Picking a Medicare Supplement policy isn’t just as simple as purchasing the least expensive plan available. Buyer beware! Is the carrier that you are picking been in the market in the state in which you live for a long time? Or are they new to the market? When was the last time they had a rate increase outside of your annual age premium increase? Chances are if the carrier is new to the market they are able to keep their rates artificially low for about 2 years until they get their insurance pool going. If the carrier is new to your market chances are if they don’t grow their pool inside the first two years you could see a rate explosion. Do your research and we can help.
These are just a few things to keep in mind before jumping into a Medicare Supplement plan. Reach out to us if you have questions about the carriers in your market. We can help you make an educated decision and our services are free to you! We are compensated by the insurance carriers on the backend. So please utilize our services you will be thankful you did.