I have Cobra coverage, can buy Medigap Coverage?

If you have COBRA coverage, you can either buy a Medigap policy right away or wait until the COBRA coverage ends. Medigap coverage, also known as Medicare Supplement Insurance, is a type of private insurance that helps pay for some of the costs that Original Medicare doesn't cover, such as deductibles, copayments, and coinsurance.

• To enroll in Medigap coverage, you must first enroll in Original Medicare. You cannot have a Medicare Advantage Plan and a Medigap/Supplement. Once you have enrolled in Original Medicare, you can then purchase a Medigap Supplemental policy from a private insurance company.
• Keep in mind that you have a limited window of time to enroll in a Medigap Supplemental policy without being subject to medical underwriting, so it's important to enroll as soon as you are eligible. This would be your Initial Enrollment Period.
• You can apply for a Medigap policy no later than 63 calendar days after the latest of these three dates:
• Date the creditable coverage ends.
• Date on the notice you get telling you that creditable coverage is ending.
• Date on a claim denial, if this is the only way you know that your coverage ended.
• Your rights may last for an extra 12 months under certain circumstances, but don't count on it.

MedHelpCenter.us recommends that you call the Senior Health Insurance Agency at 813-592-8568 for further explanation.