50 + Empty Nester—The over 50+ insurance market is challenging for a couple reasons. One is that health insurance rates go up with age.  And two health insurance rates can go up based on pre-existing health conditions.

We’ve found that there are three main schools of thought.  Which one describes your situation? 

1. My spouse and I are in good health, we don’t need prescriptions, and we just want something affordable until we get on Medicare.  If this is you Value Blue PPO from Blue Cross offers the most coverage for the least amount of money. 
2. My spouse and I are in good health but we’d like to learn about the HSA’s because we’d like to build a little nest egg and we need the tax write off.
3. My spouse and I have high prescription drug costs and we need something to cover these.  If this is you the only option with a prescription card is IC Blue from Blue Cross Blue Shield, however it only pays $2500 of prescription cost per year, and it runs around $1000 per month.  Your best option is to use COBRA if you have it available.  If COBRA isn’t an option, you may want to get a FLEX Blue HSA and pay for your drugs tax-free. 

The most popular insurance products for the over 50 market are the Value Blue plan from Blue Cross or various HSA plans.  The over 50 group likes these plans because they are basic major medical plans with low premiums. 

To get your custom Blue Cross Insurance Rates and Quotes Click Here.

To see what other insurance companies offer click here.