Are Medicare Supplement plans available for enrollment year-round?

Medicare Supplement plans, also known as Medigap plans, are not available for enrollment year-round. They have specific enrollment periods, primarily when an individual first becomes eligible for Medicare or during designated enrollment periods such as the Open Enrollment Period for Medicare. During this time, individuals can apply for any Medigap policy without medical underwriting, meaning they cannot be denied coverage based on pre-existing conditions.

The statement suggesting that these plans are available all year round does not accurately reflect the rules governing Medigap enrollment. Although individuals can technically apply for a plan at other times, they may face restrictions based on their health status and the insurance provider's guidelines. Additionally, the options available outside of the designated enrollment periods can be significantly limited, which may not provide the necessary coverage individuals are looking for.

Understanding this structure is crucial for helping individuals navigate their Medicare choices, ensuring they don't miss critical opportunities to enroll in the coverage they need.