By Terry Savage on March 26, 2015 | Financial Planning / Retirement

Is it true that if I sign up for a Medicare Advantage plan and then want to switch the next year to a MediGap plan with Original Medicare that I could be denied coverage for preexisting conditions for 6 months, denied coverage outright or be charged more than if I had signed up for it initially? OR was this salesman just trying to scare me into buying a more expensive MediGap plan?

Terry Says:   It’s mostly true.  You can not be turned down for the best, most expensive, and extensive Medicare supplement if you apply immediately upon being eligible for Medicare.  But there can be restrictions on getting that policy if you wait — or if you later switch from Medicare Advantage.

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