Medicare Supplement (Medigap) plans have long been a popular choice for Medicare beneficiaries looking to manage healthcare costs. Yet they’ve lacked critical federal consumer protections, leading to discriminatory practices from insurers based on age, disability, and sex. As 42% of traditional Medicare enrollees also purchase a Medigap policy to cover out-of-pocket costs, the demand for fair and equitable access is clear.
Recent revisions to Section 1557 of the Affordable Care Act (ACA) may help level the playing field for many beneficiaries and provide licensed agents with an opportunity to better serve Medicare-eligible consumers. ARTICLE