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When to buy a Medigap policy

The best time for someone to buy a Medigap policy is during the 6-month Medigap open enrollment period. Because you can buy any Medigap policy sold in your state of residency, even if you suffer from health issues. The 6-month period will automatically start the month you are 65 and enrolled in Medicare Part B, which is Medical coverage. After the enrollment period, enrollees may not be able to purchase a Medigap policy. If they are able to buy one, it will cost more. During Open Enrollment Medigap insurance companies are generally allowed to use medical underwriting to...
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