Medigap Insurance Research Paper
410 Words2 Pages
Retirement can be an exciting time. Some look forward to relaxing and living a simple life. Others may choose to open the business they’ve always dreamed of, or maybe travel the world. However, perhaps one of the most challenging and confusing aspects of retirement is enrolling in Medicare and choosing the right Medicare supplement - or Medigap insurance - for you. There are numerous plans to choose from, but one of the key factors to understanding your purchase is how your insurance will rate your Medicare supplement policy.
Community Rated Medicare Supplement Plans
Community Rated Medicare supplement plans (sometimes referred to as “No-Age-Related pricing) are based on the current policy premium price being charged to all policy holders,