Medicare Supplement Plan G

Medicare Supplement Plan G is one of the ten plans sold by private insurers offering Medicare Supplement Insurance (also known as Medigap). Medicare Supplement Insurance refers to policies that provide some relief from out-of-pocket expenses incurred under Original Medicare (Part A and Part B).

What Does Medicare Supplement Plan G Cover?

Here’s what Plan G covers, according to

  • Doctor visits, outpatient care, and durable medical equipment.
  • Medicare Part A deductible for each benefit period.
  • Part B coinsurance (20% of the Medicare-approved amount) or copayment (generally a fixed amount for the service).
  • Medicare Part B excess charges (unless you live in a state where Part B excess charges are prohibited).
  • Coinsurance and hospital charges up to 365 days beyond the point when Medicare benefits are exhausted.
  • Hospice care coinsurance or copayment.
  • Skilled nursing facility care coinsurance.
  • The first three pints of blood required for a transfusion.

Medigap Plan G pays 80% of the covered cost of foreign travel emergency care, with the following conditions:

  • Emergency care has to begin during the first 60 days of your trip.
  • The emergency services rendered must be medically necessary.
  • A separate deductible is required, apart from your Medicare Part B deductible.
  • The plan limits lifetime coverage on foreign travel emergency care to $50,000.
Compare Plan G Rates

What Does Medicare Supplement Plan G Cost?

On average, you can expect to pay between $100 and $200 per month for Plan G. Some insurance companies may offer high-deductible Plan G, which provides much lower premiums and a significantly higher annual deductible.
Below is a monthly average for Plan G for various ages and locations:
Company Plan Lowest Rate Highest Rate Gender State
Aetna G $144.86 $184.00 Male TX
Mutual of Omaha G $104.07 $149.25 Female OH
Aetna G $151.94 $178.00 Male PA
United Healthcare G $147.52 $241.57 Female CA
Florida Blue (FL Residents Only) G $193.60 $208.00 Male FL
Rates are subject to Medicare Part B start date and/or medical underwriting.

The price (or premium) for a Medigap policy is determined by the insurance company that offers each policy. Therefore, it is prudent to ask a licensed insurance agent about the pricing approach adopted by each insurance company offering Medicare Supplement Insurance in your area.

Here are examples of how you can lower your Medigap Plan G premium:

  • Take advantage of discounts the insurer may offer for the following: non-smoker status, annual premium payments, authorizing automatic payments, and bundling multiple insurance policies under one carrier.
  • Purchase a high-deductible Plan G. For 2024, the annual deductible is $2,800.
  • Enroll during your Medigap Open Enrollment Period to avoid medical underwriting and higher monthly premiums due to health issues.

How and When to Enroll in Plan G

You may enroll in Medicare Plan G after enrolling in Medicare Part B, assuming you are at least 65 years old. Once you enroll in Part B, you have six months to buy a Medigap policy. That six-month period is known as your Medigap Open Enrollment Period. During that period, you have guaranteed issue rights that ensure the insurance company accepts you into the plan of your choice without medical underwriting due to preexisting conditions.

You will get the lowest premiums on Plan G if you enroll during your Open Enrollment Period. Outside of that period, the insurance company will ask questions regarding your health and may deny you coverage.

Guaranteed issue rights apply if you:

  • Have a Medicare Advantage plan no longer offering coverage in your area
  • Move to a location that your Medicare Advantage plan or Medicare SELECT plan (a specific type of Medigap policy) does not cover
  • Have group coverage through an employer or union that is ending
  • Are within the one-year trial period given after switching from Medigap to an alternative Medicare plan (in other words, you may switch back to Medigap within one year)
  • Live in a state where Medigap protection is mandated based on age and/or disability

Why Consider Plan G?

Original Medicare requires coinsurance, copayments, and deductibles that can add up quickly, and there is no out-of-pocket maximum. Medicare Supplement Insurance Plan G offers peace of mind that covered costs will not become excessive.

If you were new to Medicare on or after January 1, 2020, Plan G offers the most coverage of all Medigap plan options. (For enrollees eligible before 2020, Plan F was the most comprehensive plan available; however, Plan F is no longer available to newly eligible Medicare beneficiaries.)

Ready to Learn More?

Choosing the right Medicare Supplement plan is not a decision that should be taken lightly. With Policy Guide’s assistance, you will have access to the knowledge and expertise of professional agents who can help you compare different health plans, quotes, and policies to ensure that you make an informed decision. We are here to guide you through this process so that your chosen plan best suits your individual needs.

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Mark Prip

Since 2003, Mark Prip has been leading  Policy Guide, Inc., providing knowledgeable information about Medicare, life insurance, and dental coverage to clients in over forty states. With his unparalleled hands-on experience aiding countless Medicare beneficiaries in selecting an appropriate health plan, he is a prime example amongst other competitors for expertise and assistance. Mark has held his Florida Health & Life Insurance License (E051889) since 2003. View his license profile on the Florida Department of Insurance website.