The best time to enroll in a Medicare Supplement plan is during your Medigap open enrollment period.
This six-month window begins the first month you are 65 or older and enrolled in Medicare Part B. During this period, you have guaranteed issue rights, meaning insurance companies cannot deny you coverage or charge higher premiums due to pre-existing health conditions.
Why Timely Enrollment Matters
Enrolling during your Medigap Open Enrollment Period offers several advantages:
- You cannot be turned down for coverage based on your health.
- You may receive the most favorable rates available.
- All available Medigap plans in Minnesota are open to you.
If you miss this window, you may still apply for a Medicare supplement plan, but insurance companies can require medical underwriting. This means they may review your health history, potentially leading to higher premiums or denial of coverage.
Taking Action
Planning ahead ensures you have access to the coverage you need without unnecessary complications or costs. Our team at Wimmer Insurance is here to guide you through the process and answer any questions about Minnesota Medicare supplement plans.
Ready to explore your options or need personalized guidance? Contact us today to get started.
This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.