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
Related Posts
Sat, Oct 17, 2020 12:46 AM
medicare serviceDoes Medicare Pay for Home Health Care?
Medicare is covered only by home health care services prescribed by a physician and delivered by qualified nurses, although patients must meet strict eligibility criteria.
Mon, Oct 19, 2020 5:16 PM
medicare serviceEasiest Way to Apply For Medicare
What is the easiest way to apply for Medicare? Well, you are in the right place! Most people were automatically enrolled and became eligible for Social Security when they turn to 65. We didn't need to apply for Medicare until President Reagan signed the legislation which raises the retirement age in 1983 and begins in 2003.
Mon, Oct 19, 2020 6:54 PM
medicare serviceCan You Claim Prescription Glasses on Medicare?
While eye care is a common need as we age, Medicare coverage is extremely restricted for most vision services. It is normally based on whether you encounter any medical problems that can impair your eyesight.
Tue, Oct 20, 2020 11:53 PM
medicare serviceWhat will it Cost You When you Join Medicare?
Many people believe that Medicare is free because, for much of their working life, you have paid into Medicare by taxes, but that assumption is not right.
Fri, Oct 23, 2020 8:44 PM
Medicare Part CGuide: Medicare Advantage 101
For those who are willing to sign up for Medicare, Medicare Advantage, also known as "Medicare Part C," is more of a catch-all option. Medicare Advantage services