Follow
Share

I will be 65 and on Medicare soon. I am researching supplemental ins - an F or G medigap plan. I hear stories of insurance companies quoting premiums to sign up but increase premiums frequently after insurance policy is acquired.
The State can require increases and also premiums can increase annually by 10% or less. Is this accurate info. Are there other reasons they can increase premiums. Is there any protection provided by the state of Texas.
It would be very helpful.

This question has been closed for answers. Ask a New Question.
Senmed

The answer to your question totally depends on your state -- and even possibly what county in that state -- you live in. Some states have continuous enrollment/some have so-called "open enrollment" (not continuous). Some states have guaranteed issue/in some states, you can be denied Medigap (except when you are first eligible). Some states do not even have the letter series of Medigap plans. So the answer to your question depends on Texas law.
Helpful Answer (1)
Report

This question has been closed for answers. Ask a New Question.