Saturday, November 21, 2009
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Covering the Bases: Don't put off buying your Medigap policy

Published 06/22/08

Q: I am going to be eligible for Medicare in October. I will retire in September and my health insurance will be discontinued by my company, which is small. I understand that I need to sign up for Medicare Part A and B, but I don't see the need to buy a Medigap policy right away.

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I'm a fairly healthy individual and I don't anticipate using my health plan any more than I do right now. Why should I spend the extra money for supplemental insurance I might not need for a long time?

A: It's important for you to understand your rights in buying a Medigap plan. Your open enrollment...

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