Are you one of 4 million people over the age of 65 that smoke and want to stop? Or do you want to help an older loved one stop smoking? Try a new resource from the National Institutes of Health Quitting Smoking for Older Adults. It offers videos, worksheets, interactive features, strategies, quizzes, and more for older smokers who want to or are thinking of quitting.
The incentives to stop smoking are many from saving on everyday expenses, to lower rates on life insurance and Medicare supplement plans. But the best incentive is a longer and healthier life.
Beyond your health, there can be financial benefits as well. First, you can reduce a major expenditure out of your budget. For many older adults reducing their budget to live on a fixed income is essential.
The costs of insurance can go down when you are no longer a smoker. Smokers pay more for insurance and that includes life insurance and Medicare supplement insurance plans. While you will need to demonstrate that you have stopped smoking for a period of time (depends on the insurance company’s underwriting questions), being a non-smoker can save you money on insurance. Some life insurance companies will even offer an incentive to smokers to quit: you’ll pay a lower rate than a smoker if you quit and stay a non-smoker for a certain number of years.
The incentives to stop smoking are many. Living a longer and healthier life tops the list. The NIH resource can be a good start.