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2. Enter your age, sex and whether you use tobacco to get a more accurate cost estimate. You’ll see price ranges and information about copays, deductibles and benefits for the letter plans
in your area. Below are the estimated monthly costs for a Plan G for a nonsmoking 65-year-old man who lives in Richmond, Virginia. Courtesy Medicare.gov 3. Click PLAN DETAILS for coverage
information and estimated costs. Click VIEW POLICIES for a list of insurers that offer Medigap policies with each letter designation in your area along with each policy’s estimated monthly
costs. You’ll also see which type of pricing structure the plan uses: * ATTAINED-AGE policies have regular premium increases based on age and inflation. * COMMUNITY-RATED policies charge the
same premium to everyone with the same policy, regardless of age. * ISSUE-AGE policies base premiums on your age when you buy the policy and can increase because of inflation. 4. Contact
the plans you’re interested in for details about premiums. When you’re on the VIEW POLICIES page, you’ll see a VISIT COMPANY WEBSITE link along with each company’s address and phone number.
Premiums for plans with the same letter designation can vary widely based on the insurer you choose. The 65-year-old man in Richmond who doesn’t smoke and wants to look at Plan G offerings
that don’t have a high deductible can pay from $124 to $419 a month in 2024 depending on the company, according to the plan finder. MEDIGAP HAS ITS OWN RULES In most states, if more than six
months have passed since you enrolled in Part B, your premium may be based on your health status unless you qualify for a guaranteed issue right. This means an insurer can’t refuse to sell
you a Medigap policy in certain situations, such as moving out of a Medicare Advantage plan’s service area. If you don’t qualify for a guaranteed issue right, you won’t know the bill for
your premium until you apply and answer the Medigap insurer’s questions about your health. Rules may vary for people who qualify for Medicare before age 65 because of a disability. Some
state insurance departments list premiums for Medigap plans so consider visiting the National Association of Insurance Commissioners website to learn more. You can buy a Medigap plan through
the insurer’s website, by phone or mail, or through an insurance agent. You’ll pay your Medigap premium to the insurer, not to the federal government. Ask the company if it offers automatic
payment options and discounts for enrolling in an automatic payment plan or for insuring both you and your spouse. For help exploring your Medigap options, contact your State Health
Insurance Assistance Program (SHIP). Its counselors have information about prices and rules for plans available in your area. How Do Medigap Plans Work?
