When you are ready to purchase a Medigap policy there are a few things you need to know before making the final decision. Medigap insurance is meant to help you, not hurt you, and by being properly informed you will have a good experience with the program. The first thing you should do is review all the supplemental programs A-N and decide which policy or policies best fit your needs. The next thing you should do is contact your state insurance department. They will be able to provide you with accurate information any companies that offer the Medigap policy that you are interested in. They will also be able to disclose information about the company such as poor ratings or unpaid claim problems.
When you are inquiring about a Medigap policy you should consider at least three companies before making the final purchase. By state laws each of those companies must offer the exact same services as the other in regard to the particular program. However, they are not required to charge the same amount. You will find that there can be a large difference in premiums by different companies. By shopping around you will be able to secure a good monthly payment.
By thoroughly comparing prices you will find the best deal on insurance. Each company is, by law, required to provide the same coverage. Therefore you only have to compare prices, not services. If you are in the open enrollment period you will not have to worry about any up-charges for pre-existing conditions or age. You simply need to compare companies that have a good rating and select the most economical one.