Short Term Health Insurance Blog
Wednesday, May 16, 2012
- 15
Oct
2010 -
Short Term Health Insurance Provides Policyholders a Bridge to Medicare Eligibility
Filed Under: Blogging
Medicare is an extremely valuable resource for U.S. citizens on fixed incomes. These people often have significant medical expenses. In fact, these expenses are often so significant that they exceed these citizens' monthly incomes. Things like frequent doctor's visits, hospitalizations, and prescription medication can get very expensive very quickly. Medicare helps offset those costs.
However, not all citizens can take advantage of Medicare's benefits. One must be 65 years old in order to qualify for this program. So if you are not that age, you cannot receive benefits even if you are in a difficult financial situation. Recent immigrants who are 65 also may not immediately be able to collect benefits.
For these people, short term health insurance makes perfect sense. It allows these citizens to get high quality healthcare at an affordable rate. The prescriptions, doctor's visits, and hospitalizations that can be covered by Medicare can also be covered by short term policies, and they are available to both recent immigrants and long-time citizens. And there is no age restriction for opting in! These plans offer people of all ages the flexibility to get affordable care prior to Medicare eligibility.