How do Insurance Companies set Prices for Medigap policies?
Each Medigap insurance company decides how it will set the price, or premium, for its Medigap policies. It is important to ask how an insurance company prices its policies. The way they set the price affects how much you pay now and in the future. Medigap policies can be priced or “rated” in three ways -Community-rated (also called “no-age-rated), Issue-age-rated and Attained-age-rated.
