MEDIGAP Flashcards
1
Q
HOW MANY PLANS ARE THERE
A
10 STANDARDIZED PLANS
2
Q
HOW LONG IS THE ENROLLMENT PERIOD
A
7 MONTHS WITHOUT PROOF OF INSURABILTY
3
Q
ISSUE AGE RATING
A
PREMIUMS DON’T GO UP EACH YEAR WITH AGE
4
Q
ATTAINED AGE RATING
A
BASED ON AGED AT POLICY ISSUE, PREMIUMS WILL INCREASE EACH YEAR
5
Q
COMMUNITY RATING
A
BLANKET RATES ARE USED, SAME AREA PAY SAME RATE
