| Private health insurance for senior citizens is very hard | | | | to pay out for each age group and take all these |
| to come by. As you get older, it becomes more | | | | things into consideration when pricing policies. |
| prevalent that commercial insurance companies don't | | | | Pre-Existing Conditions are Not Insurable. |
| want to cover older Americans. Since the creation of | | | | If you have a pre-existing condition like diabetes or high |
| Medicare, there is no incentive to cover senior citizens | | | | blood pressure, it is most of the time not insurable. May |
| because most buy into the Medicare system any way. | | | | be with the new health care reform this will change. |
| Even though this may be true, there are still some | | | | However, what does a pre-existing condition tell an |
| older Americans who need to buy private health | | | | insurance company? It tells them that you may not do |
| insurance. So let's take a look at some of the main | | | | a good job in taking care of yourself or you have bad |
| reasons why getting insurance for them can be | | | | eating habits. So why insure someone who could have |
| difficult. | | | | possibly prevented such conditions by not drinking, not |
| Your Age Is a Dominant Factor. | | | | smoking, and not overeating. This may not be fair but |
| There are a number of reasons why senior citizens | | | | insurance companies are in the business of making |
| can't get health coverage. For starters, a lot of health | | | | money for their investors. |
| insurance companies look at your age. When people | | | | Affordability May Be A Problem. |
| start getting over the age of 50, they are prone to | | | | The last thing that you will find is that many times, |
| have more illnesses, they see the doctor more often, | | | | senior citizens can't afford the insurance. Even if they |
| and they might have more hospital stays. So the risks | | | | find a company willing to insure them, many are retired |
| of insuring an older person far outweigh the benefits. | | | | and are on a limited income. The cost of premiums |
| We all age so why is this such an important factor? | | | | alone can eat up any retirement check or pension |
| The Cost Of Insuring An Older Person Is High. | | | | income. Many have to choose between insurance or |
| Due to the fact that the elderly are prone to so many | | | | keeping a roof over their heads. |
| conditions and will need so much care, there are many | | | | Getting health insurance for senior citizens is still a big |
| companies who consider them to be a big risk. The | | | | problem for many. Many have never paid into the |
| average hospital stay of a person over the age of 50 | | | | social security system and are not eligible for medicare |
| is longer than some one in their 20's and 30's. Younger | | | | and private insurance is way too expensive. Hopefully, |
| people heal and recover a lot quicker then older adults | | | | the new health care reform will address many of |
| so their cost per treatment is less. Insurance | | | | these issues otherwise what options do these seniors |
| companies know approximately how much they have | | | | have. |