Enrolled in Medicare Advantage? You may be able to switch to a Medicare supplement Of course you can switch to a Medicare supplement if you are in your Annual Election Period and can pass underwriting requirements. But what about when you are enrolled in a plan mid-year and would like to switch? This article will detail when you can switch ...

Slightly higher out-of-pocket costs result in lower premiums for Plans M and N Buying a Medicare supplement with a lower premium is often a trade off between adequate coverage and price. In June of 2010 Medigap policies were re-tooled and two new plans, Medicare supplement Plans M and N, were introduced. These plans are designed for people who are willing ...

Should you consider switching Medicare supplement plans? The majority of people who purchase a Medicare supplement policy stick with it and endure the pain of premium increases. You may find yourself in a similar situation, where you are generally happy with your coverage but not happy that the premiums continue to rise. There is also a small percentage of people ...

If you have Medigap guaranteed issue rights you can’t be denied coverage due to pre-existing conditions The best time to buy a Medigap policy is during your Open Enrollment Period which begins on the first day you are both 65 and enrolled in Medicare Part B. Your Open Enrollment Period lasts for 6 months. But what if you didn’t enroll ...

Don’t confuse Medigap open enrollment with Medicare Advantage open enrollment Whether you are interested in buying a Medigap policy or enrolling in a Medicare Advantage plan there is a time to do it. It’s in your best interests to understand the differences between the enrollment periods and when you can enroll. Missing the Medigap open enrollment period could mean a ...

Thinking of Medigap but unsure of the costs? If you are eligible or soon to be eligible for Medicare you have some tough decisions to make. Namely, what type of Medicare plan should you enroll in. Your options include insuring with Medicare only (or adding Part D), enrolling in a Medicare Advantage plan or purchasing a Medigap insurance policy. Recommendations ...

Will 2020 be the beginning of Medicare Supplement Plan F  premium increases? If you’re wondering what will happen to Medicare Supplement Plan F rates after 2020 you’re not alone. More people have Plan F than any other Medigap policy. It’s been popular for a reason. It’s currently the most comprehensive Medicare supplement on the market and most insurance companies sell ...