Medicare Supplement insurance costs in Macon can vary by as much as 68.1 percent for virtually identical coverage. We show some real examples below.
The American Association for Medicare Supplement Insurance encourages consumers to learn as much as possible about this important protection which is sometimes called Medigap (we’ll use the two interchangeably). Our Association does NOT endorse, sell or recommend any particular insurance company or policy. We see our role as an advocacy and educational organization that serves both consumers and insurance professionals who market Medicare insurance protection.
The Association maintains the nation’s largest online database of local Medigap insurance agents. You can use the online look-up to find local Medicare Supplement insurance agents. It’s FREE TO USE. It’s ANONYMOUS. You DO NOT ENTER any of your own personal information to access the directory of local Medicare insurance agents.
SIMPLY CLICK THIS LINK to access the Association’s Directory and see agents throughout the State of Georgia.
Enter your Zip Code. The system will list all agents closest to you.
Then, simply select who you want to call or Email (if anybody).
This is a free, anonymous service the Association provides to consumers.
COSTS FOR 65-YEAR OLD FEMALE
Lowest cost for Plan F, non-smoker, no discounts = $137.08-per-month.
Highest cost for Plan F, non-smoker, no discounts = $260.82-per-month.
THAT’S A 62.2 PERCENT DIFFERENCE
COSTS FOR 65-YEAR OLD MALE
Lowest cost for Plan F, non-smoker, no discounts = $146.84-per-month.
Highest cost for Plan F, non-smoker, no discounts = $298.76-per-month.
THAT’S A 68.1 PERCENT DIFFERENCE
The Association believes comparing Medicare insurance costs is important for consumers. Costs based on 2018 Association analysis and subject to change.
Choosing the right Medicare insurance policy can be confusing. There are options and often they can vary significantly. The policy your friend who lives in the next town, may not be available to you. The price you pay can vary based on your Zip Code.
We believe your first important choice is finding a professional to work with. He or she should first and foremost be an educator. You want them to explain your options and help you make a decision that’s suited to your needs – your health preferences – and, of course, your budget.
Some Medigap insurance professionals will do this all over the telephone and/or Internet. Others will have you meet in their offices. Some will come to see you in your home. Agents do not charge for this valuable assistance. They earn a commission built into the Medigap insurance policy that is paid by the insurance company.
The following are some suggested questions you might want to ask when interviewing agents:
DO YOU REPRESENT ONE MEDIGAP COMPANY – or MULTIPLE COMPANIES? Some insurance agents only offer Medicare Supplement insurance from one company. Others, typically referred to as brokers, can offer policies from multiple companies. We don’t recommend one over the other. But, you should know this important piece of information. Here’s what you should ask: “how many Medicare insurance companies are you appointed to sell?” Appointed is industry jargon that means they can actually sell you a policy from a specific company. Agents only earn a commission from companies they are appointed with.
ASK ABOUT THE INSURANCE COMPANY’S HISTORY OF RATE INCREASES? The lowest price for Medicare Supplement insurance may seem attractive. But the rates insurers charge you can change. That’s why it’s important to ask the agent or broker about the company’s recent record of rate increases. A good agent will have no problem sharing this information (hint, that’s a good way to ascertain a good agent).
Thank you for taking the time to read this information. Of course, if you have questions, we strongly recommend you use the Association’s FIND AN AGENT look-up to find Medicare insurance agents in your area. Some consumers query several agents to evaluate their responses and willingness to help. That is a perfectly fine way to start!
Jesse Slome
Director, American Association for Medicare Supplement Insurance