Co-Founder, TermInsuranceBrokers.com, Goldenzweig Financial Group, Las Vegas, Nevada
The cost of a Medigap policy depends on which Medigap policy you want to apply for, your age, gender, tobacco usage (if any), your zip code, and whether you're married and applying together (for household discounts - available from some carriers).
In short, an average cost figure doesn't mean much to the individual as the premiums can differ widely depending on where you are around the country and the other aforementioned factors.
You want to compare prices from multiple companies when you're shopping because Medigap plans are standardized, meaning the benefits are exactly the same regardless of who you buy it from - the price is the only difference. You should consult with an independent agent who can shop your case among multiple companies and offer you the desired Medigap plan at the lowest possible cost.
I hope the information is helpful - please feel free to contact me for help, including quotes and plan comparisons, and if you have any other questions. Thanks very much.
In short, an average cost figure doesn't mean much to the individual as the premiums can differ widely depending on where you are around the country and the other aforementioned factors.
You want to compare prices from multiple companies when you're shopping because Medigap plans are standardized, meaning the benefits are exactly the same regardless of who you buy it from - the price is the only difference. You should consult with an independent agent who can shop your case among multiple companies and offer you the desired Medigap plan at the lowest possible cost.
I hope the information is helpful - please feel free to contact me for help, including quotes and plan comparisons, and if you have any other questions. Thanks very much.