Access to quality healthcare is an important issue for all Americans, but especially for seniors facing rising healthcare costs. In fact, for most seniors, the days when it was easy to pay for medical expenses are gone. Rising healthcare costs are a fact of life and figuring out how to pay for medical expenses is often difficult.

With these rising healthcare costs, many seniors have difficulty coping due to their limited financial resources. Very often the choice is to pay for medical expenses or basic necessities such as food and heat.

The good news is that M&T’s Reverse Mortgage Program offers a way for seniors homeowners, age 62 or older, to pay for medical expenses and maintain their quality of life – all while staying in their home.

M&T’s Reverse Mortgage Program may be able to help you or a loved one pay for medical expenses and overcome rising healthcare costs by obtaining extra cash for: 

• Annual Medicare or private insurance deductibles
• HMO co-payments for doctor visits
• Prescription drug costs
• In-home caregivers
• Physical rehabilitation
• Durable medical equipment not covered by Medicare
• Medical supplies
• Any other medical expense

To learn more about how a reverse mortgage can help alleviate the cost of medical expenses, contact M&T today.