Here Are Some Options for Baby Boomers Concerned With Health Insurance
Health insurance is a big concern for everyone but even more so for people in the baby boomer generation.
Those born between 1946 and 1964 make up about 26% of the population.
Even though they control about $1 trillion in disposable income, they are not getting a break from the health insurance companies.
This is because by the time they reach middle age, most of them have been diagnosed with at least one chronic medical problem and insurance companies are not fond of pre-existing conditions.
This can make finding affordable health insurance a challenge for people in this age bracket if they don't already have it.
If they are not outright denied insurance because of a pre-existing condition, then they will face waiting periods and even higher premiums.
This can put an undue burden on people who are facing retirement where they have to live on fixed incomes.
One way to avoid this is to put in the time and effort it takes to find affordable insurance.
The best place to start is with an online health insurance quoting website.
You will be able to shop the insurance rates at several companies at the same time to see who has the best price for what you need.
Another place where you can look for affordable insurance is through any associations you may be a part of.
For example, a very popular association offers both major medical and supplemental health plans for people ages 50 and over.
Sometimes you can get insurance from them at a much lower premiums than you would get at other health insurance providers.
Triple A is another association that offers discounted insurance.
You may also want to look into community organizations, such as your church, that may offer discount insurance through a specialized program.
You would be surprised at who you can get coverage through these days.
Baby boomers can expect to have to pay some money towards their medical bills.
Therefore it is a good idea to begin investing in a medical fund for those times when your health insurance just will not cover the bills.
If you are currently employed, talk to your employer about starting a Health Savings Account (HSA) that allows you to put pre-tax dollars into a special savings account designed for medical expenses.
Getting affordable health insurance can be a challenge when you are older.
Have patience and be persistent.
You will be able to find an acceptable policy in no time.
If you need assistance with this we can help.
Please visit our website at http://www.
health-insurance-buyer.
com and provide your contact information so we may respond to your request and answer any questions you may have.
Those born between 1946 and 1964 make up about 26% of the population.
Even though they control about $1 trillion in disposable income, they are not getting a break from the health insurance companies.
This is because by the time they reach middle age, most of them have been diagnosed with at least one chronic medical problem and insurance companies are not fond of pre-existing conditions.
This can make finding affordable health insurance a challenge for people in this age bracket if they don't already have it.
If they are not outright denied insurance because of a pre-existing condition, then they will face waiting periods and even higher premiums.
This can put an undue burden on people who are facing retirement where they have to live on fixed incomes.
One way to avoid this is to put in the time and effort it takes to find affordable insurance.
The best place to start is with an online health insurance quoting website.
You will be able to shop the insurance rates at several companies at the same time to see who has the best price for what you need.
Another place where you can look for affordable insurance is through any associations you may be a part of.
For example, a very popular association offers both major medical and supplemental health plans for people ages 50 and over.
Sometimes you can get insurance from them at a much lower premiums than you would get at other health insurance providers.
Triple A is another association that offers discounted insurance.
You may also want to look into community organizations, such as your church, that may offer discount insurance through a specialized program.
You would be surprised at who you can get coverage through these days.
Baby boomers can expect to have to pay some money towards their medical bills.
Therefore it is a good idea to begin investing in a medical fund for those times when your health insurance just will not cover the bills.
If you are currently employed, talk to your employer about starting a Health Savings Account (HSA) that allows you to put pre-tax dollars into a special savings account designed for medical expenses.
Getting affordable health insurance can be a challenge when you are older.
Have patience and be persistent.
You will be able to find an acceptable policy in no time.
If you need assistance with this we can help.
Please visit our website at http://www.
health-insurance-buyer.
com and provide your contact information so we may respond to your request and answer any questions you may have.
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