Medigap Guaranteed-Issue Window Opens for 6 Months at Age 65

Americans receive a one-time, 6-month guaranteed-issue window for Medigap coverage upon enrolling in Medicare Part B at age 65. After this period, insurers in 46 states can deny coverage based on health history permanently. Currently, 42% of Traditional Medicare beneficiaries have a Medigap policy, and this percentage rises to about 80% among those without employer or Medicaid coverage. This information highlights the importance of timely enrollment for securing supplemental insurance, which can greatly affect out-of-pocket costs for retirees.