How to Choose Medicare Supplement Plans

In most states, you can apply for Medicare supplement plans anytime you want. However, you will be required to answer some health questions about yourself and any medications you’re taking. If you’re not satisfied with your coverage, you can cancel it within 90 days and get another one. There are some exceptions to this rule: in California, Oregon, Connecticut, and Washington. There are also rules regarding the time period you can change your Medicare supplement plan.

When choosing a Medicare supplement plan, make sure you check its coverage limits. The deductible on this type of plan is usually lower than that of Original Medicare. However, it is important to remember that there may be some out-of-pocket expenses if you want to use the supplement plan. Also, think about your health history and what it might mean for your family in the future. Certain conditions are hereditary. So, before deciding on a Medicare supplement plan, consider your health status, your current conditions, and your family history.

The premium for a Medicare supplement policy depends on the age of the policyholder. For instance, if you’re a couple, you should choose Plan F. This plan covers all gaps except the Part B deductible. If you’re single, it’s best to buy a separate policy for your spouse. In the case of Plan G, the premiums are higher than for Plan F. But if your spouse is still working, then consider a letter plan. A letter plan can be zero to low out-of-pocket expenses.