Medicare Supplement Insurance Cost 2025
The average cost of a Medicare Supplement plan can range from $60 per month to $400, possibly higher. Many factors determine the monthly premium, so each beneficiary will pay a different amount even if they select the same plan.
We generated sample quotes for five of the most popular policies to help you understand the potential cost of Medicare Supplement insurance plans. We used five zip codes to sample rates from around the country. Each quote assumes the beneficiary is a 65-year-old male, a 65-year-old female, and a nonsmoker.
Average Cost By Company
| Company | Plan | Lowest Rate | Highest Rate | Gender | State |
|---|---|---|---|---|---|
| Aetna | F | $236.74 | $381.46 | Male | TX |
| United HealthCare | G | $146.40 | $202.01 | Female | TX |
| Aetna | N | $103.63 | $123.11 | Female | PA |
| Mutual of Omaha | High-G | $62.76 | $67.65 | Male | CA |
| Florida Blue (FL Residents Only) | F | $262.06 | $302.96 | Male | FL |
The factors used to determine your monthly premium:
- Zip code
- Current age
- Gender
- Smoker/nonsmoker
- Medicare Part A and Medicare Part B effective date
- Insurer’s rating strategy – community rating, Issue-age rating, attained-age rating
- Household discounts
The benefits offered by each Medicare Supplement plan are standardized, which means you get the same covered services regardless of your chosen insurer. What isn’t standardized are the rates that each insurance company may charge. For instance, you may pay more for Plan G with one insurer than another.
Use this information as a general guide rather than a rule book. For example, if you smoke, you can expect slightly higher premiums. Rates may vary for males as well, but not by much.
Average Cost of Medicare Supplement Plan G
For our sample quotes, the range for Medicare Plan G monthly premiums across all five zip codes was just under $118 to over $279.
Higher rates are exclusive to places like New York City, reflecting the higher cost of living in general in those locations. The higher end of the range in our samples was just over $200 per month.
| Company | Plan | Lowest Rate | Highest Rate | Gender | State |
|---|---|---|---|---|---|
| Aetna | G | $186.68 | $232.31 | Male | TX |
| Mutual of Omaha | G | $117.38 | $132.37 | Female | OH |
| Aetna | G | $178.85 | $208.03 | Male | PA |
| United Healthcare | G | $173.20 | $279.14 | Female | CA |
| Florida Blue (FL Residents Only) | G | $230.64 | $258.48 | Male | FL |
Medicare Plan G is the most comprehensive Medigap insurance policy available to all Medicare beneficiaries. It will cover most out-of-pocket expenses except the Part B deductible. That includes Part B excess charges, Part A deductible, skilled nursing facility benefits, and Medicare coverage for foreign travel emergency services.
Average Cost of High-Deductible Plan G
Our sample quotes delivered a range of $42 to $93 per month for high-deductible Plan G. Compare that to the range of nearly $118 to over $279 for standard Plan G.
Not all Medigap insurance companies offer high deductible plan options, so you have fewer options if you decide this is your best option.
| Company | Plan | Lowest Rate | Highest Rate | Gender | State |
|---|---|---|---|---|---|
| ACE | High Deductible G | $56.50 | $73.43 | Male | CA |
| Mutual of Omaha | High Deductible G | $42.06 | $93.84 | Female | TX |
| Aetna | High Deductible G | $54.23 | $88.70 | Male | PA |
| Cigna | High Deductible G | $67.65 | $73.43 | Male | CA |
| Humana | High Deductible G | $65.68 | $73.43 | Male | CA |
High-deductible Plan G is a good option if you don’t go to the doctor often and don’t expect your medical condition to worsen in the future. You may also choose this option if you have money to pay out-of-pocket costs until you reach your deductible each year. You have to consider your cash availability and the typical cost of a doctor’s visit in your area to determine the most cost-effective plan type for you.
High-Deductible Plan G offers the same benefits as standard Plan G, but you have to meet a higher annual deductible before the insurance company starts sharing your healthcare costs. That creates a more substantial out-of-pocket expenditure, but you will pay far less monthly plan costs.
Average Cost of Medicare Supplement Plan F
Our sample premium range for Plan F was $143 to nearly $514.
Medigap Plan F is only available to beneficiaries who were eligible to enroll in Medicare before January 1, 2020. We altered our search criteria to reflect that, so our sample quotes are for a female born in 1954 rather than 1957. Most Medicare beneficiaries currently enrolling in Medicare will not have the option to select this plan.
| Company | Plan | Lowest Rate | Highest Rate | Gender | State |
|---|---|---|---|---|---|
| Aetna | F | $236.74 | $381.46 | Male | TX |
| Mutual of Omaha | F | $143.24 | $183.59 | Female | OH |
| Aetna | F | $229.66 | $513.25 | Male | PA |
| United Healthcare | F | $222.00 | $366.94 | Female | CA |
| Florida Blue (FL Residents Only) | F | $262.06 | $302.96 | Male | FL |
If you have the option, Medicare Plan F is the most comprehensive Medigap plan ever offered. It includes all deductibles, coinsurance, copayments, and 80% of foreign travel emergency care. It’s the only plan that covers the Medicare Part B deductible because it is no longer legal for insurance policies to include that coverage. Most plans cover expenses for Medicare Part A.
Suppose you don’t qualify for Plan F and want the most comprehensive coverage possible. In that case, your next best option is Medigap Plan G. Notice that the premium range is higher for these plans than other popular options like Plan N. As a result, you pay more monthly but have very few out-of-pocket expenses on top of the premium.
Average Cost of Medicare Supplement Plan N
Our sample rate query returned a range of nearly $85 to just over $212. If you eliminate the higher rates in New York City, the upper end of the range is around $130. These premiums are similar to the rates for Plan G, which offers more comprehensive coverage.
The benefits for Plan N are similar to Plan G, but your policy won’t cover the Part B deductible or any excess charges. While Medicare Part B coinsurance is covered, you will pay a small copayment of up to $20 for office visits and up to $50 for emergency room visits. The ER copay is waived if you’re admitted into the hospital.
| Company | Plan | Lowest Rate | Highest Rate | Gender | State |
|---|---|---|---|---|---|
| Aetna | N | $116.54 | $145.46 | Male | TX |
| Mutual of Omaha | N | $84.49 | $130.98 | Female | OH |
| Aetna | N | $119.29 | $137.88 | Male | PA |
| United Healthcare | N | $146.32 | $212.58 | Female | CA |
| Florida Blue (FL Residents Only) | N | $190.05 | $190.05 | Male | FL |
The Cost of Your Medigap Policy May Also Depend on the Insurance Company
Did you notice a substantial gap between some of the lowest and highest monthly premiums in our rate comparison charts for each of the five Medigap plans? Insurance companies are the reason for the wide gap in many Medigap plans.
So, let’s look at some factors that can make a difference in your monthly premiums.
Discounts
Some insurers discount their policies to encourage a certain category of subscribers or a particular buying habit.
Some good examples are discounts for the following:
- Non-smokers
- Married couples
- Yearly payments
- Automatic payments
- Multiple active policies
Underwriting
You have guaranteed issue rights If you enroll in a Medicare Supplement plan during your Open Enrollment Period. The insurance company cannot legally use medical underwriting to determine your monthly premium. You may face medical underwriting, and thus potentially higher rates, when enrolling outside the open or a special enrollment period.
Medicare SELECT Plans
You can get lower rates by enrolling in a Medicare SELECT plan. These plans require you to use providers from a restricted network, but they can decrease your premium significantly when available.
High-Deductible Options
High-deductible Medigap plans offer much lower rates for the same benefits. The catch is that you will have a higher deductible, which increases your out-of-pocket expenses. In addition, the overall price range of plans from a particular provider can drop significantly if the provider offers high-deductible plans.
Which Medicare Supplement is The Cheapest?
Cheapest Medicare Supplement Plans & Their Benefits
The cheapest Medicare Supplement (Medigap) plans vary based on location, age, gender, tobacco use, and the insurance company. However, in most states, Medigap Plan K and Medigap High-Deductible Plan G (HDG) are typically the most affordable options.
1. Medigap Plan K (Low Monthly Premium)
- Covers 50% of:
- Medicare Part B coinsurance/copayments
- First 3 pints of blood
- Part A hospice coinsurance/copayments
- Skilled nursing facility coinsurance
- Medicare Part A deductible
- Covers 100% of:
- Medicare Part A coinsurance & hospital costs (extra 365 days after Medicare benefits are used)
- Out-of-Pocket Limit (2024): $7,060
(After reaching this limit, Plan K pays 100% for covered services for the rest of the year.)
Why Choose Plan K?
- Low monthly premiums
- Helps with major expenses but requires more out-of-pocket costs upfront
- Ideal for those who want some coverage at a lower price
2. High-Deductible Plan G (HDG) (Low Monthly Premium)
- Same benefits as standard Plan G, but with a deductible of $2,800 (2025)
- Once the deductible is met, it covers:
- Medicare Part A deductible
- Part B coinsurance/copays
- Skilled nursing facility coinsurance
- Excess charges
- Foreign travel emergency (80% up to plan limits)
Why Choose High-Deductible Plan G?
- Lower premiums than regular Plan G
- Great for healthy individuals who don’t visit doctors often
- Provides strong coverage after meeting the deductible
Cost Comparison: Estimated Monthly Premiums in Texas
Below are estimated premiums for a 65-year-old, non-smoking female in Texas from four top carriers:
| Insurance Company | Plan K (Estimated Premium) | High-Deductible Plan G (Estimated Premium) |
|---|---|---|
| Aetna | $50–$70 | $40–$60 |
| Cigna | $55–$75 | $45–$65 |
| Mutual of Omaha | $60–$80 | $50–$70 |
| ACE | $45–$65 | $35–$55 |
Alternative Affordable Options
- Medigap Plan N: Slightly higher premium but has lower out-of-pocket costs than Plan K or HDG.
- Medigap Plan A: Basic benefits but may be cheap in some areas.
Important Notes
- Premiums vary based on age, gender, location, and tobacco use.
- Not all plans may be available in every area of Louisiana.
- Household discounts may be available with some insurers.
Which Medicare Supplement Plan Covers Everything?
No Medicare Supplement (Medigap) plan covers everything, but Plan F comes the closest. It covers all Medicare-approved out-of-pocket costs, including:
- Part A deductible
- Part B deductible
- Part A & B coinsurance
- Part B excess charges
- Skilled nursing facility coinsurance
- Foreign travel emergency (80%)
Limitations of Plan F
- Only available to those who became eligible for Medicare before January 1, 2020.
- If you became eligible after that date, you cannot purchase Plan F.
- Instead, Plan G is the closest alternative (it covers everything except the Part B deductible).
- Premiums tend to be higher compared to Plan G.
- Since Plan F covers everything, insurers charge more for it.
- Many find that Plan G + paying the small Part B deductible is more cost-effective.
Best Alternative if You Can’t Get Plan F
If you’re not eligible for Plan F, Plan G is the most comprehensive Medigap plan available today. The only difference is that you must pay the Part B deductible yourself ($257 in 2025).
Medigap Plan F vs. Plan G: Cost-Effectiveness Comparison
Since Plan F is no longer available to new Medicare beneficiaries (as of 2020), Plan G has become the most popular choice. However, those eligible for Plan F may wonder which is the better deal. Below is a breakdown of the differences.
Coverage Comparison
| Coverage Area | Plan F | Plan G |
|---|---|---|
| Medicare Part A Deductible | Covered | Covered |
| Medicare Part B Deductible | Covered | You Pay ($257 in 2025) |
| Medicare Part B Coinsurance | Covered | Covered |
| Part B Excess Charges | Covered | Covered |
| Skilled Nursing Facility Coinsurance | Covered | Covered |
| Foreign Travel Emergency (80%) | Covered | Covered |
Cost Comparison: Plan F vs. Plan G
Why Plan G is Often a Better Deal
- Plan F has higher premiums because it covers everything.
- Plan G has lower premiums and the only difference is that you pay the Part B deductible ($257 in 2025) yourself.
- Plan G can save you money if the annual premium difference between Plan F and Plan G is more than $240.
Example Cost Breakdown (2025)
| Plan | Monthly Premium | Annual Premium | Part B Deductible | Total Yearly Cost |
|---|---|---|---|---|
| Plan F | $200 | $2,400 | $0 (Covered) | $2,400 |
| Plan G | $150 | $1,800 | $240 | $2,040 |
💡 In this example, Plan G saves $360 per year!
Which Plan Should You Choose?
Choose Plan G if:
- Plan F’s premium is more than $240/year higher than Plan G.
- You don’t mind paying the Part B deductible out-of-pocket once a year.
Choose Plan F if:
- You prefer to have zero out-of-pocket costs (other than premiums).
- The premium difference between Plan F and G is less than $240/year (rare).
Bottom Line:
Plan G usually offers better value. Unless you find a low-cost Plan F, Plan G saves you money in most cases.
How to Save Money on Medicare Supplement Insurance
Medicare Supplement plans help cover out-of-pocket costs in Original Medicare, but premiums vary widely. If you’re looking to save money while keeping great coverage, here are some strategies to consider:
1. Shop Around for the Cheapest Company
Medigap benefits are standardized, meaning a Plan G from one company offers the same coverage as a Plan G from another. However, premiums can differ significantly. Shopping around and comparing rates can help you find the best deal.
2. Consider Changing Companies Annually
If you’re in good health and can pass medical underwriting, you may qualify for a lower premium by switching to a different Medigap provider. Rates tend to increase over time, so checking prices yearly could save you hundreds of dollars annually.
3. Consider a Lower-Premium Plan Option
Instead of a traditional Plan G, explore these alternatives:
- Plan N – Lower premiums than Plan G, but you pay small copays for doctor visits and ER visits, and it doesn’t cover excess charges.
- Plan K & L – These cost-sharing plans have lower premiums, but you share more of the costs. They come with an out-of-pocket maximum, providing financial protection.
- High-Deductible Plan G – Offers the same benefits as regular Plan G but requires you to pay a deductible ($2,800 in 2025) before coverage kicks in. The premium savings can be substantial.
By choosing a plan with cost-sharing or a higher deductible, you can reduce your monthly premiums while still protecting yourself from major expenses.
Final Tip: Work with an Independent Agent
Independent agents (like us) can compare multiple companies and help you find the best value for your needs. They can also advise you on underwriting requirements if you’re considering switching plans.
Medigap vs. Medicare Advantage Cost: A Real-Life Comparison
While Medicare Advantage plans often have lower monthly premiums, their copays, network restrictions, and prior authorizations can result in higher overall costs and less flexibility. Below is a comparison based on real-life scenarios:
| Scenario | Medigap Plan G | Medicare Advantage Plan |
|---|---|---|
| Monthly Premium | $150 – $250 | $0 – $100 |
| Doctor Choice | Any Medicare-accepting doctor nationwide | Limited network, referrals often required |
| Hospital Access | Any Medicare-accepting hospital | Restricted to in-network hospitals, prior authorization required |
| Out-of-Pocket Costs | Max $257 (Part B deductible) | Up to $8,850 annual out-of-pocket max |
| Copay for Specialist Visit | $0 | $40 – $60 per visit |
| ER Visit Cost | $0 | $90 – $150 per visit |
| Travel Coverage | Nationwide, even in different states | Limited emergency coverage only outside the network |
| Specialist Access | No referrals needed | Often requires referrals and approvals |
For example, John (age 70) was diagnosed with cancer. With Medigap, he saw an oncologist immediately and had treatments covered without additional approvals. His total annual costs were limited to his Part B deductible of $257.
Meanwhile, Susan (age 72), with a Medicare Advantage plan, had to wait weeks for prior authorizations, faced $50 copays per visit to her oncologist, and reached her $8,850 out-of-pocket maximum by the end of her treatment.
In conclusion, while Medicare Advantage may seem like the cheaper option initially, Medigap offers superior coverage, freedom of provider choice, and predictable costs, making it the best option for long-term healthcare security.
Ready to Learn More?
Choosing the right Medicare plan is not a decision that should be taken lightly. With Policy Guide’s assistance, you will have access to the knowledge and expertise of professional agents who can help you compare different health plans, quotes, and policies to ensure that you make an informed decision.
Let us guide you through this process so that your chosen plan best suits your needs.
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