The majority of Americans 65 and older make time for trips and vacations, according to a Gallup poll. That’s more than any other age group in the country. This might be partly because many Americans in this age group are now retired and have more freedom to travel. But traveling for seniors has it’s difficulties, especially if they are on Medicare.
An original Medicare plan doesn’t cover medical expenses out of the country. And while it might not seem to be too great of a problem, especially if you lead a healthy lifestyle, opening yourself up to such a huge financial risk could have a devastating effect on your life should something happen while you are overseas.
Road Trip
If you are the driving sort, a road trip is a great way to see the country. In an RV you can travel the whole country over without ever once risking losing your Medicare coverage. America is home to some truly wonderful sites: the Grand Canyon, Mount Rushmore, Old Faithful; but most of the true beauty our country has to offer happens on the ground, in little towns and giant fields.
Insular Areas
Did you have your heart set on a tropical island somewhere far off, surrounded by blue-green waters and white sand beaches? Then you should consider a trip to one of the United States Insular areas.
An insular area is a territory of the United States that is neither a state nor the District of Columbia. The most famous of these areas is Puerto Rico, but others include Guam, The Northern Mariana Islands, The U.S. Virgin Islands, and American Samoa.
These destinations allow you to get a taste for the exotic without ever risking being uncovered by your insurance plan.
Medigap
While America has many wonders, sometimes you can’t replace the thousands of years of history and culture in the “Old World.” Whether you are craving a gelato from a café in Verona or a trip down the beautiful canals of Bangkok, you should not give up on the chance to explore the world.
The easiest way to rectify this would be to find a Medicare supplement insurance program, or Medigap plans (C, D, F, G, M, and N). These Medicare supplement programs will offer up to $50,000 in emergency foreign travel coverage over the course of a lifetime.
No matter where you might be going, it’s important to make sure you are covered when you travel. Don’t let your insurance keep you from exploring the world.
Talk to one of our experts at Bankers Fidelity today if you would like further information on what would be the best Medicare supplement for you.
