Medigap Insurance Pricing for 2023
Medigap programs are intended to fill the holes in "traditional" Medicare coverage (Medicare Part A and Medicare Part B). These policies are standardized, which means the coverage is consistent from one organization to the next. The plans follow the federally structured Medigap coverage map in all but three states (MA, WI, and MN).
Despite the fact that coverage is universal, rates vary greatly from one organization to the next. In other words, a Plan G with one company could cost as much as $100/month more than a Plan G with another company, despite the fact that the plan scope and functionality are identical.
Medigap Insurance Costs
The cost of Medigap insurance is dictated by where you live, your age, and your gender. The table below displays the latest (early 2021) prices for the three most popular policies in ten different areas of the country from the company offering the lowest premiums. These Medigap prices are monthly rates for a 65-year-old female and do not include any discounts that other companies which provide, such as household, autopay, or other discounts.
Also Read: Tips For Choosing The Right Medigap Plans
| PLAN G | PLAN N | PLAN HDG | |
|---|---|---|---|
| Grand Rapids, MI | $97.43 | $76.92 | $31.91 |
| Evansville, IN | $97.50 | $75.92 | $30.35 |
| Trenton, NJ | $127.58 | $96.46 | $47.06 |
| Seattle, WA | $184.84 | $145.40 | $53.76 |
| Prescott, AZ | $104.58 | $80.92 | $36.69 |
| Topeka, KS | $106.58 | $82.17 | $32.33 |
| Denver, CO | $118.00 | $88.13 | $46.61 |
Medigap prices fluctuate over time, so it's a good idea to compare them annually or at least bi-annually to ensure you're getting the best price on your chosen plan.
For more information about Medigap
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