Medicare Supplement Plan G in Florida
Medicare Supplement Plan G in Florida stands out among the ten Medigap plans available as the most comprehensive option. This plan effectively fills the gaps in Original Medicare with its extensive coverage—rates for Plan G range from as low as $193.00 to as high as $400.00 per month.
When considering Plan G, comparing rates and exploring top Medigap providers is essential to find the right option for your healthcare needs.
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Highlights
- Plan G offers comprehensive coverage in Florida, minimizing out-of-pocket expenses.
- Among 30 companies in Florida, Aflac offers the most competitive rates for Plan G.
- More than 150,000 individuals in Florida have chosen to enroll in Plan G. Rates for Plan G range from as low as $193.00 to as high as $400.00.
Which Providers Offer the Best Plan G Prices in Florida?
Our research found that Aflac offers Florida’s best Medigap Plan G rates.
There are thirty Medigap providers in Florida, which can be overwhelming. To help simplify your decision-making process, we have identified the top companies. Aflac, Allstate, Florida Blue, Mutual of Omaha, Aetna, ACE, and Cigna are excellent choices when finding Florida’s most affordable Medicare Supplement Plan G rates.
These companies offer monthly premiums ranging from $193 to $227.
Below is a comprehensive analysis of Florida’s leading Plan G companies, providing a detailed comparison to Plan N to highlight the difference in rates.
| Medigap Company | Market Share | Plan G Rates | Plan N Rates | Rate Increase (Last 5 years) | AM Best |
| Aflac | 0.03% | $193.36 | $140.67 | n/a | A+ |
| United World Health (Mutual of Omaha GRP) | 7.8% | $202.90 | $147.95 | 3.0% | A+ |
| Continental Life Insurance Company of Brentwood, Tennessee (Aetna) | 11.6% | $208.00 | $156.69 | 4.0% | A |
| ACE Insurance Company | 0.02% | $212.25 | $158.50 | n/a | A++ |
| Allstate Health Solutions | 0.01% | $213.48 | $162.43 | n/a | A+ |
| Florida Blue | 18.96% | $214.30 | $166.60 | n/a | A |
| Cigna Health Group | 15.66% | $216.08 | $149.29 | 3.2% | A |
| Accendo (CVS and Aetna affiliate) | 14.6% | $226.74 | $150.61 | 0.07% | n/a |
| Quotes are the average monthly rate for a 65-year-old male nonsmoker living in FL zip code 34787. | |||||
When searching for the ideal Medigap plan that fits your healthcare needs, it is imperative to consider and compare rates and benefits from various providers.
What Does Medicare Supplement Plan G Cover?
Medigap Plan G offers comprehensive coverage, including the cost of initial blood pints, Medicare Part A deductible, hospital costs, hospice care coinsurance, skilled nursing facility care, Part B excess charges, Part B coinsurance and copays, durable medical equipment, and foreign travel emergency care.
What’s NOT Covered by Plan G?
Medicare Plan G doesn’t cover Medicare Part B deductible or prescription drugs. Be aware of these limitations to make an informed decision and avoid unexpected expenses.
If prescription drug coverage is a priority, consider enrolling in a separate Medicare Part D plan.
Enrolling in Medicare Supplement Plan G
1. Medigap Open Enrollment Period
Obtaining Medicare Supplement Plan G in Florida is a straightforward process, but timing plays a crucial role. The ideal time to enroll is during the Medigap Open Enrollment Period, a six-month window that commences when you reach 65 and sign up for Medicare Part B. Within this timeframe, insurance companies are obligated to offer any plan they provide, irrespective of any pre-existing medical conditions you may have.
This ensures access to the most competitive pricing and guarantees acceptance for individuals.
2. Enrolling Outside the Medigap Open Enrollment Period
Enrolling in a plan outside the Medigap Open Enrollment Period has drawbacks. Insurance companies may consider pre-existing conditions, leading to higher premiums or denial of coverage. To avoid these issues, enrolling during the Medigap Open Enrollment Period is crucial to insure a smooth process and better healthcare protection.
Is Medicare Supplement Plan G the Best Medigap Plan?
Medigap Plan G is a comprehensive option for Florida Medicare beneficiaries, covering Part A and Part B coinsurance, hospital expenses, and skilled nursing facility care. Comparing coverage, rates, and benefits of other Medigap plans is crucial to find the best plan for your needs
Bottom Line
Medicare Supplement Plan G is an excellent choice for Florida residents enrolled in Medicare. If you’re looking for a plan that meets your healthcare needs while remaining affordable, take the time to compare Medigap rates and explore Medigap options from trusted insurance providers.
Policy Guide provides expert guidance for selecting the perfect Medicare plan. Our professionals help you compare the benefits and prices of different Medicare health plans, empowering you to make an informed decision.
Article Sources: Types of Plans | Aflac | Florida Blue | Mutual of Omaha Plan G | Allstate | Cigna
Frequently Asked Questions
- How much is Plan G in Florida?
- Does Plan G cover prescriptions?
- What is the difference between Medigap Plan F and Plan G?
