Wednesday Medigap Rate Watch
This Wednesday Rate Watch is focused on Medicare Supplement Plan G, for a female, ages 65, 70 and 75 in Dallas County Texas (zip code 75043). As I have said before, Medicare Supplement plans are all Federally regulated by the government. There is no reason for anyone to pay more with one carrier over another because the letter of the plan dictates the coverage, not the carrier. You are not getting any additional benefits by paying more. That’s why it is important to shop your coverage every year, and we can help you with that.
You may ask, “Why do these companies charge different prices if they are all the same?” That’s a great question. Carriers have different administrative costs and they have different profit goals. There’s tons of different reasons why these big companies charge different prices. What you need to know is, just like in your Medicare book, Plan G is the same with every carrier.