When you sign up for a Medicare Supplemental policy, also known as Medigap, it’s important to choose the one that is right for you. You may be tempted to simply pick the plan that has the most features or the lowest premium. But like most things in life, there are trade-offs. 

Here are the next 3 things you need to know in our 4 part series:

4. A Medicare Supplement policy only covers one person. If you and your spouse both want Medicare Supplement coverage, you’ll each have to buy separate policies.

5. You can buy A Medicare Supplement policy from any insurance company that’s licensed in your state to sell one. 

6. When you buy a Medicare Supplement Plan there is three things you want to look at: 

• Your starting rate. 
• The insurance company rate increase record for the past 10 years. 
• The insurance company financial stability. 

Call me at 727-688-3330 if you have questions or if you want to schedule a free consultation. If you didn’t know. Now you know.

Jacob Torres with Best Advice Medicare