22 March Changing Your Medigap Company March 22, 2017 By Editor Medicare Supplement medicare, medicare supplement, medigap, seniors 0 If you are currently paying increased premiums, or are frustrated with your policy in any way, you may decide to switch insurance companies for your Medigap plan. Here’s what you’ll need to do: Call the new insurance company and ask to apply for a new Medigap plan. Call your current insurance provider and inform them that you’d like for your coverage to end. The company will tell you how to submit a request to end coverage. Once you do this, take advantage of your ‘Medigap free-look period’. This period gives you 30 days to decide if you want to keep the new policy. It begins when you receive your new Medigap plan. For one month, you will have to pay both premiums. Remember that unless you’re sure you would like to keep your new Medigap plan, do not cancel your first policy. Also, when filling out the new Medigap policy, you’ll have to promise that you will cancel your first one. Visit ManhattanLife's Medicare Supplement Plans page for more information. Related Posts Posture Check and Stretch Break Whether you sit or stand all day, checking in on your posture and adding in stretches to your day can help your overall well-being. Unpacking Medicare Supplement: Part 4 Medigap Maggie's learning journey reaches its end and epilogue. Here, further details and potential scenarios are given, and questions are answered. Unpacking Medicare Supplement: Part 2 Maggie continues her quest to learn more about healthcare at age 65 and beyond. In Part 2 of our blog series, she discovers the myriad of details that make up this supplemental insurance. Checkup Checklist - Get the Most Out of Your Next Doctor's Appointment Questions and topics to ask yourself and your doctor before your next checkup. Get the most out of your next doctor's appointment. How Much Can a Medigap Plan Save You When Medical Bills Stack Up? We Did the Math. A Medicare Supplement plan, also called a Medigap plan, is designed to cover the healthcare costs that Medicare won't. In order to show how important a Medigap plan can be in protecting you from out-of-pocket costs, we calculated how much money a Medigap plan would save you in the event of an unlikely, yet completely possible, serious medical issue. Medicare Supplement Plans (Medigap) Chart 2018 A quick look at the 2018 Medicare Supplement Plan (Medigap) benefits Comments are closed.