How To Get The Best Medicare Supplement Rates For Ages 70 to 75
June 14, 2022
Are you looking for the Best Medicare Supplement Rates For Ages 70 to 75?
I’m guessing that you are in one of three Medicare Supplement related situations:
- 1You recently received a rate increase on your current Medigap plan or you are curious to see if you can find a lower rate.
- 2You are presently enrolled in Medicare Supplement Plan F (possibly N) and are thinking about moving to Supplement Plan G.
- 3You do not presently have Medigap coverage but have had Medicare coverage longer than 6 months thus exceeding the open enrollment period.
Guess what, you are in luck, if I guessed your situation correctly, by the end of this article you will know what the best decision will be regarding Best Medicare Supplement Rates By Age.
Depending on which of the three situations you fall into, I will review the pitfalls you will need to watch out for and which plans will offer you the best Medicare Supplement rates for ages 70 to 75.
Best Medicare Supplement Rates For Age 70
Being age 70 or about to turn 70 is a sweet spot for a number of insurance carriers. Some actually make this rate very competitive since you will have to undergo medical underwriting to qualify. When you are turning 65 you have an open enrollment period that doesn’t have any health underwriting questions, so insurance carriers are not sure what a person’s health is and might price their plans a bit higher to be on the safe side. Many times age 70 is a situation to be in for some of the best rates on Medicare Supplement Insurance Plans.
Typically, the best Medigap insurance rates are given to 70-year old, female non-tobacco users that are married and qualify for a household discount.
This makes sense because tobacco users tend to have more health issues.
Even though you will have to qualify for the new plan, you only have to answer some health questions. You won’t even have to see a doctor to qualify for the Medicare Supplement Plan that you choose.
To get the best Medigap rates for age 70, simply speak with one of our advisors who can compare rates in your zip code and give you all your best options for the best priced Medicare Supplement that fits your budget.
The biggest concern is probably the fact that if you are 70 you are probably going on to have at least a couple of health conditions. Keep in mind that the Medigap companies know this. Most are only concerned with the most severe of health issues and if you have recently been hospitalized or treated for them.
Senior Insurance Advisor
Best Medicare Supplement Rates For Age 71
If you have just enrolled in Medicare and are in your Medicare Supplement open enrollment period, you will get the best Medigap insurance rates without any underwriting.
If you are already enrolled in a Medigap plan and are looking to change plans, there are a few key factors to consider.
Factors such as:
- Are You Male Or Female?
- Are You A Tobacco User?
- Are You Generally Healthy?
If so, changing plans should be fairly easy.
However, you will still have to go through underwriting and provide your medical history.
Reviewing your Medicare gap insurance annually can result in getting the best rates for age 71.
Best Medicare Supplement Rates For Age 72
Assuming you are outside the Medigap open enrollment period, you will have a few things to consider.
If you have any preexisting health conditions, depending on the condition, your premium rates may be higher than a healthier person. This is typically due to more stringent underwriting on the lower premium priced carriers compared to ones that will accept certain health conditions.
Some preexisting health conditions can even result in you being denied coverage.
For instance, if you have had cancer within the last two years, it will be difficult to find a Medicare gap insurance carrier that will issue you coverage.
Speak with a Medigap policy expert to review your premiums and keep them at the best rates for age 72.
Sample Medicare Supplement Rates: Male – Non-Tobacco – Living in Hagerstown, Maryland – No Household Discount
|PLANS||PLAN F||PLAN G||PLAN N|
Best Medicare Supplement Rates For Age 73
Medigap plans cost is largely determined by your overall health when you are outside the open enrollment period.
To get the best Medigap rates, in addition to your health, other factors such as whether you are male or female, non-tobacco user or a smoker, marital status and your age can affect your Medicare Supplement Insurance Plans rates.
If you have a health condition, the number of medications you presently take, can determine if you will be denied coverage.
Such as with COPD.
If you are age 73 and have COPD but take three or less medications, there is a high likelihood that you will qualify for Medigap insurance.
However, if you take four or more medications for COPD, including inhalers, you may be denied coverage to a new Medicare Supplement Insurance Plan, outside of open enrollment.
If you are already in a Medicare Supplement plan with COPD, you may have to stay in the plan until your health changes.
Sample Medicare Supplement Rates: Female – Non-Tobacco – Living in Hagerstown, Maryland – No Household Discount
|PLANS||PLAN F||PLAN G||PLAN N|
Best Medicare Supplement Rates For Ages 74 & 75
Are you currently enrolled in a Medicare Gap Insurance and looking to change plans?
Or, maybe looking for a new Medigap policy outside the Medigap open enrollment period?
In either case, in the eyes of the insurance carrier, you are the same.
There is only one Medicare Supplement Insurance open enrollment period and once outside of that six months, you must go through underwriting to change plans or get a new Medigap policy.
Anytime you go through underwriting for health insurance whether you are male or female, smoker or non-tobacco user, your overall health is the number one determining factor on whether you will get the best Medicare Supplement rates for ages 74 to 75.
Senior Benefit Services will be able to help guide you through choosing a Medicare Supplement Plan.
There are many factors that determine the Best Medicare Supplement Rates For Ages 70 to 75.
The Experts at Senior Benefit Services have been specializing in helping seniors make the best Medigap insurance choices for over 50 years!
Call now at 1-800-924-4727 or fill out the easy and convenient ‘Start Free Comparison’ form in this article.