AARP (American Association of Retired Persons) is a non-profit organization that provides a range of services and benefits to its members, including access to supplemental health insurance plans. AARP’s supplemental health insurance plans are designed to help cover the gaps in Medicare coverage, such as deductibles, coinsurance, and other out-of-pocket expenses.
There are several types of AARP supplemental health insurance plans available, including:
AARP Medicare Supplement Insurance Plans (also known as Medigap): AARP (American Association of Retired Persons) offers Medicare Supplement Insurance Plans, also known as Medigap, to help cover some of the out-of-pocket costs that Original Medicare (Parts A and B) doesn’t cover, such as deductibles, coinsurance, and copayments.
AARP Medicare Supplement plans are designed to work alongside Original Medicare, and you must be enrolled in Parts A and B to be eligible for a Medigap plan. There are several different Medigap plans to choose from, each with different levels of coverage. AARP offers plans A, B, C, F, G, K, L, N, and high deductible Plan F.
Each Medigap plan must follow federal and state laws that regulate what they can and cannot cover. All Medigap plans with the same letter provide the same benefits, no matter which insurance company is offering the plan. However, the cost of each plan can vary depending on the insurance company and where you live.
To enroll in an AARP Medicare Supplement plan, you can do so during your Medigap open enrollment period, which is the six-month period that starts the month you turn 65 and are enrolled in Medicare Part B. During this period, you have a guaranteed issue right, which means that you can’t be denied coverage or charged more because of pre-existing health conditions.
It’s important to compare different Medigap plans to find the one that best meets your needs and budget. A good place to start is the Medicare Plan Finder tool on the Medicare website, which allows you to compare different plans and estimate your out-of-pocket costs.
AARP Medicare Advantage Plans: AARP (American Association of Retired Persons) also offers Medicare Advantage plans in partnership with UnitedHealthcare. Medicare Advantage, also known as Medicare Part C, is an alternative to Original Medicare (Parts A and B) and provides additional benefits beyond what is covered by Medicare.
AARP Medicare Advantage plans typically offer all of the same benefits as Original Medicare, but also include additional benefits such as prescription drug coverage, dental, vision, and hearing benefits, wellness programs, and more. Some plans may also include coverage for fitness programs, transportation, and home healthcare services.
Like with any Medicare Advantage plan, there may be certain restrictions on which doctors and hospitals you can visit, so it’s important to check the plan’s network of providers before enrolling.
To enroll in an AARP Medicare Advantage plan, you must be enrolled in Medicare Parts A and B and live in the plan’s service area. You can enroll during the annual enrollment period, which runs from October 15th to December 7th each year, or during a special enrollment period if you experience certain life events.
It’s important to compare different Medicare Advantage plans to find the one that best meets your needs and budget. A good place to start is the Medicare Plan Finder tool on the Medicare website, which allows you to compare different plans and estimate your out-of-pocket costs.
AARP Prescription Drug Plans: AARP (American Association of Retired Persons) offers several prescription drug plans (PDPs) for Medicare beneficiaries. These plans are designed to help cover the cost of prescription drugs, which can be expensive for seniors and people with disabilities.
AARP MedicareRx plans are available in all 50 states and the District of Columbia. These plans are offered in partnership with UnitedHealthcare, which is one of the largest health insurers in the United States.
There are several different AARP MedicareRx plans to choose from, each with different costs, coverage levels, and formularies (lists of covered drugs). Some plans have low monthly premiums but higher deductibles and copayments, while others have higher premiums but lower out-of-pocket costs.
To enroll in an AARP MedicareRx plan, you must be enrolled in Medicare Parts A and B. You can enroll during the annual enrollment period, which runs from October 15th to December 7th each year, or during a special enrollment period if you experience certain life events.
It’s important to compare different PDPs to find the one that best meets your needs and budget. A good place to start is the Medicare Plan Finder tool on the Medicare website, which allows you to compare different plans and estimate your out-of-pocket costs.
To be eligible for AARP’s supplemental health insurance plans, you must be a member of AARP and enrolled in Medicare Parts A and B. It’s important to note that AARP is not an insurance company itself, but rather a provider of insurance plans through its partnership with UnitedHealthcare.