Tag: Medigap

 Seniors turning age 65 in Texas will still face a wide spread in costs for Medigap coverage according to the American Association for Medicare Supplement Insurance (AAMSI). “Our 2023 Price Index reports that a Dallas man turning 65 can pay from a low of $112 monthly to as much as $312 for Plan G coverage,” states Jesse Slome, AAMSI’s director. Plan G is the most commonly selected plan option among seniors purchasing Medicare Supplement insurance when they turn 65. Texas seniors have more options than most, Slome notes. The organization reported that women turning 65 also face significant price ranges. ... Read more

 Seniors who purchase Medicare Supplement (Medigap) coverage appear to be satisfied with their plan choice according to a study just conducted by the American Association for Medicare Supplement Insurance (AAMSI). “Medigap persistency is a measure of plan satisfaction,” says Jesse Slome, director of the organization. AAMSI surveyed independent Medicare insurance agents who have been selling Medigap plans for 5 years or longer. The several hundred agents participating in the study shared that 53% of their Medigap policies remained on the books for 9 years or longer. Some 41% had a persistency of between 5 and 7 years. “There’s so much ... Read more