Your eligibility and what you pay will be affected depending on when you apply. It is important to know when your eligible for Medicare.
You can apply any time when you meet all the requirements which is different from Medicare Advantage plan restrictions.
The best times to enroll are during “special enrollment periods.” Also known as “guaranteed issue period.
Medical underwriting is used to process applications if applying for MyBlue Medigap outside of a special enrollment period. This can affect monthly premiums based on specific factors.
Applying inside a special enrollment period there in no medical underwriting and you will find it make a difference in premiums; so this matters when thinking about your health needs and budget.
You must be currently enrolled in the Original Medicare (Part A & Part B) to qualify for enrollment in Medigap. During the six month Medigap Open Enrollment Period “OEP” is the best time to enroll. This begins on the first day of the same month you are 65 years old or older and that you are already enrolled in Medicare Part B. You can enroll in any Medigap plan during the OEP that is being offered by any of the insurers that are located in your area without having to submit to a medical underwriting check. You can still enroll in a Medigap plan after the Medigap Open Enrollment Period, the insurer may request a medical background resulting in a pre-existing condition causing restrictions to be placed on your coverage. This could also cause your Medigap coverage to cost more or you could possibly be denied coverage all together.
Keep in mind that the Medigap plans are not intended to take the place of Original Medicare and in order to keep your supplementary coverage you have to continue paying your premium for Medicare Part B to keep this coverage.
Disclosure: “We are not connected with or endorsed by the U.S. Government or the federal Medicare program. Medicare has neither reviewed nor endorsed the information contained on this website. Disclamer: This is not a complete listing of plans available in your service area. For a complete listing please contact 1-800-MEDICARE or consult www.medicare.gov (TTY users should call 1-877-486-2048), 24 hours a day/7 days a week or consult www.medicare.gov.”
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