DW will be Medicare eligible before year end, so I'm getting ready to enroll her and am looking at two Medigap policies, G and Hi-deductible F. As it turns out, most of the policies available in our zip code are offered by life insurance companies, only 3 offerings (2 G and 1 hi-d F) are by health insurance companies.
Is this normal? If she signs up for a policy and the insurer leaves the market, she still has guaranteed issue rights, but not to a G policy, only one with less coverage. It seems to me that life insurers are more likely to leave the market while the large national health insurers (BCBS, Humana, Aetna) are more likely to stick around. Am I missing something and do others have this concern?
Is this normal? If she signs up for a policy and the insurer leaves the market, she still has guaranteed issue rights, but not to a G policy, only one with less coverage. It seems to me that life insurers are more likely to leave the market while the large national health insurers (BCBS, Humana, Aetna) are more likely to stick around. Am I missing something and do others have this concern?