If you have already started a Medigap policy and want another one it is tough to do if the policy period has started. The rules are very strict in this instance but it is possible to change Medigap policies after starting. Guaranteed rights will possibly give you the option to change your Medigap policy and it is also possible if you are in the 6 month Medigap open enrollment period.
Checking your state’s guidelines for this type of thing is recommended as Medigap policies aren’t the same in each state. Comparing the options available to you needs to be done before you switch policies so that you won’t want to immediately switch again. It is next to impossible to pull another switch after having already completed one, keep that in mind.
If you are switching from an old Medigap policy to a new one you should pay attention to a few things. Some of your coverage options may be gone as 1992 was the beginning of guaranteed issue rights. If you stay with an older policy you may be paying more in premiums as the newer policies don’t cost as much.
Related Articles
No user responded in this post
Leave A Reply
Please Note: Comment moderation maybe active so there is no need to resubmit your comments