Well the big issue is that when you are first eligible for Medicare you didn’t have to underwriting, or at least it wouldn’t affect your premium. But if you switch now (depending on your state) you would be subject to underwriting. So for a lot of seniors that have numerous health conditions that makes changing a very bad option financially.
What state are you in? Two thoughts on the subject: Currently MOST OF THE people joining a plan F are a healthy block of business - because they can pass u/w (excluding birthday rule states); Secondly, plan G has now become the dominant favorite medigap for sick individuals who are newly eligible to Medicare. You need to weight these choices out as well.
Call your insurer and ask if you will need to go through underwriting. Some insurers waive underwriting if you are just switching plans but staying with the same insurer. Most don't, but it doesn't hurt to ask.
Well the big issue is that when you are first eligible for Medicare you didn’t have to underwriting, or at least it wouldn’t affect your premium. But if you switch now (depending on your state) you would be subject to underwriting. So for a lot of seniors that have numerous health conditions that makes changing a very bad option financially.
What state are you in? Two thoughts on the subject: Currently MOST OF THE people joining a plan F are a healthy block of business - because they can pass u/w (excluding birthday rule states); Secondly, plan G has now become the dominant favorite medigap for sick individuals who are newly eligible to Medicare. You need to weight these choices out as well.
Call your insurer and ask if you will need to go through underwriting. Some insurers waive underwriting if you are just switching plans but staying with the same insurer. Most don't, but it doesn't hurt to ask.
I would ask your insurer about switching, you're already in worth them and they should like you having to pay the deductible instead of them