February, 2010

Medicare Supplement Insurance Plans will be Grandfathered

The 2010 Modernized Medicare Supplement Insurance Plans can have effective dates as early as June 1, 2010. The previous Medicare supplement insurance plan designs will no longer be available at that time. Policyholders will naturally be wanting to know how this will effect their Medicare supplement coverage if they already have a Medigap insurance plan. The answer is that the Medigap insurance plans sold prior to June 1, 2010 will be grandfathered. Those insureds will not be required to buy one ...

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