Medicare Supplement GI Thread
- Thread starter midwestbroker
- Start date
-
- Tags
- medicare
- Thread starter
- #12
- 2,370
Thanks for the replies so far...I updated the main post...
- 177
California:
If a person already has Medigap insurance, they have 30 days of "open enrollment" following their
birthday each year when they may buy a new Medigap policy without a medical screening or a new waiting period. The new policy must have the same or lesser benefits as the old policy.
If a person already has Medigap insurance, they have 30 days of "open enrollment" following their
birthday each year when they may buy a new Medigap policy without a medical screening or a new waiting period. The new policy must have the same or lesser benefits as the old policy.
Michigan is NONE.
However, there are two carriers with a GI med supp product. BCBS Michigan has a GI Plan A and C but it does not pay commissions. They basically don't want anyone to know about it because they're forced to offer it and can't raise the price and I hear they are losing about $180 Million per year on it. When 2014 rolls around, BCBSM will no longer be tax-exempt or a provider of last resort so there could be some big changes.
Also Humana has a GI Plan C. The rates are a little high for 65+ but not insane. However, for under 65 the rates are astronomical.
However, there are two carriers with a GI med supp product. BCBS Michigan has a GI Plan A and C but it does not pay commissions. They basically don't want anyone to know about it because they're forced to offer it and can't raise the price and I hear they are losing about $180 Million per year on it. When 2014 rolls around, BCBSM will no longer be tax-exempt or a provider of last resort so there could be some big changes.
Also Humana has a GI Plan C. The rates are a little high for 65+ but not insane. However, for under 65 the rates are astronomical.
- 125
anyone know if there is any for FL?
Medicareguy
Expert
- 68
Wisconsin - Cheese/Beer/Packers/Brats
GI birthday only. Also if retiree group plan raises rates by 25% or more. No annual GI.
GI birthday only. Also if retiree group plan raises rates by 25% or more. No annual GI.
- 1,310
