Lowering Your Medicare Supplement Premiums Without Losing Coverage

If you’ve held your Medicare Supplement (Medigap) plan for a few years, you’ve likely noticed your monthly premiums steadily rising. The good news? You might not have to sacrifice your coverage just to save money.

At Insurance Solutions USA, we’re committed to helping you stay covered — while being smart about what you’re paying.

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Can You Switch Carriers to Reduce Your Medigap Premium?

Yes, you can. And you may be able to keep the exact same plan letter and benefits while paying significantly less each month.
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Why Consider Switching Your Medicare Supplement Carrier?

One of the most important things to understand is that Medicare Supplement plans are standardized by the federal government. That means Plan G from one company must offer the exact same benefits as Plan G from any other carrier.

So whether you’re enrolled with a well-known name or a smaller regional provider, the coverage is identical. What’s not the same? The price.
Each insurance company sets its own rates. As a result, you could be paying hundreds of dollars more per year for the same exact plan, simply because you haven’t reviewed your options in a while.

At ISUSA, we’ve had clients save over $1,000 a year simply by switching to a lower-cost carrier — with no change to their benefits or coverage.
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So What’s the Catch?

There are two main things to consider before switching:

1. Health Questions May Apply
If you’re no longer in your open enrollment window or don’t qualify for a guaranteed issue period, most insurers will ask a few health-related questions. This is standard underwriting and varies by company, but common questions include recent diagnoses, hospitalizations, or surgeries. If your health is stable, you’re likely to qualify.

2. Switching Plan Letters vs. Switching Companies
You can change companies and keep your plan (e.g., stay with Plan G but choose a lower-cost provider), or you might consider switching from one plan type to another (like from Plan G to Plan N). If you’re thinking of changing plans entirely, it’s best to talk with a licensed advisor to ensure it fits your current and future healthcare needs.

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Factors That Affect Your Premium

Every carrier sets prices based on a range of personal factors, such as:
● Age

● Gender

● Zip Code

● Tobacco Use

● Marital Status

If any of these details have changed recently, you may see an impact — for better or worse — on your premium rate.
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What If I’m Not Approved by the New Carrier?

No need to worry. Applying for a new Medicare Supplement plan does not cancel your current coverage. You remain fully insured under your existing plan unless and until your new policy is approved and active. So there’s no risk in shopping around.
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When Can I Make a Change?

Unlike Medicare Advantage or Part D plans, you can change your Medicare Supplement plan any time during the year, as long as you qualify medically. You don’t have to wait for the Annual Enrollment Period (AEP) in the fall — that window doesn’t apply to Medigap plans.
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How to Start Saving

At ISUSA, our team uses advanced comparison tools to help clients find the most competitive rates available — while keeping the exact same coverage.

Here’s what the process looks like:
1. We’ll compare rates across multiple top-rated carriers to find your best option.

2. If a switch makes sense, we’ll walk you through a quick application with any required health questions.

3. Once approved, we’ll help you cancel your old policy so there’s no overlap or gaps.

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Let’s Review Your Medicare Supplement Plan Together

We believe in keeping things simple, transparent, and cost-effective. If you’d like a second opinion on your current premiums or want to explore lower-cost options, we’re here to help — with no pressure and no cost to you.

📞 Call us today or use our contact form to get started.
Let’s make sure your coverage and your budget are working together.