Medicare Supplement Rates Connecticut 2014
Medicare Supplement Rates Connecticut 2014. The Medicare supplement plans (also called Medigap) are standardized in the state of Connecticut. This means that plan benefits can not vary from company to company. If a company is offering a Plan F supplement, the benefits must be the same regardless of the company offering it. The only difference is the monthly premium. Traditionally, the most popular plan in CT has been plan F. AARP currently holds the best plan F price at $218.50 a month but Combined has released a plan for $214.57 a month starting in April of 2014. Plan N and L have started to gain popularity in the last 24 months with many consumers enrolling in them as a lower cost alternative to plan F.
The state of Connecticut is a guaranteed issue Medigap state. This allows the insured to change from one supplement to another anytime during the year. The state of CT does not allow underwriting on Medigap plans. There is a 3 month waiting period for those that did not have any type of plan (Medicare Advantage or Medigap) prior to signing up for a Medigap plan. The 3 month wait would not be applicable to those with a qualifying event.
Crowe and Associates is always happy to help you with either healthcare or investment needs. We want you to feel comfortable with the plan you choose. Your plan has to fit both your healthcare needs as well as your budget.
If you would like more information about Medicare, please contact us. You can reach us either by phone at (203)796-5403 or by email at [email protected]