When you’re eligible for Medicare, you can save a lot of money by considering all of your choices. With Medicare Supplement Insurance (Medigap Insurance), you may never have to pay for Medicare’s big Part A deductible, or the smaller out-of-pocket costs that can add up quickly.
To enroll in a Medigap Insurance Plan, you must be age 65 or older and have Medicare Parts A and B. Many people under age 65 also have the chance to sign up for a Medigap Plan, but different states handle that in their own way.  Open enrollment is an important time because you can sign up for a Medigap Plan with no pre-existing health condition restrictions. You cannot be denied coverage due to health problems then.
This open enrollment period lasts for 6 months when you first become eligible for Medicare. If you do not apply during your open enrollment period, you application will be subject to an approval process called “underwriting.”  An insurance company may put an exclusion on pre-existing health conditions if you enroll later.
You can learn more about Medigap Plans here on our website. And, it’s easy to request instant quotes to see what’s available in your state and what the prices are running. If you have any questions, our friendly experts can get you the answers you need to take the confusion out of Medicare.

Wiley Long is founder and president of Medigap Advisors, and is passionate about helping people navigate the confusing waters of Medicare. He is the author of The Medicare Playbook: Designing Your Successful Health Coverage Strategy, a clear and simple explanation so you can make the most of your Medicare coverage.