AARP Medicare Advantage plan is an insurance cover offered by private companies to cover health services included under original Medicare. You have to understand that original Medicare is covered by the federal government and offers hospital insurance under Part A and medical insurance under Part B. In addition to original cover, it is useful to get your insurance from private entities under Part C that is Medicare Advantage plans.

A Medicare Advantage plan, usually referred to as Part C, offers alternative ways to receive Medicare benefits. These plans, typically known as HMOs and PPOs, are regulated by Medicare but are run by private insurance companies, AARP in this case. AARP Medicare Advantage plan offers benefits from Part A and Part B of original Medicare plans with extra benefits such as prescription drug coverage.

The American Association of Retired Persons, commonly known as AARP, is a nonprofit, nonpartisan organization founded to address the needs of elderly people in the country. As we know, Original Medicare, comprising Part A and Part B, covers healthcare costs only to an extent. To cover your costs further, you may need AARP Medicare Supplement plans.

Medicare is the need of the hour. But parts A and B do not necessarily cover all aspects of healthcare and they definitely do not pay all costs. This is the reason why you need to get a supplement plan, which is also known as Medigap. The AARP (American Association of Retired Persons) Medicare supplement plan is one such supplementary insurance that is backed by UnitedHealthcare.

Disabilities restrict one’s ability to work, and at times, this happens much before retirement. The condition thus takes a toll on one’s physical, emotional, and financial states. Fortunately, the Social Security Disability Insurance program provides benefits for these cases. However, to be eligible for the SSDI, there are multiple criteria that need to be met.

All kinds of insurance policies hold equivalent importance, and the most suitable one depends upon an individual’s needs. Over recent years, the one type of life insurance that a growing number of people are seriously considering is final expense life insurance. To put simply, this kind of insurance is designed and limited to covering funeral expenses and does not carry any other additional benefits.

Disability insurance is a type of insurance which covers for a person’s income when they suffer from a long-term illness or injury, making them unable to work. A recent survey by Social Security Administration revealed that around 25% of people in the country face the risk of becoming disabled and being unable to work before reaching their late 60s.

We all strive to build a financial safety net to protect ourselves and our loved ones against the unknown. Life and health insurance are the most strong pillars in a financial plan. However, most people often forget the fact that the ability to earn an income is a great asset and this remains pivotal when considering building a secure future.