Frequently Asked Questions (FAQs)
Will my doctor take my new plan?
Yes, as long as your doctor or hospital accepts Medicare, they will accept your Medicare supplement, no matter what medicare supplement company you have.
My other plan costs more...isn't it better?
Today, Medicare supplement plans are standardized. This means if they have the same letter (F, G, etc); then they must offer the same basic benefits.
Will my premiums increase?
Most likely yes. Medicare (Part A and Part B) change their co-pays and deductibles each year. Premiums for your plan are dictated by those changes and the claims from the prior year of ALL the people who have the same company and plan as you have (likely 10,000+ people). The claims of the prior year have the most impact.
What's the best Medicare plan?
It depends. Each clients situation is different. Premiums also vary from state to state. In some states Plan F makes the most sense. In other states, Plan G might be better.
We are big fans of Plan G, but we first review the rates of all the plans in your zip code before we make a recommendation.
If the plans are the same, why are the cost different?
Several factors can influence the pricing of plans. Below are a few that impact what you pay:
- Large Marketing Budgets
- Less Strict Enrollment Questions
- Tiered Level Premiums
- The claims of the plan from the prior year
What is the most popular Medicare plan?
Plan F is the most popular Medicare supplement plan today. We are not big fans of Plan F. We find that there is a better overall value plan available. Learn More
Can I get a policy with a pre-existing condition?
It depends on your situation when you are applying. If you are just starting Medicare Part B, your pre-existing condition will not impact your application.
If you have been on Medicare for more than 6 months, you will likely have to answer health questions. That may or may not impact your application. Contact us to find out.
You could be subject to Guaranteed Issue Rights. These rights can allow you to enroll in another Medicare supplement plan with no health questions.
Lastly, you could be in a state that allows you to make a plan change on your birthday. Again contact us to find out.
Why work with My Medigap Consultant?
We take our role as your consultant seriously. We want to make sure you have the best plan for your situation. There are other benefits to working with us if you would like to read about them.