Medico announces agreement with AARP
When AARP Short-Term Care Insurance from Medico launches, AARP members will have two options for how they purchase the product - directly through a dedicated program website or through a third-party call center. Details on the specific timeframe for a broader release, including independent agent distribution, will be shared in the future.
New sales of the current Medico Short-Term Recovery Care product will be discontinued prior to the launch of the new product. Existing policyholders will not be impacted.
This announcement will be sent to agents tomorrow. Look for additional information to be shared in future email communication.
Request information on Medico Insurance plans here.
Medicare Blog | Medicare News | Medicare Information
Older Americans Are Online … and Savvy
Seniors’ Technology Use Keeps Climbing: Work It, Don’t Ignore It
by Brittne Nelson Kakulla, AARP Research, January 2019
Technology is already a central part of life for older Americans, and the connection with their devices is only expected to grow. By the year 2030, nearly 132 million Americans age 50 and older will spend upwards of $84 billion a year on technology products, a new AARP survey projects.
Today, 91 percent of those age 50+ report using a computer and 94 percent say technology helps them keep in touch with friends and family. And notably, the assumption that older individuals rely less on technology than others may be increasingly inaccurate. More than 80 percent of Americans age 50 to 64 have smartphones, which is about the same as the population at large. Grandparents are also spending a considerable amount on gifts — many likely tech-focused — for their grandkids.
More than 55 million Americans age 50+ are interested in technology that can enrich their lives or make it easier. One area in which that kind of interest surfaced in the survey is in driving and cars. Nearly 1 in 4 view advanced driver assistance technology as important, according to the survey. Older Americans have a strong future purchase interest for vehicles with advanced features such as automatic parking, emergency braking, lane change detection, and collision avoidance.