Medicare Supplement Plan G Cost
Medicare Supplement Plan G is popular for its robust coverage, making it a top choice for those who want to minimize unexpected medical costs. However, this coverage comes at a higher monthly premium than plans with fewer benefits.
Let’s break down average rates, see how they vary, explore top carriers, and understand trends that impact premiums over time.
Medicare Plan G Premiums: National Snapshot
Below is a detailed price range for some of the most popular insurance companies offering Plan G. Rates vary significantly based on age, gender, tobacco status, and location.
| Carrier | Monthly Premium Range | Average Starting Premium (Age 65, non-smoker) |
|---|---|---|
| Aetna | $122 – $325 | ~$135 |
| Cigna | $155 – $210 | ~$140 |
| Mutual of Omaha | $125 – $290 | ~$150 |
| UnitedHealthcare | $150 – $300 | ~$160 |
| Humana | $140 – $260 | ~$145 |
| Blue Cross Blue Shield (varies by state) | $150 – $300 | ~$150 |
Note: These ranges reflect 2025 data and can change yearly. States with higher healthcare costs (e.g., New York, Florida, California) typically show premiums on the higher end.
Example Premium Chart by Age and Gender (Attained-Age Rated)
Below is a hypothetical example of how monthly premiums for Plan G can increase as you age. Rates shown are for non-smokers in Florida.
| Age | Male | Female |
|---|---|---|
| 65 | $225 – $325 | $200 + |
| 70 | $275 -$350 | $260 + |
| 75 | $275 – $350 | $290 + |
| 80 | $340 – $400 | $320 + |
This highlights why it’s important to understand which pricing method is used. These are sample rates; call to get exact rates for your situation.
Top Companies for Plan G: Features & Strengths
Aetna
- Strengths: Affordable entry rates, strong brand reputation.
- Considerations: Rate increases can be steeper in certain states after a few years.
Cigna
- Strengths: Competitive initial pricing, strong household discounts.
- Considerations: Some states have higher renewal rates; underwriting can be stricter.
Mutual of Omaha
- Strengths: Strong financial stability, reliable customer service.
- Considerations: Starting premiums are slightly higher, but rate stability is generally good.
UnitedHealthcare
- Strengths: Largest Medigap enrollment, excellent nationwide accessibility, brand trust.
- Considerations: Higher premiums, but lower-than-average rate increases historically.
Humana
- Strengths: Balanced premiums and broad availability.
- Considerations: Local pricing can vary widely.
Rate Increase Trends for Plan G
When choosing a Medigap Plan G policy, you’re not just locking in today’s rate; future rate increases are crucial.
Typical Annual Increase
Nationally, average Plan G premiums rise about 3% to 6% annually. However, some states and carriers have seen up to 10% jumps.
Drivers of Increases
- Age rating: Attained-age plans increase as you age, plus company-wide adjustments.
- Medical inflation: Rising healthcare costs affect all carriers’ claims expenses.
- State regulations: Community-rated states (e.g., New York) have higher base premiums but fewer age-related increases.
Historical Examples
- In the last five years, Mutual of Omaha has averaged around 4% annual increases, making it one of the most stable among major carriers.
- Aetna and Cigna have had more variable increases (3–8%), depending on local claims experience.
- UnitedHealthcare often maintains more minor annual adjustments, around 2–4%, offset by higher initial premiums.
How Are Plan G Premiums Set?
Medicare Supplement insurers use three pricing methods:
- Community-rated (no age-rated): Everyone pays the same regardless of age.
- Issue-age-rated: Premium is based on the age when you first enroll and doesn’t increase due to aging, only due to inflation or company-wide changes.
- Attained-age-rated: Premium is based on current age and increases as you get older — the most common method.
Understanding which method is used is vital when planning for long-term affordability.
What Does Plan G Cover? (Quick Recap)
- Medicare Part A coinsurance & hospital costs (extra 365 days)
- Medicare Part B coinsurance & copayments
- Part A hospice care coinsurance
- Skilled nursing facility coinsurance
- Part A deductible
- Part B excess charges
- First three pints of blood
- Foreign travel emergency coverage (80%, up to plan limits)
What’s Not Covered?
- Medicare Part B deductible ($257 in 2025)
- Prescription drugs (need a separate Part D plan)
- Dental, vision, and hearing
When to Enroll
- Best time: Medigap Open Enrollment (6-month window starting when you turn 65 and enroll in Part B).
- Outside this window: Medical underwriting is required, and rates may be higher or you may be denied coverage.
Conclusion: How to Choose
Choosing a Plan G carrier isn’t just about the lowest price today — it’s about projected increases, stability, and company reputation.
Key tips:
- Compare at least 3–5 top carriers.
- Consider long-term rate projections.
- Review the pricing method carefully.
- Work with a licensed agent to forecast future rates.
Need Personalized Help?
Call one of our Medicare specialists to get tailored Plan G quotes and future rate projections for your area. We’ll compare each carrier’s historical increases and help you find the most stable, cost-effective option.