Having a Medicare supplement plan in California offers a significant advantage over other states. As a California Medicare Supplement member, you may change companies every year in the month of your birthday without medical insurance. You can apply at any time throughout the year to another company. If not in the month of your birthday, the new company will send the application to the underwriting department, which means they will review your current health status and will not be required to approve your submitted application.
If you submit the application during the month of your birthday, your application will be guaranteed as long as the plan granted for the application has equal or lesser benefits. So, if you currently have a plan F through a particular company and their prices are not competitive, you should look into other companies with lower monthly installments.
All California Medicare supplement companies undergo annual rate adjustments. Sometimes the rates will even decline, depending on loss and claims ratios within a given zip code or region. Regardless of your current or previous health status, it is a good idea to compare prices and company ratings annually. If you spend a little time each year reviewing your company’s rates, you will most likely save a lot of money.
Only two states offer this option – California and Missouri. In all other states, the member must apply the policies that apply to underwriting. If you live in California and would like to move to another company, not during your birthday month, and you are currently seeking treatment or would like to receive future treatment or surgery, I advise you to speak with a licensed Medicare Supplement Agent who can refer you to the appropriate companies. Enroll here : https:/
All California Medicare supplement companies inquire about different health issues during applications. Some are very thorough with their underwriting issues and others are very lenient with their policies. A licensed California agent can help you select the appropriate company, depending on your current health status.
The ability to change Medicare supplement companies annually offers California residents tremendous flexibility. They should not be punished just because a company becomes unprofitable, and it decides to increase it’s premium faster and more aggressively than other Medigap companies. Use this law as a tool, and make sure that you are in a competitive business of your choice. Call a Medicare supplement specialist today to discuss your options.
When it comes to your health and finances, you want to be covered. Not worrying concerning added medical expenses will give you the guarantee that you and your loved ones are covered. Whether you choose a Medigap plan F or another supplement plan, rest assured, your bills will be substantially reduced if they are not eliminated.
Do not think that a national provider is more reliable and pays more –that is not true. Every provider must be certified in every state in which he wants to do business. They would not do business if they did not meet the standards of the Insurance Commission.