Learn how to spot and avoid common scams with AARP's Fraud Resource Center. Try it today!

Reply
Silver Conversationalist
0
Kudos
449
Views

Re: Medigap premiums after age 85?

449 Views
Message 11 of 13

Thanks Gail.  Yes, I understand all that.  What about Medigap poliie over age 85?

Report Inappropriate Content
0
Kudos
449
Views
Valued Social Butterfly
0
Kudos
454
Views

Re: Medigap premiums after age 85?

454 Views
Message 12 of 13

You Medigap premiums are based on the way your pokicy is rated AND the state (actually area of the state) where you live.

 

Medigap policy rating methods:

Medicare.gov - Cost of Medigap Policies

 

Medicare.gov - Medigap Rating Methods Described

 

Your premiums can also rise because of medical inflation.

 

This booklet from Medicare may also help you - at the end of the booklet is a list of phone numbers for each state's Dept of Ins. 

 

Medicare.gov - 2019 Choosing a Medigap Policy

 

Many times but not all, states (Dept of Insurance) publish the most current Medigap rate if it is based on a Community rating method or they say how the policy is rated. 

 

Some states have more lenient rules on changing policies WITHOUT underwriting.

 

This may also be helpful if you are considering a change -

Medicare.gov - Switching Medigap Policies

 

Yes, Medigap policies do get expensive - the Medicare choices are pretty simple for everybody -

 

  • Pay more in premiums in order to pay less of the medical bill

                              (traditional Medicare with a Medigap)    

                                                              OR

  • Pay less in premiums in order to pay more of the medical bill

                                        ( Medicare Advantage plan)

 

 

 

* * * * It's Always Something . . . Roseanne Roseannadanna
Report Inappropriate Content
0
Kudos
454
Views
Silver Conversationalist
0
Kudos
456
Views
12
Replies

Medigap premiums after age 85?

456 Views
Message 13 of 13

I've searched and searched on this site and google but can't find any information on Medicare Supplement insurance rates for over 85 year olds.  All of the sources I can find top out at 85 and offer very little in the way of information after that.  

 

Does anybody know if premiums remain affordable after 85 or do we basically just have to do without?

Report Inappropriate Content
0
Kudos
456
Views
12
Replies
cancel
Showing results for 
Search instead for 
Did you mean: 
Users
Announcements

Are you new to the online community? Say Hi and tell us a bit about yourself, your interests, and how we can help make this community a great experience for you!


close-up group of seniors smiling at camera

Top Authors