Age Related Policies

[Bandman]

There are different Medigap policy premiums based on your sign-up age.

1. Attained Age Rated Policy
2. Issue Age Rated Policy
3. Community Rated Policy

Is there a site that lists the Medigap insurance companies by these groups? I live in Alabama.

 

[Mack]

Hi Bandman,

Welcome to MyMedicareForum.com!

The MyMedicare.gov Medigap Plan finder lists the ratings you speak of but many plans list "information not available" so it is not complete. It is located at:

http://www.medicare.gov/find-a-plan/questions/medigap-home.aspx

I do not know of another site that would have this information, if you find it please share with us.

 

[Bandman]

I finally found the Alabama web site that has some of that information:

www.aldoi.gov/pdf/consumers/medsupcompanies.pdf

Some of the details are not exactly clear to me. I would like to see more specific info for each company that clarifies the following:
Attained age related OR Issue age related OR Community related.


And here is the page of 2012 Alabama Medigap company premiums:

www.aldoi.gov/Consumers/SeniorHealthInsurance.aspx#Medicare

 

[Bandman]

You can go to planprescriber.com for more detailed information about Medigap (and other insurance) policies for each state. It includes premiums and other criteria. Best site I've seen and covers much information.

 

[Daryl]

There are different Medigap policy premiums based on your sign-up age.

1. Attained Age Rated Policy
2. Issue Age Rated Policy
3. Community Rated Policy

Is there a site that lists the Medigap insurance companies by these groups? I live in Alabama.

From what I've seen, most companies that have Issue Age rated policies give a discount when you enroll that gradually decreases, so it's really more like an Attained Age rate. The only good is that after the discount goes to zero there are no further increases (except that of course any company can increase the rate for any policy at any time).

 

[MBSC]

From what I've seen, most companies that have Issue Age rated policies give a discount when you enroll that gradually decreases, so it's really more like an Attained Age rate. The only good is that after the discount goes to zero there are no further increases (except that of course any company can increase the rate for any policy at any time).

In my area, the AARP/UHC Medigap plans are community rated. They offer a similar discount to be competitive with the Attained Age plans during first few years. It's a 30% discount the first year that decreases over a 10 year period. After the discount goes to zero, you pay the community rated premium.

AARP Early Enrollment Discount: https://www.medicareservices.us/united_healthcare_aarp.pdf