{{ After decades of selling insurance, Illinois-based broker John Jaggi had never seen anything like it.
More than 80 of his customers who were enrolled in the same Medicare supplemental plan from the insurer Chubb got hit last August with a 45% increase.
“In my 49 years of doing biz as a broker, I’ve never seen a premium increase be effective immediately on everyone, instead of on their policy anniversary,” said Jaggi, whose brokerage scrambled to find more affordable options for clients. }}
Fortunately, I live in Washington State where we have “Continuous Open Enrollment” for existing Medigap policyholders. As soon as United American is no longer the lowest cost insurer, I’ll switch to the carrier that is.
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