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When can you enroll in a Medigap plan?
Asked by unknown
1 Answers
The best time to purchase Medicare Supplement insurance, also known as Medigap, is during your Medigap Open Enrollment Period. This period lasts six months and begins the first day of the month in which you are 65 or older and enrolled in Medicare Part B. So if you turn 65 on April 3 but dont join Medicare B until May 25, your Medigap Open Enrollme
How much is a Medigap policy?
Asked by unknown
1 Answers
The average cost for the most popular medigap policy, called Plan F, is $1,813 a year for a 65-year-old woman, according to Weiss Ratings just a little less than the$2,052 your mom is paying now. Older policyholders with richer policies generally pay more.
Can I change my Medigap policy at any time?
Asked by unknown
1 Answers
No there is not. Once your six-month open enrollment period has expired, you can change anytime. However, there's generally no reason to change unless you've had a rate increase and are shopping for a lower rate. If you are past your one-time open enrollment window, you can apply to change plans at any time of year.