CHOICES is Available to Help Consumers Shop for and Compare Prices of Medicare Supplement Policies
TALLAHASSEE, Fla. – With the Medicare Advantage open enrollment period beginning this weekend, the Florida Office of Insurance Regulation (Office) wants to remind consumers aged 65 or older about a free online resource called the CHOICES system. This system helps consumers search for available Medicare Supplement (also known as Medigap) policies and provides the price of each for comparison purposes. The Office recently revised the rate information in this system to reflect the current pricing of these products by health insurance companies in the Medicare Supplement market.
In the CHOICES system, the Medicare Supplement tool asks consumers to select options and enter specific criteria for calculating sample annual premium amounts for participating health insurance companies offering these plans in any Florida county. A search includes entering information about a consumer’s age, gender, insurance type, county zip code and the type of plan. All rates provided in the CHOICES system are for illustrative purposes only and consumers are encouraged to contact either an insurance agent or the insurance company for a premium quote based on their individual circumstances.