Tag: Medigap Plan G

2024 Medigap Insurance Rate Increase Data Can Help Agents Compete

Logan B.
Medigap Insurance Data

Insurance agents striving to stand out and compete in the crowded Medicare solutions market can utilize the latest data regarding Medigap rate increases. The just-reported data revealed that year-over-year increases for policyholders with Medigap Plan G coverage in 2024 ranged to as much as 20%. The new analysis was reported by the American Association for Medicare Supplement Insurance (AAMSI) and KLC Actuarial, LLC. “Competition in the Medicare market is intense with large call centers and marketing entities spending hundreds of millions annually on lead generation marketing,” explains Jesse Slome, director…

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Medigap insurance policies are frequently overlooked despite the benefits they offer

Marc
Medigap - Benefits of health coverage

About 14 million Americans own a Medicare Supplement policy, including seniors for whom it is viable. Medigap (Medicare Supplement) insurance is often left out of the spotlight when compared to Medicare Advantage, though it has a considerable amount to offer Americans, including seniors, for whom it is a very viable option. Medicare Supplement policies are carried by millions of Americans, but not all options are equal. This year, the American Association for Medicare Supplement Insurance has focused on the delivery of two central messages for consumers regarding Medigap coverage. The…

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