When can I change my Medicare Supplement?
When can you change Medicare supplements?
If you have a Medicare supplement right now then you can change to another Medicare supplement at any time during the year.
That’s right, you do NOT have to wait for the Annual Enrollment Period in the fall.
Should I change my Medicare Supplement?
You probably love your Medicare supplement coverage. Most people do because it’s GREAT coverage!
The top 2 reasons most people prefer Medicare supplements are:
- Flexibility to see any doctor nationwide
- Predictability of having little or no costs when you use the plan
But sometimes the monthly premium for this coverage can get expensive. Especially if you’ve had your policy for a few years.
Medicare makes it EASY to shop
That’s right, Medicare tries to make it easy for you to shop.
They make it easy by standardizing the supplements by letter. So a plan F from one company gives you the exact same coverage as a plan F from any other company.
The same principle applies whether you have a Plan G or a Plan N too.
“Each standardized Medigap policy must offer the same basic benefits, no matter which insurance company sells it.” – Choosing a Medigap Policy
Medicare Supplement Monthly Premium
Most people can lower their monthly premium just by switching their insurance company. It sounds weird that you can save money for the exact same coverage. But it’s true!
In fact, here’s what Medicare says:
“There can be big differences in the premiums that different insurance companies charge for exactly the same coverage.” – Choosing a Medigap Policy
What’s next?
So we know Medicare tries to make it easy to shop.
But I can make it even EASIER!
I’m an independent agent with access to more than 20 great companies that want to compete for your business.
I can do an immediate price comparison to see how much you can save. We can do this without reducing your Medicare supplement coverage at all.
So complete the form below or call me at 608-571-4461 for a free, no obligation comparison.
We can make sure you keep the same great coverage with another great company but for a MUCH lower monthly premium.
Medicare Mike Lovell