Question

How much time before coverage is in effect for a Medicare supplemental policy that replaces another Medicare supplemental policy that was held for 1 year?

Answer 1

When replacing a Medicare supplemental policy, the new policy usually starts coverage on the day after the prior policy ends, but there may be waiting periods or pre-existing condition limitations.

Step-by-step explanation:

When replacing a Medicare supplemental policy with another Medicare supplemental policy, the new policy usually starts coverage on the day after the prior policy ends. However, there may be certain waiting periods or pre-existing condition limitations that apply when switching plans. It is important to review the terms and conditions of both policies to determine the specific waiting period for the new policy.