Medicare Supplement Plan G Costs in 2026

Medicare Supplement (Medigap) Plan G has quickly become the most popular choice for retirees.

It offers nearly complete coverage of the gaps left by Original Medicare, giving beneficiaries predictable costs and nationwide freedom of choice.

But heading into 2026, Medicare beneficiaries are paying closer attention than ever to what they spend on coverage. After historic rate increases in 2025 – some as high as 50% in certain states – many policyholders are reviewing their Medigap options, comparing top Plan G carriers, and looking for ways to save without sacrificing benefits.

For example, new 2026 premiums for a 65-year-old nonsmoker highlight the wide variation by carrier and state. In Texas, Cigna comes in at $167 per month compared to Aetna’s $220, while in Florida, the same plan can range from $327 with Florida Blue to $449 with Aetna. Georgia shows similar differences, with Anthem GA offering $180 and Mutual of Omaha reaching $233.

Sample Monthly Premiums for Medicare Supplement Plan G (Age 65, Nonsmoker)

State	Cigna	Aetna	Mutual of Omaha	Blue Cross Blue Shield	Humana
Texas	$167	$220	$198	$179 (BCBSTX)	$185
Florida	$339	$449	$351	$327 (Florida Blue)	$247
Georgia	$198	$199	$233	$180 (Anthem GA)	$210
Alabama	$178	$233	$282	N/A	$197
California	$189	$307	$219	$198 (Anthem CA)	$313
New Jersey	$181	$240	$198	N/A	$245
Indiana	$143	$215	$144	$173 (Anthem IN)	$192

Cigna: A Top Pick for 2026
Cigna stands out as one of our top picks for 2026 thanks to its consistently low Medicare Supplement Plan G premiums. In states like Texas and Georgia, Cigna posts some of the most competitive rates available – $167 and $198 per month, respectively – beating or matching larger carriers while still offering strong nationwide coverage.

For cost-conscious retirees, Cigna’s pricing makes it a clear leader among Plan G options. In this guide, we’ll break down the rate increases, show sample Plan G monthly premiums across top carriers, and highlight our picks for the best options in 2026.

2025’s Historic Rate Increases

The year 2025 brought some of the steepest Medicare Supplement rate hikes ever recorded, with premiums rising anywhere from 8% to as high as 50% depending on the carrier and state.

These unprecedented increases caused significant financial stress for retirees who rely on Medigap coverage to keep their healthcare costs predictable.

The confusion was compounded by timing. While Medigap plans are not tied to the Annual Election Period (AEP), many beneficiaries were swept up in the wave of heavy Medicare Advantage advertising and assumed they needed to re-shop their Medigap coverage at the same time.

For many, this was their first real exposure to how dramatically Medigap rates can vary between carriers – even though the benefits remain standardized.

Compare Medigap Plan G Cost

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Why 2026 Is a Year of Rate Shopping

After the record-setting premium hikes of 2025, beneficiaries are entering 2026 with a sharper focus on cost.

More seniors now understand that while Plan G and Plan N offer identical benefits across all carriers, the premiums can vary dramatically from one company to another. This realization has created a surge in rate shopping, as retirees seek to avoid overpaying for the same standardized coverage.

Interest is especially strong in Plan G and Plan N, the two most popular Medigap options. Plan G remains the gold standard for comprehensive protection, while Plan N appeals to those willing to trade small copays for lower monthly premiums.

With both plans seeing heightened demand, comparisons between the two are becoming a central part of the decision-making process.

This environment has also increased the demand for agent guidance. Navigating a competitive marketplace with dozens of carriers can be overwhelming for beneficiaries, and trusted advisors are playing a key role in helping clients evaluate premiums, rate stability, and long-term value.

Why Medicare Supplement Plan G Premiums Vary by State and Carrier

One of the most confusing parts of shopping for Medicare Supplement (Medigap) coverage is seeing how different the premiums can be from one company to another, even though the benefits are 100% standardized.

With Plan G, every insurer is required to provide the same coverage. The only differences you’ll experience are in monthly cost, rate stability, and service.

The premiums shown above are just examples based on a 65-year-old nonsmoker. Your own rate may be higher or lower depending on factors like age, gender, ZIP code, tobacco use, and household discounts.

Premiums vary for several reasons:

• State regulations and markets. Some states, like Florida, have much higher average premiums than others due to healthcare costs and local insurance rules.
• Pricing methods. Carriers use different rating systems (attained-age, issue-age, or community-rated), which can affect how fast premiums rise as you get older.
• Discounts. Household or multi-policy discounts can make one carrier significantly cheaper than another for couples.
• Company strategy. Some insurers aggressively compete for new business with lower entry rates (like Cigna in many states), while others rely more on brand recognition and stability (like Mutual of Omaha).

The takeaway: these premiums are not your exact rates – they are only examples.

Two insurers offering the same Plan G could differ by $50–$100 monthly, depending on your personal details and location. Over time, that adds up to thousands of dollars in potential savings for the same coverage.

Final Thoughts

If you’re thinking about Medicare Supplement Plan G in 2026, the smartest step is to start comparing rates. The benefits are identical no matter which company you choose, but the premiums and future rate increases can look very different.

Begin by reviewing your current payment, then request personalized quotes from top carriers such as Cigna, Aetna, Mutual of Omaha, and Blue Cross Blue Shield.

As you look at your options, don’t just focus on the lowest monthly premium. Consider whether the company offers household discounts, how stable their rates have been in the past, and whether you feel confident in their reputation.

Once you’ve seen the full picture, you can enroll in the plan that gives you the right mix of affordability and long-term stability.

The key takeaway is simple: don’t overpay for identical coverage. Comparing your options today could save you thousands over time while still giving you the peace of mind that comes with Plan G.

At Policy Guide, we make this process easier. Our licensed agents work with top carriers, compare rates on your behalf, and explain the differences in plain language so you can make an informed decision.

Whether you want the lowest premium, the most stable company, or the right balance of both, we’re here to help you find the plan that fits your needs.

FAQs

• Why did Medicare Supplement rates increase so much in 2025?

  Rates jumped 8%-50% in some markets due to rising healthcare costs, higher claim utilization, and inflationary pressures. These increases left many beneficiaries shopping for lower-cost carriers heading into 2026.

• Are Plan G benefits the same with every company?

  Yes. Plan G is standardized by Medicare, so coverage is identical no matter which carrier you choose. The only differences are the monthly premium, rate stability, and service reputation of the company.

• How do Plan G and Plan N compare?

  Both are popular Medigap options. Plan G covers nearly all out-of-pocket costs except the Part B deductible, while Plan N has lower premiums but requires small copays and does not cover Part B excess charges.

• Can I switch Medigap plans at any time?

  Yes, you can apply for a new Medigap plan any time of year. However, unless you qualify for Guaranteed Issue rights, most carriers require health underwriting. That’s why shopping early – while you’re healthier – often leads to better options.

• Is Plan G better than Medicare Advantage in 2026?

  For many beneficiaries, yes. Plan G offers freedom of choice, nationwide access, and stable benefits that don’t change year to year. Medicare Advantage may have lower premiums, but it comes with networks, prior authorizations, and changing benefits, making costs less predictable over time.