Medigap Seminars announced today that CEO and Medicare educator Matthew Claassen has published a new article in Forbes Business Council examining the structural factors contributing to rising Medicare Supplement (Medigap) premiums across the United States.
The article, “Medicare Supplement Insurance Became A Victim Of Its Own Success,” explores how federal standardization, healthcare inflation, demographic trends, and evolving state regulations may be influencing long-term Medigap pricing.
About the Article
According to Claassen, today’s premium increases are driven by multiple market forces rather than a single factor. The article examines topics including:
- Medicare Supplement benefit standardization
- Medical inflation and increased healthcare utilization
- Aging beneficiary populations
- State consumer protection rules, including Birthday Rules
- The long-term effects of price competition among insurers
"The standardization reforms of 2010 made Medigap easier for consumers to understand. They may also have unintentionally transformed Medigap into a commodity product where price became the dominant competitive factor."
— Matthew Claassen
CEO, Medigap Seminars
Read the Full Forbes Article
Read the complete Forbes Business Council article here: