Medigap Frequently Asked Questions
Why are premiums different company by company for the same plans?
What is the difference between Issue Age, Attained age and Community Rated?
Attained age premiums are based on your current age and go up each year as you get older, are low for younger buyers but go up as you get older and eventually become the most expensive. Premiums may also increase because of inflation and other factors.
Community rated generally have the same monthly premium for everyone who has a policy regardless of age and can go up based on inflation or other factors, but not age.