Medicare open enrollment is a six-month period, which includes the three months before and after the consumer's 65th birthday. In many cases, it is preferred that the elderly buy a Medicare supplement policy during the open enrollment window. Under certain circumstances, consumers who allow that window to expire in six months is not medically qualify for the supplementary plan.
Eligibility is guaranteed at the age of 65
eligible for Medicare skilled nursing guaranteed insurance open enrollment, regardless of medical history. Medical underwriting is not required and there are no health issues to answer an application. All Medigap insurance plans offered in the requesting State will be purchased. Simply put, insurance companies can not deny Medigap coverage if the application during the six-month time frame.
other guaranteed eligibility periods
There are other rights guaranteed Medicare supplement insurance periods in addition to the six-month window. Consumers aged 65 and older who involuntarily lose group health insurance or group coverage can be guaranteed additional Medicare supplement plan. However, they also have to go through some subscription plans (Plan J, for example) transferred, and may not be offered premium discounts on their plan choice.
Further advantages in purchasing the coverage open enrollment
many additional insurers who, during the open enrollment discounts. In some cases, applicants may decline in price as 15%. This brings savings over the following years, helping to keep premiums lower than the insured grows older. Also, some insurance companies require underwriting popular supplements such as Plan J, if the applicant more than three months have been the 65th birthday. When open enrollment, medical underwriting will be required when applying J. plan
Disability and Medicare open enrollment
Some states receiving Medicare disability rating if the guaranteed coverage. The Government customers under 65 years of age who have a disability approved a six-month window to buy Medicare supplement regardless of medical history. (Missouri such a state.) It is very beneficial for Medicare disability consumers to enroll in a plan to open six months. Otherwise, you have to go through health insurance and the adoption is unlikely because of health concerns.
To summarize, near the 65th birthday of the elderly, and persons with disabilities are entitled to Medicare coverage should consider additional coverage. Application will be made during an open enrollment underwriting unnecessary to have more design choice, and it also offers premium discounts.