Turning 65 this year? Learn the Basics of Medigap

If your turning 65 this year, you’ll need to shop for supplemental insurance (Medigap). Typically, comparing one insurance policy to another is a nightmare. Except for Medigap policies, no two policies are the same. There's always some wrinkle, big or small, that's different. So, shopping around to compare prices is almost impossible.

That's advantage number one of Medigap. In nearly all states, almost all the companies that sell a particular Medigap plan offer exactly the same benefits, bells and whistles as every other company that offers that plan.

Don't be surprised, but the fact is you have the U.S. Congress to thank for that: Many years ago, Congress standardized and simplified Medigap policies. So today, you have a menu of 10 different plans to choose from, starting with Plan A, which is the bare bones, all the way up through Plan N, which is top of the line.

Two other advantages …

Advantage #2. In all states, there is an open enrollment period that lasts for six months. It begins on the first day of the month in which you meet these two simple requirements: You are 65 or older. And you’re enrolled in Medicare Part B.

During this open enrollment period, the insurer cannot deny you coverage for any reason. Not even for pre-existing conditions.

(Some insurers might, however, charge you a higher premium for the pre-existing condition or other health and lifestyle factors.)

Advantage #3. Once you purchase a policy, Medigap policies are guaranteed renewable. An insurance company cannot refuse to renew your policy.

The only exceptions: They can cancel or refuse to renew if you’ve made material misrepresentations on your application. Or, if you don’t pay the premiums. Needless to say, be sure to avoid both situations.

The Easiest Way to Find the Best Medigap Insurance for You:

To save you the hassle and stress of doing all the research yourself, we’ve created a very simple way for you to find the perfect Medicare Supplement plan for your needs.

It’s our customized Medigap Guide to choosing the best, and most affordable, Medicare supplement insurance. Simply enter your age, sex, and zip code, and in minutes, your easy-to-read custom guide will answer all your questions about Medigap insurance, demystifying and simplifying it for you, so you can make confident decisions that make sense for your needs.

And since we don’t sell insurance or partner with insurance providers—and never will—we give you a comprehensive list of all available providers, and the premiums they’re charging. We also have no problem telling you the unvarnished truth about what to look for (and look out for), when deciding on a provider… As well as naming names of the providers to avoid.

There’s no reason you or anyone in your life has to fall victim to the games insurance providers play.
If you or a loved one are even thinking about purchasing Medicare supplement insurance this year, it’s critical you get a copy of this customized guide.

Click here to get yours today.