When Can I Make Medicare Changes?

: Posted by: Doug Benson

This is one of the most common questions we receive. When can I change my supplement, my drug plan, my advantage plan, etc. So here are the rules:

When can I change my Medicare Supplement?

Any time you want. That’s right. You could change Medicare Supplement Insurance every month if you wanted to. Realistically, you should review your rates every year, and you will probably find that you will want to change your Medicare Supplement company about once every three-four years to save money. To change to another Medicare Supplement Provider you will need to answer several health questions. Click here to see a list of common questions.

When can I change my Medigap Plan?

See Above. A Medigap Plan is just another name for a Medicare Supplement Plan. They are identical. They are synonyms. The reason for the confusion is the word “gap” which is also used to describe the gap (donut hole) in coverage in the prescription plan. Medicare also uses the two terms interchangeably which adds to the confusion.

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Medicare Advantage, Medicare Supplements, Medigap Plans: No Comments:

Medicare Supplement vs. Medicare Advantage

: Posted by: Doug Benson

There are many things to consider when deciding whether to go with a traditional Medicare Supplement (Medigap) Plan or a Medicare Advantage plan. I was not sure I wanted to try and create this comparison document, but I believe the infomation below will help you get an overview of these two Healthcare Options. Again, I want to stress that deciding between these two options is a very important decision. You should meet with an experience Medicare Supplement Agent to discuss your specific circumstances. So, on to the comparison… >>> Read the rest …

Medicare Supplements, New To Medicare: 10 Comments: