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Medigap Supplement Premiums: 3 ways Medigap Plans are Priced
If you already have a Medigap plan or you are researching options, you may want to know how carriers price their Medicare Supplement premiums, so you can have a good grasp about how future rate adjustments work.
In this video, I’ll cover the three pricing methods insurance carriers use to determine Medigap premiums.
Attained-Age Medigap 1:41
Issue-Age Medigap 4:30
Community Rated Medigap 6:31
We’ll review the definition, according to CMS, for each pricing method and then break down the pros and cons.
I’ll also explain how a Community Rated Medigap Plan can include an age based enrollment discount.
And, make sure you stay to the end for my bonus tips…where I answer the question…”what’s the best pricing method?”
Thanks for watching!