FMCA health insurance vs AARP?

janstey58 wrote:
I have not checked into others, but FMCA quoted me a nice rate in the $500-600/month range for a married couple near 60, non-smokers.

Gosh, I just saw this and I think today is the deadline for getting insurance in January. Edit: I looked at the calendar wrong. The deadline isn't for another week--December 15.

FMCA's plan is NOT health insurance--it's an indemnity plan, and they are not the same, even though people selling indemnity plans make them sound like insurance. The plans do provide health benefits, but not the same way major medical insurance does.

That's why it would cost $600/month for two 60-year-olds. There's a reason it's so much cheaper than any other plan you can find.

A tipoff might be that someone with the FMCA plan still had to pay the penalty for not having ACA-compliant insurance (before the penalty was eliminated).

Indemnity plans do have a place in this world, but it's not the place most people assume, and it's definitely not the place for someone who wants broad coverage for health issues.

Escapees also offers an indemnity plan, and they similarly don't go out of their way to explain the difference between what they're offering and major medical insurance. I think both organizations should be ashamed of themselves for selling indemnity plans in this way, knowing that fulltime RVers in particular have issues finding plans that will cover them while they travel.

I hope you did a LOT more research into what an indemnity plan is before you signed up, if you were trying to do it for next year. Edit--it's not too late to sign up for real health insurance for next year, which gives you time to thoroughly research what an indemnity plan is, and decide if it will work for you.