Which states are known as waiver states for standardized Medicare Supplement plans?

Waiver states for standardized Medicare Supplement plans are Massachusetts, Minnesota, and Wisconsin because these states have opted to create their own unique Medicare Supplement plans, which diverge from the standardized plans established by the Centers for Medicare & Medicaid Services (CMS).

In these states, rather than following the federal standardization of Medicare Supplement plans, they offer their own tailored options that may include different benefits or cost-sharing structures. This can be beneficial for consumers in those states as they may have access to plans that align more closely with the specific healthcare needs and preferences of their populations.

Because of this unique status, these states are often referred to as waiver states because they have "waived" the standardized plans that are available in most other states. Understanding which states fall into this category can help agents and consumers navigate the complexities of Medicare Supplement insurance more effectively.