Insurance companies' rates vary by more than $100.00 per month for identical coverage.
"It’s important to compare Medigap policies since the costs can vary
between policies offered by different companies for exactly the same coverage, and may go up as you get older. Some states limit Medigap premium costs."
However, various state consumer reports show that the vast majority of seniors with Medicare Supplement insurance are paying considerably more than required for identical coverage.
Consumers with existing Medicare supplemental insurance plans saved an average of more than $500 per year in 2022 using the information in this report.
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