AARP is a long established organization that works to ensure a better quality-of-life for all Americans aged 50 and above. AARP provides a number of benefits for its members. Currently, they’ve got more than 38 million members.
One of the benefits that the AARP offers is health and medicare supplemental insurance plans. This can help reduce the cost of hospitalization and medicines. While the AARP isn’t an insurance company, it endorses certain insurance plans for older people provided by recognized names in the health insurance industry.
AARP Health and Medicare Insurance
There are different levels of cover you can choose. The higher the premium, the more comprehensive the coverage. You can also choose to pay high deductibles to keep premiums low.
Premier Plans: These are like regular health insurance policies that provide more comprehensive cover. These plans generally cover 80% of usual health care expenses, like prescription drugs, preventive care, doctor visits, and hospitalization. You have to pay the deductible before the insurance will cover the remaining cost.
Health Plans with High Deductibles: These plans are compatible with Health Saving Accounts. You pay a low premium, but for all claims you’ll have to pay a high deductible. You can opt for these plans if you’re healthy and seldom pay a visit to the doctor. You can also choose this plan if you’re self-employed to take advantage of tax benefits associated with a HSA.
Preventative Care and Hospitalization Plans: These plans cost the least in premiums, but you need to pay most expenses by yourself. You pay for doctor visits and prescription drugs, even within the network. These plans only cover hospitalization and outpatient procedures.
Advantages of AARP Health Insurance
– AARP is lenient about certain common medical conditions. With AARP, you’re more likely get affordable cover even with health conditions like high cholesterol or hypertension. When going through your medical history, AARP looks at the records for the past five years. So, if you’ve had a serious problem like a heart attack seven years ago, but are now fully recovered, this won’t affect your policy
– All AARP plans provide an annual physical, a prostate examination for men, a mammogram and gynecological exam for women
– AARP members can buy insurance for their dependents. This is especially useful in case there’s no employer sponsored family cover
AARP Medicare Supplemental Insurance
These plans help cover some medical expenses that aren’t covered under medicare.
– AARP approves 99.94 percent of the applications they receive. It only rejects patients with chronic kidney disease
– AARP does not charge premiums based on age
– It uses community rating
– You pay the same premium regardless of your age, health, or gender
– This may translate into higher premiums when you’re younger. However, it works to your advantage as you grow older
– The premiums don’t increase with age
– AARP provides 24/7 toll-free customer service
Long Term Care Insurance
AARP Long Term Care Insurance can help reduce the cost of long term nursing care or residing in assisted-living facilities. AARP guaranties that premiums of these covers will remain unchanged for five years. You can call AARP Customer Service when you need in deciding the level of cover you should purchase.
AARP endorsed insurance plans can help you get health cover at competitive prices. AARP is a powerful organization with a collective voice that can influence policy decisions. So, insurance companies who provide covers for AARP members take care to provide quality coverage and service.
There are companies that work on collecting and maintaining credit information of consumers. These are known as credit reporting agencies (CRAs). There are three such major CRAs in the country, namely Equifax, Experian, and TransUnion. Apart from these, there are other smaller-scale agencies too that specialize at the job. If you’re worried about “where to get my credit score?,” the larger CRAs are the most reliable bets.
These major CRAs obtain information from companies that you hold business and transactions with. People or companies that lend you money regularly report to these CRAs on your repaying status. There is also detailed information on the amount you are indebted and whether you have ever defaulted on your payments. Aside from the reports obtained from lenders, these companies also tally your general records based on certain other aspects. Some of these aspects are your public records from the local and state judiciary. These include your tax records and bankruptcy information. This information makes up an important chunk of your credit score and its report.
Equifax
Present in 24 countries, Equifax is an agency that offers consumers protection against identity theft and credit fraudulence. They also sell credit reports and credit monitoring assistance to businesses.
Experian
Experian started off in London and is now a trusted agency in 39 different countries. It provides you with a credit score, credit report, and even credit tracker on subscription. The agency uses FICO 8 system of credit score calculation. Experian was a part of Forbes’ “World’s Most Innovative Companies” in 2018.
TransUnion
Based across 30 countries with a database of over 1 billion consumers, TransUnion is another CRA giant. The agency, like the other ones, will provide you with your credit score and your credit reports. In case you decide to freeze your TransUnion credit report, it will also go the extra mile to notify Equifax and Experian, which frankly is a big help especially in case of identity theft and credit fraud.
So, the next time you are sat wondering “where to get my credit score?,” think of these three giants that provide you with an annual credit score and credit report for free once each year. However, if you are looking for more frequent updates, you can subscribe to their services and receive your monthly updates.
Did you know that you have more than a single credit score? Agencies calculate your credit score based on the data in your credit reports. If you are wondering, “where to get my credit score?,” there are three main credit reporting agencies. These can have different credit scores for you if your information on each of their credit reports is different. Also, these agencies charge a fee to reveal your credit score.
Recently, it has become easier to track and get hold of your credit score without paying any fees. You can get it from your credit card company, your loan provider, and even from a non-profit counselor. Here are a few tips you can use to check your score.