Do Medicare Supplements Offer a Family Discount?
Many time, I get the question about whether a husband and a wife can sign up for a joint Medicare Supplement policy. While all Medicare Supplements are separate policies, many companies do offer a husband-wife discount. This discount can provide a significant savings, when you take out a policy with the same company. So whenever possible, it is recommend that you do so.
Often times, there are several companies around the same price for a standardized Medicare supplement plan. By choosing the one that offers the husband-wife discount, you can reduce your premiums and ensure that you have the lowest possible price for a plan.
Obtaining the Medicare supplement family discount is easy to do. With most companies you can get it whether you apply at the same time or not. Sometimes, if one spouse is on Medicare and the other is not yet age 65, you should consider which companies may offer a discount that will help you later, when you are comparing and selecting plans.
Some of the prominent companies that do offer a husband-wife discount are Mutual of Omaha, Family Life and AARP / United Healthcare. All of these companies offer a discount on their standardized Medigap plans that allows you to reduce the premium cost of your plans. Mutual of Omaha and Family Life both offer (in most states) a 7% discount, while AARP (in most states) offers a 5% discount.
When you are comparing Medicare Supplement plans, you should always get a Medicare Supplement quote from a reputable independent agency. They can give you an idea of all the plans that are available for your age and zip code, as well as what the rates for those particular plans are. From that comparison, you can easily determine which option is going to make the most sense for you, since plans are Federally-standardized (coverage is the same from one company to another).
Medicare-Supplement-Comparison.com is a leading, independent brokerage, and we can help provide the Medicare Supplement comparison that you are seeking by email. To obtain this, simply visit Medicare Supplement quotes.