How long may a waiting period for a pre-existing condition under a Medicare Supplement policy extend?

The maximum waiting period for a pre-existing condition under a Medicare Supplement policy can extend up to 6 months. This means if you have a pre-existing health issue, the insurance company can impose a waiting period during which they will not cover costs related to that condition. This 6-month limit is consistent across the majority of states as it aligns with the federal guidelines for Medicare Supplement policies.

This provision is intended to prevent individuals from waiting until they are sick to purchase insurance, ensuring that these plans remain viable for insurers while also promoting fairness in coverage for individuals who maintain continuous coverage. It's important for beneficiaries to be aware of this waiting period to manage their healthcare and coverage expectations effectively.