What is the Medicare Birthday Rule?
The Medicare birthday rule gives people with a Medicare Supplement (also known as Medigap) plan the chance to switch plans each year around their birthday — without going through medical underwriting.
Senior Market Sales
Recent posts by Senior Market Sales
4 min read
Medicare Birthday Rule Explained: What Agents Need to Know About Medigap Switching
Topics: Medicare Knowledge Centers medicare collective
10 min read
Hospital Indemnity With Medicare Supplement: A 2026 Trend to Know
Understanding Current Challenges Affecting You Now and In the Near Future
AEP is fast approaching, and this year will likely bring a unique set of challenges for Medicare solutions agents and clients alike. Significant Medicare Supplement (Med Supp) premium hikes are expected. Many are already experiencing a 20% or more increase in premiums on Plan G. Additionally, agents are facing the possibility of lower commissions and increased regulatory scrutiny. These challenges necessitate innovative strategies to ensure clients receive the coverage they need without breaking the bank, and agents continue to earn fair compensation.
Don’t wait for AEP to start! These issues are affecting your sales now! So, now’s the time to strategize for success through the opportunities available.
Topics: Medicare Knowledge Centers Lifetime Healthcare Center
7 min read
The Birthday Rule: Is It in Your State and What It Means for Agents and Med Supp Clients
Birthday rule legislation was introduced to address a significant gap in the Medicare Supplement (Med Supp) policy market. Traditionally, Medicare Advantage clients have the opportunity to shop and switch plans annually during the open enrollment period starting October 15 and running through December 7. However, this flexibility was not available to Med Supp policyholders, putting them at a disadvantage as they aged and their health potentially deteriorated.
To mitigate this issue, certain states have enacted the birthday rule. This legislation allows Med Supp policy owners the opportunity to shop for plans that better suit their needs and budget, without the fear of being declined due to health reasons. Essentially, it aims to provide a level playing field, ensuring that Med Supp policyholders can also benefit from competitive rates.
