Health Insurance for Parents in their 60s

[aem 0]

My in-laws live in South Africa and are in their early 60's, nearing retirement. The last of their children will be moving to the states (my sister in law) sometime next year. We would very much like to bring them over here to live near us.

Can anyone provide me with additional information about health insurance? This is our biggest concern at this point. I think that they would have enough saved up and coming in from their South African pensions to pay for a small house or condo here. We would be able to assist with some things, of course, but not all.

My concerns are (1) will they even qualify for health insurance when they would first come over (is there a waiting period) and that (2) the cost of the insurance would be exorbatant.

Any advice is much appreciated. I am certainly open to hearing any other suggestions not necessarily related to health insurance, as well, from anyone who has been in this situation before.

Thank you.

Edited November 26, 2007 by aem

[Kez/JWolf 6]

I have looked into this for my parents who I will be filling for once I have become a citizen... they will not have entitlement to medicare so you will have to find insurance for them.... it is very expensive for anyone over 65, here in MA it will cost them $370.00 each per month for basic coverage or for a more sutible plan it will be $482.00 per month each...

In my mind this is the bigest expence they will face because they could end up paying that for a very very long time..... if they were to live to be 85 years old and they went for the cheapest insurance and not taking into account any increase in the monthly costs, they would need to be able to pay $88,800.00 so not something you can just hope you can cover you need to know that you/they CAN cover it...

Kez

[Boiler 43,632]

My concerns are (1) will they even qualify for health insurance when they would first come over (is there a waiting period) and that (2) the cost of the insurance would be exorbatant.

Very much a State issue, see if there are any State arrangements that they could link into, in my State there are none, but you may be luckier.

I would have thought you woud need to allow for $1,000 a month at least, assuming they are in good health, and it will only go up. The insurance premium is just the start, what's not covered is just as important.

As for the future, anybodys guess, but that goes for the rest of the population as well.

[simple_male 1]

My in-laws live in South Africa and are in their early 60's, nearing retirement. The last of their children will be moving to the states (my sister in law) sometime next year. We would very much like to bring them over here to live near us.

Can anyone provide me with additional information about health insurance? This is our biggest concern at this point. I think that they would have enough saved up and coming in from their South African pensions to pay for a small house or condo here. We would be able to assist with some things, of course, but not all.

My concerns are (1) will they even qualify for health insurance when they would first come over (is there a waiting period) and that (2) the cost of the insurance would be exorbatant.

Any advice is much appreciated. I am certainly open to hearing any other suggestions not necessarily related to health insurance, as well, from anyone who has been in this situation before.

Thank you.

Yes, it is hard to find a health insurance for them at this age. Try to find clinics who treat people at a cheap rate. Right now, Massachusetts is the only state which has a law for every MA citizen to have health insurance.