Community-Rated Medigap Pricing
Pricing
Generally, the same premium is charged to everyone with the Medigap policy regardless of age or gender.
What This Pricing May Mean for You
There is one premium for everyone in your area regardless of age or gender; however, discounts may be applied based on age.
Premiums may increase because of inflation or because your discount decreases as you age.
Examples
Mr. Smith is 65. He buys a Medigap policy and pays a $125 monthly premium. This is his premium after he receives a discount based on his age (the community-rated price for those who don't qualify for a discount is $195).
Mrs. Perez is 72 and buys the same Medigap policy as Mr. Smith. She pays a $166 monthly premium. This is her premium after she receives a discount based on her age (the community-rated price for those who don't qualify for a discount is $195).
Note: The amounts used in this example aren’t the actual costs of plans.