During the guaranteed issue time period every Medicare Supplement has to accept anyone that applies to there company. When a person applies outside of that time period however each company can choose the level of strictness they have on new clients health issues. How a company decides to underwrite can have a huge impact on rates for all of the clients.

Medicare Supplement Companies can be very lenient or very strict when it comes to underwriting Medicare Supplement Plans outside of someones guaranteed issue status. So when a customer is no longer in a guaranteed issue situation you have to be very selective and make a decision based on your health.

If a Medicare Supplement Company has a very lenient underwriting standard you will see much higher rates because they will be covering more pre-ex conditions which will cost more to insure. And when Medicare Supplement Companies or any insurance company has higher costs they will pass those along to there consumers.

There is no need to pay more for a Medicare Supplement Plan than what is necessary. If you are healthy don’t subject yourself to higher rates by applying with a company that has lax underwriting standards.

If you happen to be a very healthy individual it does not make sense for Medicare Supplement rates to be more expensive due to the company that you have you Medicare Supplement through underwriting people that may not be as healthy as yourself. However if you have had some health issue you might have to accept the fact that your rates may be more due to those health issues.

What you should remember is that there is no one size fits all, you have to pick a plan based on your individual health. However if you are in a guaranteed issue status currently price should be a very large factor in your decision making process.