What is the guaranteed issue window for Medigap policies?

The guaranteed issue window for Medigap policies is six months after enrolling in Medicare Part B. During this period, individuals have the right to purchase a supplemental insurance policy regardless of their health status, pre-existing conditions, or any other eligibility factors. This period starts on the first day of the month when an individual is 65 years old and enrolled in Medicare Part B, allowing for guaranteed coverage.

This is particularly important for seniors as it ensures that those who are transitioning to Medicare have access to additional coverage for out-of-pocket costs like copayments, coinsurance, and deductibles. Outside of this six-month window, insurers can deny coverage or impose waiting periods based on pre-existing conditions, which could lead to gaps in coverage or higher costs for individuals with health issues.