Community Chat

[Moonchilde]

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@3cupcakes wrote:

@151949   I believe the OP is not to talking about her medigap policy premium, but the % of the discount on her monthly payments, given for the first 3 years a person  is covered w/that company.

the first year, its usually 15% discount, then reduces to 10%, the second year on your birth month , & the third year on your birth month, it reducesI to 5%.

the fourth year you pay the full monthly amount of your policy.  No discounts.

hope this helps.

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Most medigap (not MA) companies DO raise their rates every year, *besides* the "discount" lessening. Double whammy for many.

[tucsongal]

n/m