Medicare Supplement Insurance is guaranteed issue if the policy effective date is within how many months of the insured's Medicare Part B?

The correct answer is that Medicare Supplement Insurance is guaranteed issue if the policy effective date is within 6 months of the insured's Medicare Part B enrollment. This period is crucial because it protects individuals from being denied coverage or facing premium rate increases based on their health status.

During these first six months, individuals have a guaranteed right to purchase any Medicare Supplement policy available in their state without underwriting. This is particularly important for those who may have pre-existing conditions or other health issues, as it ensures they can obtain supplemental coverage without facing potential barriers.

After this six-month period, the ability to purchase a plan may be subject to medical underwriting, which can lead to denials or higher premiums based on health conditions. Therefore, understanding this guaranteed issue period is essential for individuals planning to transition onto Medicare and those seeking to secure Medicare Supplement Insurance.