Health care represents one major expense for older Americans, but that’s why insurance providers like AffordableONE Insurance offer Florida Medicare supplemental insurance.
Winter Park, Florida (PRWEB) November 12, 2011
The team at AffordableONE Insurance knows that many people dream of moving to Florida when it comes time for them to retire. The favorable climate and abundance of senior living communities makes the state an ideal location for retirees. Many people spend years saving for their retirement by contributing to 401k plans. However, the cost of living may exceed that which individuals originally anticipated. Health care represents one major expense for older Americans, but that’s why insurance providers like AffordableONE Insurance offer Florida Medicare supplemental insurance in order to cover the medical costs that the government’s Medicare program does not.
Seniors over the age of 65 have the unique opportunity to enroll in the federally funded Medicare program, which helps them save on health care costs that often increase as individuals age. However, Medicare generally only covers about 80 percent of medical costs, which means that retirees will have to draw upon their savings, pension or fixed income to pay for these expenses unless they obtain some type of Medicare supplement Florida seniors need.
A few other ways that seniors can save money during retirement include:
- Join a senior living community. The housing association will likely take care of some outdoor home and lawn maintenance, which can mean time and money savings for homeowners.
- Downsize to one vehicle. Many married couples each have their own car, but during retirement, driving often becomes less frequent. Sharing one family vehicle can cut down on gas, car loan and insurance costs.
- Take advantage of senior discounts. Whether at a restaurant, retail shop or insurance agency, chances are that businesses offer some type of senior discount.
Changes in the cost of living can sometimes be unpredictable, but there are always ways through which older Americans can save money here and there. Simple things like Florida Medicare supplemental insurance can help individuals save thousands so that they can spend more time thinking about all the things they want to do during their retirement and less time worrying about finances.
About AfffordableONE Insurance:
AffordableONE Insurance is a full service, independent Florida insurance agency. Although the agency is located in Winter Park, FL its agents are fully capable of writing policies throughout the entire state of Florida. With a concentration in health-related insurance coverage and financial services; AffordableONE firmly believes in treating its clients with respect and unparalleled customer service. The agency has worked hard to build a trusted community of customers and carriers and welcomes you to join them and learn about their extensive book of Florida insurance options.