How to Get a Medigap Quote

May 16, 2016 by Leave a Comment

Getting a Medigap quote is a crucial part of turning 65 or going on Medicare for the first time. But, it also is a prudent idea for someone who is already on Medicare with a Medigap plan. The rates for Medigap plans change annually in most cases, and what was a good “deal” when you signed up, may not still be the most advantageous option. Since Medigap plans are Federally-standardized, in 90% of cases, you can reduce your cost for equivalent coverage.

So, just how do you go about getting a Medigap quote? It’s actually quite easy to do. One option – although not the most desirable one – is to find the names of the insurance companies offering plans in your state. These can be found on your state department of insurance website or at Medicare.gov. Then, you would call each specific company and try to obtain the rates for your age and zip code. Some companies will give their rates out by phone or publish them on their website. Others will require you to meet with or talk to an agent.

But the easiest way to get the quotes is via an independent Medigap broker. Comparing plans is easy to do since the plans are Federally-standardized. In other words, a Plan F with one company is the exact same coverage and works the same way as a Plan F with a different company. An independent broker can send a list of the plans in your area with customized quotes for your specific age, gender, and zip code. This list of plans will allow you to compare all options in a centralized place and make an informed choice about the plan that is the best overall deal from a reputable company.

If you have had your plan for more than 12 months, you have likely had a rate change to your Medigap plan. If you HAVE had a rate change, you should be able to reduce your costs for equivalent coverage. Medigap rates can vary as much as $100/month for the same coverage, and no matter your financial status, it certainly does not make sense to pay that much “extra” for the same plan.

While most independent brokers will do this via a face-to-face meeting or telephone conversation, Medigap-Quote.com believes in providing that information via email so you can compare the plans on your own time schedule, formulate your questions and/or pick a plan that is right for you. Because we are an independent brokerage, we can and do work with all the companies that offer plans in each area so that we can provide unbiased information and quotes.

Medigap-Quote.com, which is owned by Secure Medicare Solutions, has been in business for 9 years with thousands of satisfied Medigap clients from around the country. Watch the video below to see what our actual clients have to say about us:
Reviews of Secure Medicare Solutions and Medigap-Quote.com

Filed Under: Medigap Companies, Medigap Plans Tagged With: , , , , , ,

2013 Medigap Rates – How to Get the Best Rate

January 28, 2013 by Leave a Comment

Medigap rates are easily accessible online in today’s era of modern technology. In year’s past, you would have to contact multiple insurance companies to get rates for their various plans. This could take days of work with little to no way to compare the plans directly against one another. Nowadays, getting rates is a 5-minute process.

First and foremost, it is important to understand that Medigap plans are Federally-standardized. That is, each company is required to provide the exact same coverage for “like” plans. A Plan F is a Plan F, no matter what company you get it from. Also, you must understand upfront that the plans do not necessarily change rates with the calendar year. In other words, there are not 2012 vs. 2013 rates in all cases. Some companies do manage their rates that way (i.e. with the calendar year) but the great majority do not. Since there is not an annual enrollment period for Medigap plans (common misconception) and you can change plans at any time, rates can also change at any time. When your rate changes, it is a good idea to re-evaluate to make sure you are getting the best “deal” since coverage is the same.

Now, once you understand those things – that coverage is standardized and that rates can change at any time – let’s talk about how to go about getting the best possible rate. As mentioned above, you can certainly call each insurance company that does plans in your state to get rates from them. However, this is not the best use of time and certainly not the easiest way to do it. A brokerage is able to help you compare multiple plan options in a centralized place and give you unbiased recommendations based on their clients’ experiences. Some, including Medigap-Quote.com, are able to do this all via email. This is all, of course, at no cost to you – in fact, you are paying for it as part of your premiums anyway, whether you realize it or not.

We would recommend doing a comparison of the available Medigap plans on an annual basis. This gives you the ability to insure that you are not paying too much for one of the standardized plans. Changing plans is very easy to do if you find that you can save money by doing so.

If you want a chart showing quotes for your age and zip code or if you have questions about this information, please call us at 877.506.3378 or request quotes at http://medigap-quote.com/get-quotes.

Filed Under: Medigap Plans Tagged With: , , , , , , , , , ,

2013 Medicare Part D and Medigap Comparisons Now Available Online

October 1, 2012 by Leave a Comment

The 2013 Medicare annual enrollment period is almost here. This is a vitally important time for everyone who is eligible for Medicare, as it is the only time that you can change certain types of Medicare plans, including Medicare Advantage (the privatized Medicare plans that approximately 30% of people on Medicare have) and Medicare Part D Rx plans.

Medicare Part D plans run on a calendar-year contract. Each year, Medicare approves the benefits, co-pay structures, premium, deductible, etc. of the plan for the following calendar year. On or around October 1, you will get an annual notice of plan changes from your current plan – this is an important document, as it shows how your plan is changing for next year including any changes to the coverage of your specific medications. Pay close attention to this.

Even if your plan is not changing significantly, which is unlikely given the current climate of health insurance changes, it is a good idea to re-evaluate the Part D plans on an annual basis. Medicare has greatly improved over the last couple of years with relaying this comparative plan information to people on Medicare. If you are computer-savvy, it is very easy to compare the Part D plans on Medicare.gov. This information was released today, October 1, on Medicare’s website. You can enter your medication/dosage information and get a customized comparison which will show you which Medicare Part D plans will give you the lowest overall annual drug costs over the course of 2013. Click here to: run the customized Part D comparison.

You can change Medigap plans (Medicare Supplements) at any time of the year; however, this is also the most advantageous time of year to compare and change (if necessary) your Medigap plan. To do this, the first step is comparing the available Medigap plans. To do this, request a Medigap quote comparison from Medigap-Quote.com. This will show the available Medigap plans for your age and zip code. The information comes to you by email (not all Medigap companies allow their current rates to be published online, so anything viewed online is incomplete). If you prefer to speak with someone by phone, call us at 877.506.3378.

Filed Under: Medicare Part D, Medigap Companies Tagged With: , , , , , , , ,

Medigap Changes – Making End of the Year Changes to Your Medigap Plan

August 31, 2012 by Leave a Comment

The weather is turning a little cooler. School is starting. Football season is here. Campaign ads are bombarding us. Whatever sign you use to signal the end of the year, it is right around the corner. For people on Medicare, that means it is time to look at Medigap changes and re-evaluate your Medicare coverage. Now, as we have covered in previous articles, the end of year enrollment period does not actually pertain to Medigap (Medicare Supplement) plans; however, it does pertain to Medicare Part D (Rx part of Medicare). So, since this is the time to re-evaluate those plans, it is also a useful time to consider all of your Medicare plans.

Medigap plans are completely standardized. That is, first and foremost, the thing that you need to understand about that type of coverage. This means that every company is required to offer the same coverage plans. For example, a Plan F (the most common and comprehensive plan) is the same with one company as it is with another. This makes comparing plans very easy to do. The main factor that you need to look at is price, as coverage, claim payments, doctor acceptance, etc. are the exact same.

Rates for Medigap plans can vary greatly – by as much as $100/month for the same coverage in some areas. There are no Medigap changes to coverage, but rates have been consistently increasing. So, particularly if your rate has gone up in the last year or two, it is very likely that you can save money for equal coverage. Also, new companies are constantly entering the Medigap marketplace. Just in the last 2-3 years, there have been 4-5 ‘A’ or higher rated companies that have expanded their offerings to include Medigap plans. These companies, in most cases, are positioned very competitively and at a lower premium price point than previous options.

Medigap quotes allow you to compare all of the plan options, in a centralized place, and choose a plan that represents a monthly savings off of your current plan. There are several ways to obtain quotes for Medigap plans, but the easiest and most advantageous way to do this is online. Medigap brokers (Medigap-Quote.com is one) can provide a comparison of all plan options in a centralized place.

If you would like to get Medigap plan quotes, please contact us online at Medigap Quotes or call us at 877.506.3378.

Filed Under: Medigap Plans Tagged With: , , , , , , , , , , , , , ,
Garrett Ball on Google+