Don’t worry if you are part of the “sandwich generation” which means both taking care of children and aging parents, you are not alone. A difficult part of caring for a senior citizen is to know when to step in and actually help without depriving your parent of the dignity of handling their own affairs. There is no guideline or rule on this. The best approach is to stay in constant communication and when you hear your senior citizen express frustration with an aspect of their lives, offer to “help out” by simply “organizing” that part of their affairs.
If ever there is a frustrating aspect of their lives, like it or not, it is Medicare and the concern for how much of the senior’s medical needs will be covered in the event he or she needs medical coverage. It is simply inevitable that all senior citizens will need medical care from time to time and most senior citizens need it on a frequently basis. Understanding how Medicare works is as important as knowing what you as the primary caregiver must do to make sure your senior is well covered.
It is an open secret that Medicare does not cover every medical issue that might occur in a senior citizen’s life. You are aware of that because of the abundance of commercials on television for Medicare supplement programs that are out there to provide the extra financial support when a senior needs medical care that exceeds what Medicare will provide. Just like with all forms of insurance, the differences between the good Medicare supplement suppliers and the crooks are hard to distinguish. There is one decision you and your senior parent or grandparent will have to work out together and that is the choice of a Medicare supplement program.
Like all insurance decisions, every choice is a little bit like gambling. If you decide to go for a very basic coverage or to go with no additional Medicare supplement help at all, you are betting that the senior will not face a medical situation that might become a financial stress once the Medicare help runs out. On the other hand, if you buy Medicare supplement insurance that covers every part of the Medicare plan and furthermore provides coverage for every possible contingency, the premiums may be far more than your senior can – or is willing to – afford.
The key concept to making a good decision is to mitigate that risk and find a plan that locates you somewhere between those two options. It is now required to make use of the same common sense that you have always employed of asking for references, talking to other seniors about what plans work for them and working with your existing insurance agencies that you trust for guidelines. In fact, it is probably the common sense you learned from your now elderly parent when you were a child. It seems appropriate now to use that acquired judgment they gave you to find the best Medicare supplement help for their needs during this important time of mom or dad’s life.