The AARP is America’s oldest and largest organization devoted to the care of senior citizens. It was formed in 1926 as a professional association of members of the National Council on Aging. In 2020, the AARP did away with its National Council of Aging and then merged its efforts with another organization, the American Association of Retired Persons (AARP).
The AARP, like all of America’s large, national organizations, serves as an important liaison between employers and employees. In this regard, its AARP Medicare Advantage program serves as a valuable forum for informing seniors about their benefits.
The Medicare program was established by Congress as part of the Social Security Act. Its purpose is to provide coverage for beneficiaries who are unable to work due to illness or disability.
Although Medicare is sometimes called “Medigap” insurance, the Medicare program is not a type of insurance, but rather a benefit designed to supplement existing medical coverage. The supplement plans include both Medicare Part A and Part B.
Prescription drugs are not part of the Medicare program, nor are dental, vision, or hearing aids. Unlike private insurance plans, which require beneficiaries to pay an individual premium, Medicare requires beneficiaries to pay a set monthly premium for a health plan that covers a broad range of medical services. Beneficiaries pay no premiums if they have private insurance.
There are two types of AARP Medicare Advantage plans/ Visit http://www.comparemedicareadvantageplans.org: Parts A and B. Part A consists of a standard prescription drug benefit; Part B includes all other benefits. Beneficiaries can choose from a number of Part A plans to suit their needs.
The AARP Medicare Advantage program is a combination of a number of different products. It offers a very comprehensive benefit package that meets the requirements of Part A and Part B of the program. It also includes most of the benefits of private insurance policies, such as emergency hospitalization, emergency physician visits, doctor’s office visits, doctor’s prescriptions, laboratory tests, rehabilitation services, dental and vision care, and mental health and addiction treatment.
The AARP Medicare Advantage plan features no-copay procedures for hospitals and physicians. Beneficiaries pay only the Part B premium. If they choose to go with a Part C plan, they pay a copayment on the Part C services.
The policy also covers care provided by the following primary care physicians: family doctors, internists, pediatricians, and dermatologists. It includes nursing home services and qualified physical therapy. The policy also covers some dental procedures.
Coverage is limited to a set amount each month. When the Medicare budget reaches a specific amount, beneficiaries will be automatically re-enrolled in the program. To extend coverage, beneficiaries must make regular payments into a special AARP savings account.
However, there are some limitations to the policy. For example, the policy does not cover dependent children under the age of 18. It does not cover skilled nursing facilities, nursing homes, respite care, medical and rehabilitative equipment, and hospice services.
According to AARP, seniors should be well aware of all the benefits offered through the Medicare program before choosing a plan. Therefore, it is important to understand the information contained in a letter from the AARP. It contains important details about the various plans, eligibility requirements, and fees.