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Author: pauleckler Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1498  
Subject: Re: Insurance for migrated parents Date: 5/26/2007 12:37 AM
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Hi pree2004fool. I will try to answer your questions, but others out there may have better information to add.

Insurance companies are regulated at the state levels. Their policies are similar from state to state but some states have different laws.

You will need to apply for health insurance for your parents in the state they plan to live in. You will find companies offering the insurance listed in the Yellow Pages of your phone book, or you can find them by searching in Google.

In the US, most people get their health insurance through their employer. Therefore, if your father can work, he may very well want to find a job that includes health insurance or group health insurance (the employee pays for at discount group rates).

Over age 60 and with medical problems like high blood pressure and diabetes, your parents may have trouble buying individual insurance. Or it may be very costly. (That is why employer's insurance is a better deal if your father works.) But the policy can usually be made affordable hy accepting high deductible insurance or high copay insurance. This is what you shop for at your insurance agent. The best most cost effective policy for you.

I suspect that best quality insurance for both parents might cost as much as $10K per year. But if high deductible is acceptable, the cost might drop to something like $3K per year.

If they live in Virginia or Chicago, yes their state laws will apply. Likely the rules will be similar, but there may be some special rules that apply.

For emergencies, yes, the usual procedure is to call 911 for assistance. They will transport the patient to a local emergency room, where usually they are required to treat everyone. (For illegals without green cards, some states may have some limitations, but yes, generally if it is a serious medical situation, they will help you.)

As to hospitals, ask friends, neighbors, or co-workers where you live. They will be able to tell you which hospitals have emergency rooms. They will also be able to tell you which are the better hospitals. Some people just go to the emergency room. If you go by 911, usually they will ask which hospital you want to go to if several are available.

Ask away if you have more questions.
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