There are three types of Medigap pricing methods:
- Community Rated
- Issue Age Rated
- Attained Age Rated
It’s important to understand pricing before you buy a policy. Some policies seem like a good deal, but the premiums will go up as you age. This can potentially leave you struggling to pay premiums in your later years, when your health is failing and it is hard to qualify for other coverage. Here are the basic features of each type of Medigap pricing.