Community rating is a pricing method for Medicare Supplement insurance where everyone pays the same premium regardless of age. Community-rated plans have higher initial premiums for younger enrollees but do not increase as you age (only for medical inflation). Community rating is available in some states.
Key Points
- Community rating: same premium regardless of age
- Higher initial premiums for younger enrollees
- Premiums do not increase as you age (only for medical inflation)
- Available in some states (CT, MA, MN, NY, WA)
- An independent agent can help you understand rating methods in your state