designed to cover the costs that Medicare doesn’t cover. AARP offers a range of supplemental health insurance plans that cover expenses such as hospital stays, doctor’s visits, and diagnostic tests.

Long-Term Care Insurance

Long-term care insurance covers the costs of care for people who need assistance with daily living activities such as bathing, dressing, and eating. AARP offers long-term care insurance through Genworth Financial. These policies can help seniors cover the high costs of long-term care.

FAQs About AARP Insurance Plans

What are the eligibility requirements for AARP insurance plans?

To sign up for AARP insurance plans, you must be an AARP member. Membership is available to anyone over the age of 50. To join AARP, you will need to pay an annual fee of $16.

What are the benefits of AARP insurance plans?

AARP insurance plans are specifically designed to meet the needs of seniors. They offer comprehensive coverage at an affordable price, and they provide peace of mind knowing that you are covered in the event of an illness or injury.

How much do AARP insurance plans cost?

The cost of AARP insurance plans varies depending on the plan you choose and your location. AARP offers competitive rates, and they offer discounts to AARP members.

How do I enroll in an AARP insurance plan?

To enroll in an AARP insurance plan, you can visit the AARP website or call their toll-free number. You will need to provide some basic information, including your age, location, and health status.

Are AARP insurance plans available in my state?

AARP insurance plans are available in most states. You can visit the AARP website to find out if the plans are available in your state.

Conclusion

AARP insurance plans are a great option for seniors who are looking for comprehensive coverage at an affordable price. With a range of plans to choose from, AARP offers insurance options that meet the needs of seniors at every stage of life. If you’re over the age of 50 and looking for insurance coverage, consider becoming an AARP member and exploring the insurance options available to you.