What is the maximum waiting period for a pre-existing condition under a Medicare Supplement policy?

The maximum waiting period for pre-existing conditions under a Medicare Supplement policy is indeed 6 months. This provision is designed to allow insurance carriers to manage the risk associated with covering pre-existing medical conditions.

When individuals apply for a Medicare Supplement policy, insurers are allowed to impose a waiting period of up to 6 months for any condition that was diagnosed or treated prior to the start of the policy. If the applicant had a gap in coverage for at least 63 continuous days immediately prior to applying for the new policy, this waiting period can be applied. However, if the individual can demonstrate that they had prior creditable coverage—such as another health insurance policy—the waiting period may be reduced or waived altogether.

This 6-month standard aligns with federal guidelines for Medicare Supplement plans, ensuring a level of consistency across policies offered by different insurers. It's essential for applicants to understand this rule to make informed decisions when choosing their plans and to know their rights regarding pre-existing conditions.