- Thread starter Buzzard
- Start date
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Contradiction in Gov push for US Retirees:Can't get health insurance after age 64
That is a very good question and a good observation of yours to point this out.
Even when you already have insurance, make sure you have a plan that can be renewed after you turn 65 and find out how much it will cost you so you can plan ahead if you are near that age.
Even when you already have insurance, make sure you have a plan that can be renewed after you turn 65 and find out how much it will cost you so you can plan ahead if you are near that age.
If anyone was wondering, this was in this week's DR1 Travel News:
DR reaches out to US senior travelers
The Ministry of Tourism has announced the signing of a partnership agreement with the AARP to promote the Dominican Republic as a perfect choice for 50+ travelers.
The advertising partnership with the leading United States retiree organization is a strategic effort to create interest and awareness of Dominican Republic's must-visit destinations among the fastest-growing United States leisure traveler demographic.
The campaign, which actually began in August 2013 and will run through the end of the year, is designed to target travelers over the age of 50 and highlights one of the country's best-kept secrets, Puerto Plata. The Ministry says that the campaign consists of a series of banner and online advertisements that highlight the range of activities and attractions that makes each region a must-visit destination. The ads also provide a first look at the new Dominican Republic marketing campaign.
"The campaign is a supplement to our current advertising campaign and additional initiatives, all of which work in harmony to build awareness of each distinct destination," said Magaly Toribio, Marketing Advisor for the Dominican Republic Ministry of Tourism. "We worked with Puerto Plata's hoteliers and AARP to create offers for travelers of this age group in an attempt to further promote the vast array of tourism offerings that are available on the country's North Coast."
AARP already lists the Dominican Republic as one of their best places to retire outside of the United States. According to a recent survey by the AARP, "Baby Boomers," also known as Americans aged 49 - 67, make up 80% of the leisure travel market in the US and this number is only expected to grow with people between the ages of 50 and 75 making up to 40% of US adult consumers by 2015. This age group differs from previous generations in that they consider travel a necessity, not a luxury. According to a 2010 survey by Travel Marketing Decisions, this group is an especially attractive target for destination marketing because:
* Boomers have traveled more than their predecessors
* Boomers like and refuse to go without "creature comforts"
* Boomers want to have fun
* Boomers are not time-deprived
* Boomers will pay for luxury, expertise and convenience
AARP - Health, Travel Deals, Baby Boomers, Election News, Over 50, Online Games, Retirement Plan
Best Places to Retire Abroad, Dominican Republic, Ecuador, Honduras, U... - AARP
My wife and are are both over 65 and we have medical insurnace in the DR.
Where you over 64 when you first applied for the insurance?
If so, please share the name of the company. I've spoken to two brokers, both of whom told me of the 65 age cutoff for NEW policies.
The push is for TRAVELERS.. not RESIDENTS.. there are no Retirement homes.. no real assisted living places. geared to the US market The Residence Senior Living
So travel insurance is all they would need
As far as I know, Universal is the only policy which offers insurance to seniors without a requalifying physical at age 70 and yes, you have to buy it before age.. 66, I think.
So travel insurance is all they would need
As far as I know, Universal is the only policy which offers insurance to seniors without a requalifying physical at age 70 and yes, you have to buy it before age.. 66, I think.
The push is for TRAVELERS.. not RESIDENTS.. there are no Retirement homes.. no real assisted living places. geared to the US market The Residence Senior Living
So travel insurance is all they would need
As far as I know, Universal is the only policy which offers insurance to seniors without a requalifying physical at age 70 and yes, you have to buy it before age.. 66, I think.
I think you are right! It cannot be retirement! Travelling is ok!
Evidenly one has to be careful.. find an insurance agent and have them call the insurance company because there are several insurance companies that say that they will cover seniors but then ...when my agent called them.. they said that they have a clause that says that they re evaluate at the age of 70 and may chose to drop the client. He said that only Universal did not have this policy.... but things may have changed.
If you are an American you are better off staying with Medicare and going back for care. If I had serious health problems I would not live in the DR. The idea of refusing health insurance to people over 65 in the DR is another example of the pure profit motive and the governments complete lack of even the slightest effort to look out for the welfare of its citizens. An absolute disgrace that goes against the very reasons people have governments in the first place. If this were the only example of the Dominican governments failure it would be shameful but its just one of many. The faces change but little else. With the health insurance circumstance alone the DR is not a good choice for a retirement destination.
Is it possible to take the insurance so to speak in advance ? That is: I take the insurance at the age of say 63, pay it regularly, but live abroad. Then I would have the insurance when I retire to DR at for instance 66. At least the basic insurance seems to be cheap enough for that. But would the company do it or even know about the real situation ?
Is it possible to take the insurance so to speak in advance ? That is: I take the insurance at the age of say 63, pay it regularly, but live abroad. Then I would have the insurance when I retire to DR at for instance 66. At least the basic insurance seems to be cheap enough for that. But would the company do it or even know about the real situation ?
I could not see how the company would object.. after all you will be paying claims but not making any withdrawals.. In fact this is a good plan since the insurance here has a life time cap on it of about 5 million pesos.. which is a great deal of medical care..
considering the cost of care here.
As I approach 65, I am receiving a lot of information about Medicare. I know that I will be covered for hospitalization without having to pay a premium.
If I cannot get insurance in the DR, can someone give an idea of what is charged there for such things as a regular physical or a mammogram?
If I cannot get insurance in the DR, can someone give an idea of what is charged there for such things as a regular physical or a mammogram?
This is a very interesting conversation. I have actually met "medical tourists" coming to the DR to have specific procedures done and convalesce before travelling back home. Apparently they think that there are some pretty good doctors and dentists practicing in the Republic and at lower cost than elsewhere.
I think they need to first, take care of the crime issue before inviting people to retire here. Otherwise, why would GRINGOS come here and risk their lives?
We (gringos) came here 8 years ago and have found the crime situation no worse than that of the good old USA.
By using common sense, living properly and using discretion regarding those gringos or Dominicans with whom one associates helps to avoid the "crime" that is frequently reported.
My wife and I havee Humano and applied for it after we were 65. I pay 500 USD a year for full coverage. Last year I spent the night in the hospital, Saw a heart specialist and had round the clock care. The cost out of pocket was 80 pesos.
well you have to be well enoough to get on a plane to the US, get a doctor, get admitted, etc... you could well be dead in an emergency..Why not the opposite? Pay for medicare in the USA and it is only 3 hours away if needed. Or mayhaps you are not from the USA. I donno.
Der Fish
Timing is everthing!
Well, No Place, you are one lucky guy. Neither Humano or any other insurer will currently write a policy if you are over 64.
Perhaps you could share the name of the broker. They may be able to help.
My wife and I havee Humano and applied for it after we were 65. I pay 500 USD a year for full coverage. Last year I spent the night in the hospital, Saw a heart specialist and had round the clock care. The cost out of pocket was 80 pesos.
Well, No Place, you are one lucky guy. Neither Humano or any other insurer will currently write a policy if you are over 64.
Perhaps you could share the name of the broker. They may be able to help.