Medigap policies explained:
ALL Medigap companies offer the EXACT same basic benefits. The difference is in the price, THAT'S IT. A Medigap policy only covers one person - spouses have to buy a separate policy.
When to buy a Medigap policy:
The best time to buy a Medigap policy is during your Medigap OPEN ENROLLMENT Period. This period begins 6 months before the first day of the month in which you're 65 or older and enrolled in Medicare Part B. (Some states have additional Open Enrollment Periods). After this enrollment period, your option to buy a Medigap policy may be limited and it may cost more. If you delay enrolling in Part B because you have group health coverage based on your (or your spouse's) current employment, your Medigap Open Enrollment Period won't start until you sign up for Part B.
When can I change my Medicare Supplement?
As many times as you like, as long as your health permits!