Personal Finance (Not Investing) • Here are Medicare Part D WellCare Value Script Premiums for 2025

More expensive in NY.

https://boomerbenefits.com/compare-medi ... are-plans/

"Medigap plans in New York are just like they are in the majority of the states. However, New York has a very unique rule that Medicare beneficiaries often take advantage of. In New York, Medicare beneficiaries have year-round Medigap open enrollment.
Year-round Medigap open enrollment

In most states, Medicare beneficiaries have a one-time six-month Medigap open enrollment period that allows them to enroll in any Medigap plan without having to answer health questions. After this period has passed, Medicare beneficiaries usually have to answer health questions to apply for a Medigap plan.

However, in New York, Medicare beneficiaries never run out of time to apply for a Medigap plan without health questions. Although this is a great advantage to living in New York as a Medicare beneficiary, it can come with a high price.

Because carriers in New York can’t ask health questions, the Medigap premiums are usually on the pricier side compared to other states without this rule. This is to help fund the possibility of high, expensive medical claims."

Statistics: Posted by tj — Fri Oct 18, 2024 11:41 pm — Replies 61 — Views 22069