Best Medigap Plan G Companies 2025
From my 15+ years of experience as a Medicare broker, I can confidently say that Allstate, ACE, and Aflac are my top-pick providers for Medigap Plan G in 2025.
Cigna, UnitedHealthcare, and Mutual of Omaha might not have the cheapest premiums, but I also consider them to be trustworthy providers for Plan G.
I want to share several Medicare Supplement (Medigap) Plan G companies that I value based on key factors like:
- Monthly premiums
- Discount offerings
- Financial stability
- Member reviews
- History in the Medicare market
It’s not enough to just look at benefits because, thanks to regulations by CMS and state insurance departments, all Medigap companies offer the same benefits for each plan level.
For example, Cigna’s Plan G benefits are exactly the same as Aflac’s Plan G.
So, let’s look at how these companies stack up against each other.
Best Plan G Companies
From my research and experience, I’ve found these to be the best Medicare Supplement Plan G providers:
#1. ACE
When it comes to choosing a Medicare Supplement (Medigap) Plan G provider, affordability, financial stability, and reliability are key factors.
While there are many established companies in the Medigap space, one company currently stands out due to its incredibly low premiums:
1. Ace Medicare Supplement Plans – The Most Affordable Option
Ace Medicare Supplement Plans have emerged as the most budget-friendly Medigap Plan G provider in 2025.
Although Ace is relatively new to the Medicare Supplement market – having been around for only three to four years – they are backed by Chubb Insurance, which holds an A++ financial rating from A.M. Best.
This provides a strong level of security despite Ace’s short tenure in the industry.
Why Ace Medicare Supplement Plans?
The main reason Ace is ranked #1 on our list is its affordability. Out of all the major Medigap carriers, Ace consistently offers the lowest monthly premiums.
Additionally, Ace offers guaranteed renewable Plan G policies in 36 states. This means as long as you pay your premium, your coverage cannot be canceled. Ace also provides a 7% household discount for eligible members and no network restrictions, allowing you to see any provider that accepts Medicare.
Pros of Ace Medicare Supplement Plans:
- Lowest Medigap Plan G premiums available in the market right now
- Backed by Chubb Insurance, an A++-rated company, ensuring financial strength
- Standardized Medigap benefits, just like other providers
- Small household discount (7%) available in some states
- No network restrictions – see any provider that accepts Medicare
- Guaranteed renewable policies in 36 states
Cons of Ace Medicare Supplement Plans:
Limited track record compared to well-established competitors like Mutual of Omaha or UnitedHealthcare
- No additional perks—Ace does not offer vision, dental, or hearing coverage
- No extra benefits outside the standardized Medigap coverage
- Historical reviews are limited due to Ace being a newer company
Where is Ace Medicare Supplement Plan G Available?
Ace currently offers Medigap Plan G in 36 states, including:
AL, AR, AZ, CO, FL, GA, ID, IL, IN, IA, KS, KY, LA, MD, MI, MO, MS, MT, NE, NJ, NM, NV, NC, ND, OH, OK, PA, SC, SD, TN, TX, UT, VA, WV, WI, and WY.
How Does Ace Compare to Other Medigap Companies?
While long-standing companies like Mutual of Omaha and UnitedHealthcare offer additional perks and a history of reliable customer service, Ace takes the top spot in our ranking strictly because of its low pricing.
If your priority is securing the cheapest Medigap Plan G premium, Ace is currently the best option available.
However, if you’re looking for a provider with decades of Medicare experience and potential additional perks, other companies might be worth considering.
Our take
Ace Medicare Supplement Plans may be new, but they have quickly gained traction due to their low-cost Plan G premiums. For budget-conscious Medicare beneficiaries who want the best value without unnecessary add-ons, Ace is an excellent choice.
Average Plan G price for a 65-year-old male: $136.75
#2. Allstate
When you think of Allstate, auto and home insurance might be the first things that come to mind. But Allstate is quickly expanding its footprint in the Medicare Supplement market. Offering all ten standardized Medigap plans, including Plan G, Allstate is becoming a strong contender for those seeking affordability and added benefits.
I’ll break down the pros and cons of choosing an Allstate Medicare Supplement Plan G based on pricing, discounts, additional perks, and rate stability.
Pros of Allstate Medicare Supplement Plan G
1. Competitive Premiums (14% More Affordable on Average)
One of Allstate’s biggest strengths in the Medigap market is affordability. Research shows their premiums are, on average, 14% lower than many top competitors, making them an attractive option for those looking to save on Plan G coverage.
2. Stackable Discounts (Up to 25% Off)
Allstate provides one of the most generous discount structures available. Eligible members can take advantage of up to 25% in stackable discounts, making them a great choice for couples and households looking to reduce costs even further.
3. Household & Bundled Discounts
Allstate offers a household premium discount when two eligible individuals enroll together. Additionally, those who enroll in Plan G with Allstate are eligible for a 10% bundle discount on a dental insurance policy, adding even more value to their coverage.
4. Additional Benefits & Perks
Unlike some Medigap providers that offer just basic supplemental coverage, Allstate includes several added benefits, such as:
- Optional Dental, Vision, and Hearing (DVH) coverage
- Access to the Active&Fit fitness program
- Nationwide coverage with any Medicare-accepting provider
- Guaranteed lifetime policy renewal
- No specialist referral requirements
- 30-day trial period for new policyholders
5. Strong Financial Ratings & User-Friendly Experience
Allstate is a financially stable company, which provides peace of mind for policyholders. Additionally, their user-friendly website makes it easy to compare plans, get quotes, and enroll without the hassle of paperwork.
Cons of Allstate Medicare Supplement Plan G
1. Limited Market Experience
While Allstate is a trusted name in insurance, they are still relatively new to the Medicare Supplement market. More established Medigap providers have decades of data on pricing and customer experience, whereas Allstate is still proving itself in this space.
2. Availability Varies by State
Allstate’s Medigap plans may not be available in every state, limiting access to their competitive pricing and discounts depending on where you live.
3. No Medicare Part D (Prescription Drug Plan) Option
Unlike some Medigap providers, Allstate does not offer a Medicare Part D prescription drug plan. This means policyholders will need to shop separately for drug coverage, which may be inconvenient for those who prefer to bundle their Medicare-related plans with a single provider.
4. Future Rate Stability: 8-10% Annual Increases
While Allstate’s current premiums are among the most competitive, we are seeing annual premium increases ranging from 8-10%. This is in line with other long-established Medigap providers that have more stable pricing trends over time.
While this may not be a dealbreaker, it’s something to keep in mind when considering the long-term affordability of an Allstate Medigap plan.
Our take
Allstate is quickly becoming a top-tier Medicare Supplement provider, offering affordable Plan G premiums, substantial discounts, and extra benefits like Active&Fit program access and dental insurance bundle savings.
Their strong financial ratings, user-friendly experience, and ability to see any Medicare-accepting provider nationwide make them an appealing option for those seeking affordability and convenience.
However, as a newer player in the Medigap space, their 8-10% premium increase trend could be a concern for those looking for long-term rate stability.
Additionally, availability varies by state, and they do not offer a Medicare Part D prescription drug plan.
Overall, if upfront affordability and added perks are your top priorities, Allstate is a great choice for Plan G. But if long-term rate stability is a key concern, you may want to compare their pricing history with other top Medigap providers before making a final decision.
Allstate’s Plan G is available nationwide, except in Connecticut, Hawaii, Massachusetts, Maine, New Hampshire, New York, Rhode Island, Vermont, and Washington.
Average Plan G price for a 65-year-old male: $142.70
#3. Aflac
Coming in at number three on my list of the best Medigap Plan G companies is Aflac. Like Ace and Allstate, Aflac is also a newcomer to the Medicare supplement space.
However, Aflac is no stranger to the supplemental insurance industry, as they’ve been a household brand for many years.
The interesting thing about Aflac is that they use and rent what appears to be part of the Aetna Medicare supplement infrastructure to help them facilitate policyholders.
This strategic move allows them to provide strong customer support and streamlined claims processing.
Aflac is gearing up to take a leading role in the Medicare Supplement insurance world. They offer some great perks when you enroll in Plan G, like a household discount of up to 7% for those who qualify and an extra $2 off per month if you’re making EBT payments.
They also have 24/7 customer service and claims support to ensure policyholders get assistance when they need it.
All their Medicare Supplement plans are guaranteed renewable, so as long as you pay your premiums on time, your policy can’t be canceled. There are no network restrictions, meaning you can see any doctor or healthcare provider that accepts Medicare patients. Claims processing is fast, with most claims paid within a day.
Financial strength is also a key factor. Aflac has an A+ (Superior) Financial Strength Rating from A.M. Best, showing they’re financially secure and able to meet their insurance obligations.
They also hold an A+ rating from the Better Business Bureau (BBB), demonstrating a strong track record for handling customer concerns.
Aflac comes in at number three on our list with some of the most competitive premiums in the market. They offer additional insurance products such as dental, accident, critical illness, life, hospital, and short-term disability insurance.
Pros and Cons of Aflac Medigap Plan G
Pros:
- Competitive Premiums – Aflac offers some of the most competitive pricing for Plan G.
- Household Discounts – Up to 7% discount for eligible households.
- Additional Savings – An extra $2 off per month for EBT payment users.
- 24/7 Customer Support – Round-the-clock assistance for policyholders.
- Guaranteed Renewable Plans – As long as premiums are paid, policies remain in force.
- No Network Restrictions – Freedom to visit any Medicare-accepting provider.
- Fast Claims Processing – Most claims are paid within a day.
- Financially Strong & Trusted – A+ ratings from A.M. Best and BBB.
Cons:
- New to Medicare Supplement Market – While Aflac is a trusted brand, they are relatively new in the Medigap space compared to long-standing competitors.
- Limited Plan Selection – Aflac’s Medigap offerings may not be as extensive as some competitors with broader plan options.
Overall, Aflac is making a strong entry into the Medigap market with competitive pricing, solid benefits, and strong financial backing. If you’re looking for a reputable company with affordable Plan G options, Aflac is worth considering.
Average Plan G price for a 65-year-old male: $150.93
#4. Cigna
We reviewed Cigna and found that while their pricing for Medigap Plan G isn’t always the most competitive, they remain a trusted healthcare provider and rank as the fourth largest in the market.
- With Cigna’s Plan G, you can qualify for up to 20% premium discounts, plus an extra 5% if you apply online. Including your spouse in the policy offers them the same discount throughout the policy duration.
- Cigna members can access a user-friendly online portal and a Healthy Rewards program, providing up to 25% discounts on health and wellness products and services. Additionally, Cigna offers dental, vision, or hearing coverage bundles starting as low as $32 monthly.
- Some customers have noted dissatisfaction with Cigna’s customer service, finding representatives unresponsive or difficult. However, Cigna has an “A” (Excellent) financial rating from A.M. Best.
Cigna offers Plan G in most states, and premiums typically range from $140 to $250 monthly.
Average Plan G price for a 65-year-old male: $154.87
#5. Florida Blue
Florida Blue offers a range of Medicare plans, including Medigap Plan G, specifically to Florida residents.
- Florida Blue has a solid reputation, and one of the standout features is that many plans come with valuable benefits, such as free annual wellness visits and discounts on fitness programs.
- Members are generally satisfied, thanks to their comprehensive coverage and great customer support.
- At age 65, you can lock in your rate with Florida Blue’s Same Age Forever program.Your premium will remain the same, even as you get older.
- Monthly discount if you select automatic bank draft deduction on premium payments
Average Plan G price for a 65-year-old male: $215.00 to $300.00
#6. UnitedHealthcare
Pros and Cons of AARP Medicare Supplement Plans
AARP Medicare Supplement Plans, insured by UnitedHealthcare (UHC), offer the standard benefits of any Medigap plan, such as freedom to choose providers, no network restrictions, and predictable costs.
However, they also come with some drawbacks, including higher premiums in many states and an AARP membership requirement.
Average Plan G price for a 65-year-old male: $176.12
Pros:
- Comprehensive Coverage – Like all Medigap plans, AARP Medicare Supplement plans help cover out-of-pocket costs such as deductibles, copays, and coinsurance.
- No Network Restrictions – Beneficiaries can see any doctor or specialist that accepts Medicare across the U.S.
- Guaranteed Renewable – As long as premiums are paid, coverage cannot be canceled due to health conditions.
- Household Discount – Some states offer a small discount if two members of the same household enroll.
- Stable and Well-Established – UnitedHealthcare, the insurer backing AARP plans, has a strong financial reputation and extensive experience in the Medigap market.
- Standardized Plans – Just like other Medigap providers, AARP offers Plans G, and N, making it easier to compare.
- Additional Perks:
- Virtual doctor visits
- Gym memberships
- Discounts on vision and hearing care
- Policy management via website, phone, and mobile app
- Pharmacy & Mail-Order Benefits – UHC partners with well-known pharmacies like Walgreens and offers mail-order prescriptions through OptumRx for their Medicare Part D plans.
Cons:
- Higher Premiums in Many States – AARP/UHC Medigap plans are often more expensive than competitors in over half of U.S. states, with significantly higher premiums in some regions.
- AARP Membership Requirement – Enrollees must pay an annual AARP membership fee (around $16–$20 per year) to apply.
- No High-Deductible Plan G in Some States – While some companies offer High-Deductible Plan G, AARP/UHC does not always make it available.
Our take
AARP Medicare Supplement plans offer strong coverage and convenient policy management but tend to cost more than many competitors. The AARP membership requirement is a minor inconvenience, but the biggest concern is premium stability.
If affordability and lower rate increases are a priority, Ace, Allstate, or Aflac may be a better choice.
#7. Mutual of Omaha
Mutual of Omaha provides Medicare Supplement insurance in most states, including Medigap Plan G.
When it comes to Medicare Supplement (Medigap) insurance, Mutual of Omaha is one of the most well-known and established providers. With a history dating back to 1966, the year Medicare was introduced, Mutual of Omaha has been a leader in the industry for decades.
I’ll explore the pros and cons of choosing Mutual of Omaha for your Medicare Supplement needs.
Mutual of Omaha: Pros and Cons
Pros of Choosing Mutual of Omaha
Pioneer in the Medigap Market – Mutual of Omaha has been providing Medicare Supplement insurance since Medicare began, making them one of the most experienced carriers in the industry.
Highly Rated for Financial Strength & Stability – Forbes ranked Mutual of Omaha among the top 5 Medicare Supplement companies for 2024, and AM Best rated its financial strength as “Superior.” These rankings highlight the company’s stability, strong market position, and ability to pay claims reliably.
Strong Financial Stability – With over one million Medigap policyholders, Mutual of Omaha has a long track record of paying claims promptly and maintaining financial security.
Household Discounts – Depending on your state, you may qualify for a household discount on your premium if you live with a spouse or another policyholder. This can help lower your monthly costs.
Extra Member Benefits – Policyholders can access additional discounts on:
- Vision Care through EyeMed
- Hearing Aids & Services through Amplifon
- Wellness & Fitness Programs through the Mutually Well Program
Additional Insurance Options – In addition to Medigap coverage, Mutual of Omaha offers standalone dental insurance and final expense insurance, allowing you to create a more comprehensive coverage package.
Reliable Customer Service – Many policyholders appreciate Mutual of Omaha’s strong customer support and ease of handling claims.
Cons of Choosing Mutual of Omaha
Not Always the Most Competitive Premiums – While Mutual of Omaha has a great reputation, their Plan G premiums are not currently among the lowest in many areas.
Pricing can fluctuate year to year, and at the moment, they’re not as competitive as some other carriers.
Limited Discounts in Some States – While the household discount is a nice perk, it’s not available in every state or may be lower in certain areas.
Should You Choose Mutual of Omaha for Medigap Plan G?
Mutual of Omaha is a trusted, long-standing provider in the Medigap market. Their experience, strong financial stability, and customer service make them a solid choice for Medicare Supplement insurance.
They’ve been recognized by Forbes as a top Medigap provider and hold a Superior rating from AM Best, reinforcing their strong reputation in the industry.
While they are not currently the most competitive, my example rates are based on one individual in one state. I cannot run quotes for every possible scenario across every age range, state, and county in the country.
Because of this, I highly recommend that you still consider Mutual of Omaha, as you may be surprised to find they are competitive in your area based on your age and location. I am simply unable to provide a price for all scenarios.
If you value a reputable company with strong financial stability, household discounts, and additional benefits like vision, hearing, and wellness discounts, Mutual of Omaha could be a great fit for your Medigap Plan G coverage.
Premiums for Plan G with Mutual of Omaha range from $150 – $200 monthly.
Medigap Plan G Premium Comparison
One of the biggest questions that a Medicare beneficiary will ask when choosing a Medigap Plan G provider is:
How much is the monthly premium?
To help give you an idea – I created a couple of charts that compare the Plan G premiums offered by various companies.
Sample Rates for a Male (65 years)
| Medigap Company | Plan G |
|---|---|
| ACE | $136.75 |
| Allstate | $142.70 |
| Aflac | $150.93 |
| Cigna | $154.87 |
| Blue Cross Blue Shield | $157.18 |
| Mutual of Omaha | $158.70 |
| Wellpoint Insurance Company | $163.09 |
| UnitedHealthcare | $176.12 |
| Aetna | $186.68 |
| Quotes are the average monthly rate for a 65 year-old male nonsmoker living in Dallas, TX (zip code 75002). | |
Sample Rates for a Female (65 years)
| Medigap Company | Plan G |
|---|---|
| ACE | $116.58 |
| Aflac | $121.34 |
| Allstate | $132.44 |
| UnitedHealthcare | $139.82 |
| Cigna | $144.51 |
| Aetna | $149.61 |
| Mutual of Omaha | $175.72 |
| Quotes are the average monthly rate for a 65 year-old female nonsmoker living in Mobile, AL (zip code 36525). | |
Premium analysis:
Allstate, ACE, and Aflac offer:
- 19% – 32% lower premiums in Dallas, Texas.
- 24% -34% lower premiums in Mobile, Alabama.
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Remember:
While lower premiums are great, I encourage you to also consider financial stability, member reviews, and additional perks that suit your specific needs.
Why Medigap Plan G is the Best Option
When it comes to choosing the best Medicare Supplement (Medigap) plan, several options stand out. Still, none are as popular as Plan G. While Plan F and High Deductible Plan G (HDG) offer unique benefits, Plan G has emerged as the go-to choice for millions of Medicare beneficiaries due to its balance of comprehensive coverage and cost-effectiveness.
Why Plan G Is the Most Popular Medigap Plan
Plan G has become the undisputed leader in the Medigap market, with over 5 million enrollees. Its popularity stems from several key factors:
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Comprehensive Coverage – Plan G covers nearly all Medicare-approved out-of-pocket expenses except the Part B deductible, which is minimal ($257 in 2025). Once this deductible is met, Plan G pays 100% of Medicare-covered services, giving beneficiaries predictable healthcare costs.
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Plan F’s Discontinuation for New Beneficiaries – Before 2020, Plan F was the most comprehensive Medigap option, covering even the Part B deductible. However, after legislative changes, Plan F is no longer available to new Medicare enrollees. This shift has made Plan G the best full-coverage option for those aging into Medicare.
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Compared to Plan F – Plan G typically has lower monthly premiums than Plan F, making it a more cost-effective alternative. While beneficiaries must pay the small Part B deductible, the savings in premiums often outweigh this cost.
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More Predictability Than High Deductible Plan G – High Deductible Plan G (HDG) offers lower monthly premiums, but it comes with a $2,800 deductible (2025). This means beneficiaries must pay significant out-of-pocket costs before coverage kicks in. Many people prefer standard Plan G because it eliminates the risk of high upfront expenses.
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Nationwide Acceptance & Stability – Like all Medigap plans, Plan G is accepted by any provider that takes Medicare, offering broad network flexibility. Additionally, it tends to have more stable rate increases than other plans, especially compared to Plan F.
Plan G stands out as the best Medigap plan because it offers the most comprehensive coverage available to new Medicare enrollees, predictable costs, and a lower premium than Plan F.
With over 5 million enrollees, its popularity continues to grow, making it the gold standard for Medicare Supplement coverage. Whether you prioritize broad provider access, financial stability, or minimal out-of-pocket costs, Plan G is the clear choice for maximizing Medicare benefits.
Medigap Plan G vs. Medicare Advantage: Why Medigap is the Superior Choice
When choosing between Medigap Plan G and a Medicare Advantage (MA) plan, it’s essential to understand the differences in coverage, costs, and provider access.
While Medicare Advantage may seem appealing with its low upfront premiums and extra benefits, Medigap Plan G offers far superior coverage, freedom, and financial protection – especially when it comes to out-of-pocket costs and access to care.
Key Reasons Medigap Plan G is Superior to Medicare Advantage
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No Prior Authorizations – Medicare Advantage plans require prior authorizations for many treatments, tests, and surgeries. This can lead to delays and denials of necessary care. Plan G, on the other hand, allows you to receive any Medicare-covered service without prior approval.
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No Referrals Needed – With Medicare Advantage, you may need a referral from your primary care doctor before seeing a specialist. With Plan G, you can go directly to any Medicare-approved specialist without a referral, saving time and hassle.
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No Annual Benefit Changes – Medicare Advantage plans change every year, which means your benefits, copays, provider networks, and even prescription coverage can be different annually. Plan G stays the same year after year, providing long-term stability.
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Nationwide Access to Any Doctor That Accepts Medicare – Medicare Advantage plans typically restrict access to a network of doctors and hospitals. If you travel or move, you may not be covered. With Plan G, you can visit any provider in the U.S. that accepts Medicare – no network restrictions.
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Lower and More Predictable Out-of-Pocket Costs – Medicare Advantage plans have copays, coinsurance, and high out-of-pocket maximums, which can add up significantly. Plan G, by contrast, covers 100% of Medicare-approved costs after the small Part B deductible ($257 in 2025), leading to greater financial security.
Cost Comparison: Medigap Plan G vs. Medicare Advantage
Below is a side-by-side comparison of expected out-of-pocket costs for various healthcare services under Medigap Plan G versus a typical Medicare Advantage plan:
| Service | Medigap Plan G | Medicare Advantage |
|---|---|---|
| Monthly Premium | $100–$200 (varies by age & location) | $0–$100 (varies by plan) |
| Doctor Office Visit | $0 after Part B deductible ($257) | $20–$50 per visit |
| Specialist Visit | $0 after Part B deductible | $40–$75 per visit |
| Emergency Room Visit | $0 after Part B deductible | $100–$250 per visit |
| Five-Day Hospital Stay | $0 after Part B deductible | $1,500–$2,500 total |
| Lung Surgery ($250,000 bill) | $240 (Part B deductible) | $8,000–$10,000 (based on 20% coinsurance and plan maximum out-of-pocket) |
| 25 Days in Skilled Nursing/Rehabilitation | $0 | $4,000–$5,000 total |
| Annual Out-of-Pocket Maximum | $257 (Part B deductible) | $4,000–$8,850 |
Final Verdict: Why Plan G Wins
While Medicare Advantage plans may have lower upfront costs, they come with higher risk, network restrictions, and unpredictable expenses. Medigap Plan G offers financial security, the freedom to see any doctor, and no surprise medical bills.
For anyone who wants long-term stability, comprehensive coverage, and no barriers to care, Medigap Plan G is the clear winner over Medicare Advantage.
Can I Switch From one Medigap Company to Another?
Medicare Supplement (Medigap) plans help cover the out-of-pocket costs that Original Medicare doesn’t, such as deductibles, coinsurance, and copayments. However, as premiums rise over time, many policyholders wonder: “Can I switch from one Medigap company to another?” The short answer is yes – but the process and your eligibility will depend on when you decide to make the switch.
How and When You Can Switch Medigap Companies
During Your Initial Medigap Open Enrollment Period (Guaranteed Approval)
The best time to buy a Medigap policy is during your six-month Medigap Open Enrollment Period (OEP), which starts the first month you’re 65 or older and enrolled in Medicare Part B. During this window:
- You can choose any Medigap company and plan without medical underwriting.
- You cannot be denied coverage or charged higher premiums due to health conditions.
- You can freely switch between different Medigap insurers and plans.
This is the ideal time to shop for the best plan and company, ensuring you get both the coverage and pricing that works for you long-term.
After Your Initial Open Enrollment Period (Subject to Medical Underwriting)
If you want to switch Medigap companies after your OEP has ended, things get more complicated because:
- Medical underwriting will likely be required. The new company can review your health history and deny coverage or charge higher premiums if you have certain medical conditions.
- Your current Medigap plan cannot be canceled as long as you continue paying your premiums, but switching is not guaranteed.
That said, many people can still pass medical underwriting and switch companies—and it can save them hundreds of dollars per year.
When Can You Switch Without Medical Underwriting? (Guaranteed Issue Rights)
There are certain situations where you can switch Medigap plans without medical underwriting, even after your initial OEP. These are called Guaranteed Issue (GI) Rights and typically apply when:
- Your Medigap insurance company goes bankrupt, or you lose coverage through no fault of your own.
- You leave a Medicare Advantage plan within the first year and return to Original Medicare.
- You move out of your Medigap SELECT plan’s service area.
- You lose employer-based Medicare supplemental coverage.
If you qualify for GI Rights, you cannot be denied coverage or charged higher rates due to health conditions.
Why People Switch Medigap Companies
The most common reason people switch Medigap companies is rising premiums. While the benefits of a specific Medigap plan (such as Plan G or Plan N) are identical across all insurance companies, the premiums can vary significantly from company to company.
Pros of Switching Medigap Companies
Lower Premiums – Many policyholders save money by switching to a different insurer offering the same plan for a lower monthly cost.
Same Coverage – As long as you stick with the same plan letter (e.g., Plan G to Plan G), your benefits remain the same, even if you switch companies.
More Financial Stability – Some insurers increase rates more aggressively than others, so switching can help avoid excessive future increases.
Cons of Switching Medigap Companies
Medical Underwriting – If you’re outside of your open enrollment or GI period, you may be denied coverage or charged higher premiums due to health conditions.
Waiting Periods – Some companies may impose a short waiting period for pre-existing conditions if you don’t have continuous coverage.
Loss of Discounts – Some insurers offer household or loyalty discounts that may not transfer to a new company.
The Bottom Line: Don’t Be Discouraged by Medical Underwriting
Yes, medical underwriting is indeed a factor when switching Medigap plans outside of your initial enrollment window. However, many people still qualify and successfully switch companies to save money. Every insurer has different underwriting guidelines, so if one company declines you, another might approve you.
The key is to shop around regularly. Premiums can vary greatly from company to company, and switching could mean significant savings over time. If your Medigap rates have increased, it’s always worth checking to see if another company offers the same coverage at a lower price.
Final Tip: Work with an Independent Medicare Agent
If you’re considering switching Medigap companies, one of our independent Medicare agents can compare multiple options and help you find the best fit – without the stress of navigating underwriting on your own.
Switching Medigap plans isn’t always necessary, but for many, it’s a smart way to keep costs down while maintaining great coverage. Don’t assume you’re stuck – explore your options and see if you can save.
How to Enroll in Medigap Plan G
The best time to enroll in Medigap Plan G is when you first become eligible for Medicare.
Your Medigap Open Enrollment Period lasts for six months once you meet these conditions:
- You are 65 years old
- You enroll in Medicare Part B
Your Open Enrollment Period only happens once, so if you miss it, you aren’t guaranteed coverage; enrolling outside of this time frame means the insurance company may deny your application or charge higher premiums due to pre-existing health conditions.
Worst Medigap Plan G Companies
Now that I’ve covered some of the best options, I want to caution you on some of the not-so-good companies. Based on my experience, I want to caution you about certain Medigap Plan G companies that I find unreliable and untrustworthy – I suggest avoiding them.
Banker’s Life
Banker’s Life’s door-to-door sales can feel like high-pressure tactics with agents pushing expensive options. Policyholders say they pay almost 50% more in premiums than with trusted providers and they have a very low Better Business Bureau rating.
Plus, you can’t even get an online quote—you have to fill out a form and wait for an agent to reach out.
United American Insurance Company
Many members enrolled with United American Insurance Company face unexpected premium increases, overpaying by nearly 40% compared to leading companies. Beneficiaries are frustrated because policies do not cover conditions as expected.
Policyholders also complain about struggling to reach support, making sense of policy details, and dealing with claims.
Medico
We’ve received many calls from Medico policyholders noticing they pay about 30% more than top companies. The BBB has also received complaints about Medico for unclear coverage details, a high rate of denied claims, and terrible customer service (if they can even be reached).
Bottom Line
When it comes to Medigap Plan G, Allstate, ACE, and Aflac are top picks if you’re considering monthly premiums, stability, and their track record in the Medicare market.
Although they might not have the lowest premiums, Cigna, UnitedHealthcare, and Mutual of Omaha are also trustworthy and stable Plan G providers.
I’d steer clear of companies like Banker’s Life, United American Insurance Company, and Medico.
It’s a good idea to work with a seasoned Medicare broker who can offer a range of options from different Plan G providers. We’re here to help if you need it!
Sources: Allstate | Aflac | Cigna | UnitedHealthcare | Mutual of Omaha
FAQs
- Who has the best Plan G Medicare Supplement?
- What is the average price of a Medicare Supplement Plan G?
- Is Medicare Plan G being discontinued?
- What does Plan G not cover?
