Medicare Supplement Insurance Cost in Florida
Picking the right Medicare Supplement insurance (Medigap) plan is an important decision for Florida residents who want to boost their Medicare coverage.
In this page, we'll break down the costs of Medicare Supplement plans in Florida and highlights some of the best options out there.
With so many providers and plans to choose from, it’s important to look at factors like:
- Pricing
- Coverage
- Rate Stability
- Provider Networks
We'll also show why we believe that Florida Blue is the top provider for Medigap plans in Florida.
Let's jump right in.
Average Cost of Medicare Supplement Plans in Florida
Below is a comparison of the various Medicare Supplement plans available in Florida and their monthly cost.
Medicare Supplement Plan G
If you're considering Medicare Supplement Plan G in Florida, you’re looking at one of the most comprehensive and cost-effective ways to enhance your Original Medicare coverage.
Plan G is widely regarded as the best value Medigap plan available today, offering nearly identical benefits to Plan F (which is no longer available to new enrollees) but with a lower premium and only one small out-of-pocket expense—the Medicare Part B deductible.
Plan G covers virtually all Medicare-approved costs that you’d otherwise be responsible for, including:
- Hospital stays
- Skilled nursing care
- Doctor visits
Plan G also protects you from excess charges, meaning that if your doctor charges more than Medicare allows, Plan G covers the difference.
With predictable costs and nationwide coverage at any provider that accepts Medicare, Plan G gives you financial peace of mind and easy access to great healthcare providers.
Average Monthly Premiums for Medicare Supplement Plan G in Florida
Below is a breakdown of the average monthly premiums from different insurance providers offering Plan G in Florida, along with insights into the unique benefits each company provides:
Summary:
When comparing average monthly premiums for Medigap coverage, American Benefit Life Insurance Company offers the lowest premium at $196.08, making it 11.7% cheaper than Mutual of Omaha at $197.61. It is also 15.5% cheaper than Aflac, which charges $206.52, and 17.8% cheaper than Medico Insurance Company, which charges $217.90.
Florida Blue has the highest premium at $234.10, making it 19.4% more expensive than American Benefit Life.
In terms of additional benefits, Florida Blue stands out with its broad provider network, comprehensive coverage, and reputation for rate stability.
Aflac offers optional dental, vision, and hearing coverage, while Mutual of Omaha includes wellness programs and discounts on health-related services.
United American Insurance Company offers strong financial ratings and experience in the Medicare market, while Medico Insurance Company provides competitive pricing with standardized benefits.
Who Should Consider Medicare Supplement Plan G?
If you're considering Plan G, it’s important to determine if it fits your health needs, financial situation, and lifestyle.
This plan is best suited for individuals who:
Want the most comprehensive coverage available to new Medicare enrollees - Since Plan F is no longer available to new Medicare beneficiaries, Plan G is the next best option. It offers nearly identical coverage without the high premiums.
Don’t want the restrictions of a Medicare Advantage plan - Medicare Advantage plans can come with network limitations, referrals, and prior authorizations, which may restrict your ability to see the specialists or doctors you prefer. With Plan G, you have complete freedom—no networks, no referrals, and no red tape.
Expect to use healthcare services regularly - If you anticipate seeing doctors frequently or require specialist care, Plan G offers a cost-effective way to manage medical expenses. Once you pay the small Part B deductible, you’ll have no further out-of-pocket costs for covered services.
Want peace of mind and predictable costs - With healthcare costs on the rise, Plan G offers stability and peace of mind. Unlike Medicare Advantage plans that can come with unexpected out-of-pocket expenses, Plan G keeps things predictable, making it a great option for anyone looking for financial security.
Our Top Pick for Medicare Supplement Plan G: Florida Blue
While Florida Blue is not the lowest-cost option, its premium remains competitive, and it stands out for its rate stability.
Unlike some providers that offer lower introductory rates but increase premiums unexpectedly, Florida Blue has a strong reputation for keeping costs predictable over time.
This stability can help policyholders avoid sudden price hikes, making it a reliable choice for those who value long-term financial planning alongside comprehensive coverage.
High Deductible Plan G
If you're looking for a cost-effective way to enhance your Medicare coverage, High-Deductible Medicare Supplement Plan G (HDG) is a great option. It provides the same comprehensive benefits as standard Plan G but at a significantly lower monthly premium.
The trade-off is that you must first meet a higher annual deductible before the plan starts covering expenses.
For many healthy individuals who don’t expect frequent medical expenses, HDG offers an affordable way to maintain strong Medicare coverage while keeping premiums low.
Average Monthly Premiums for High-Deductible Plan G in Florida
Below is a breakdown of the average monthly premiums from different insurance providers offering HDG in Florida:
Who Should Consider High-Deductible Plan G?
High-Deductible Plan G (HDG) is a great option for Medicare beneficiaries looking for lower monthly premiums while still maintaining strong coverage.
However, because it requires you to meet a deductible before full coverage kicks in, it’s best suited for individuals who:
Are in good health and rarely visit the doctor - If you don’t anticipate frequent medical expenses, HDG allows you to save significantly on monthly premiums while still having comprehensive coverage when needed.
Prefer lower premiums with some out-of-pocket responsibility - The lower cost of HDG makes it an attractive choice for budget-conscious individuals who can comfortably cover occasional healthcare costs until the deductible is met.
Want a safety net for major medical expenses - While you must pay the deductible upfront, HDG provides full coverage for Medicare-approved expenses after that threshold is reached.
Our Top Pick for High Deductible Plan G: Cigna
When comparing High-Deductible Plan G (HDG) options in Florida, Cigna offers the most competitive premium, making it the most cost-effective choice for beneficiaries.
How Cigna Compares in Pricing
Cigna’s monthly premium for HDG ranges between $58 - $65, which is:
- Up to 15% lower than American Benefit Life Insurance Company ($46 - $95)
- Up to 15% lower than Aflac New Era Life Insurance Company ($46 - $95)
- Up to 48% lower than United American Insurance Company ($75 - $107)
- Up to 48% lower than Mutual of Omaha ($75 - $107)
- Up to 15% lower than Medico Insurance Company ($46 - $95)
Cigna offers up to 25% premium discounts, including household discounts if a spouse or a family member applies. They offer similar benefits, such as the Healthy Rewards program, that Florida Blue offers.
With potential annual savings of hundreds of dollars, Cigna the best choice for cost-conscious individuals who still want reliable Medicare Supplement coverage.
Medicare Supplement Plan F
Medicare Supplement Plan F is the most comprehensive Medigap plan, covering 100% of all Medicare-approved costs, including both Part A and Part B deductibles. However, it is only available to beneficiaries who became eligible for Medicare before January 1, 2020.
Who Should Consider Medicare Supplement Plan F?
Medicare Supplement Plan F has long been considered the gold standard for Medigap coverage, offering the most comprehensive benefits available.
If you qualify, Plan F remains the best option for those who:
Were eligible for Medicare before January 1, 2020 - Plan F remains the most comprehensive Medigap option, covering 100% of Medicare-approved expenses.
Want complete coverage with no out-of-pocket expenses - Plan F eliminates all deductibles, copays, and excess charges, meaning you never have to pay for covered medical services.
Prefer simplicity and predictable healthcare costs - Ideal for those who want financial stability and don’t want to worry about unexpected medical bills.
Our Top Pick for Medicare Supplement Plan F: Florida Blue
Florida Blue offers the best combination of affordability, comprehensive coverage, and long-term rate stability.
While some competitors may have slightly lower introductory prices, Florida Blue’s strong reputation, superior customer service, and extensive provider network make it the top choice for Medicare Supplement Plan F in Florida.
How Florida Blue Compares in Pricing
Florida Blue’s monthly premium for Plan F is $301.60, which is:
- 11% higher than American Benefit Life Insurance Company ($269.82)
- 5% lower than Mutual of Omaha ($317.65)
- 4% higher than Aflac ($289.46)
- 21% lower than Medico Insurance Company ($364.37)
- 34% lower than United American Insurance Company ($403.00)
Medicare Supplement Plan N
Medicare Supplement Plan N is a cost-effective Medigap option for individuals who want solid coverage while keeping premiums lower. This plan provides comprehensive benefits similar to Plan G but requires small copayments for certain services.
Plan N is a great choice for those who don’t mind some out-of-pocket costs in exchange for lower monthly premiums.
Who Should Consider Medicare Supplement Plan N?
Medicare Supplement Plan N is a great choice for individuals who want lower monthly premiums while still maintaining strong coverage.
Unlike Plan G, Plan N includes small copays for some medical services, making it a cost-effective alternative for those who:
Want lower monthly premiums - Plan N costs less than Plan G while still offering great coverage.
Are comfortable with small copayments - Expect to pay up to $20 for doctor visits and $50 for ER visits (waived if admitted), but these minor expenses can lead to significant savings on premiums.
Rarely visit doctors who charge excess fees - If you only see doctors who accept Medicare-approved rates, Plan N can help you avoid paying higher premiums while still covering most medical expenses.
Want predictable coverage with no networks - Plan N, like all Medigap plans, allows you to see any doctor nationwide who accepts Medicare, giving you freedom and flexibility to receive care without network restriction.
Which Medicare Supplement Plan Is the Cheapest?
If you're looking for the most cost-effective Medicare Supplement (Medigap) plans in Florida, two notable options are Medigap Plan K and High-Deductible Plan G.
Both plans offer lower premiums compared to other Medigap options by incorporating cost-sharing features or higher deductibles.
Medigap Plan K: Lower Premiums With Cost-Sharing
Medigap Plan K is designed to provide essential coverage while keeping monthly premiums affordable through cost-sharing mechanisms.
In Florida, premiums for Plan K start at approximately $92 per month.
Key Features of Plan K:
Coverage: Plan K covers 50% of several Medicare costs, including Part B coinsurance or copayments, the first three pints of blood, Part A hospice care coinsurance or copayments, skilled nursing facility care coinsurance, and the Part A deductible. Notably, Plan K covers 100% of Part A hospital coinsurance and coinsurance for preventive services.
Out-of-Pocket Limit: Plan K has an annual out-of-pocket limit, which is $7,220 in 2025. Once this limit is met, the plan covers 100% of approved costs for the rest of the year.
Remember:
The cost-sharing structure of Plan K results in lower monthly premiums but higher out-of-pocket expenses when accessing healthcare services.
This plan may be suitable for individuals who anticipate lower healthcare utilization and prefer reduced premium costs.
High-Deductible Plan G: Lower Premiums With a Deductible
High-Deductible Plan G offers the comprehensive benefits of standard Plan G but requires beneficiaries to meet a higher annual deductible before coverage begins.
In Florida, premiums for High-Deductible Plan G typically range between $50 and $90 per month, depending on the provider and location.
Key Features of High-Deductible Plan G:
Coverage: After meeting the annual deductible, the plan covers: Part A deductible, Part B coinsurance or copayments, skilled nursing facility care coinsurance, and foreign travel emergency care (up to plan limits).
Deductible Amount: As of 2025, the annual deductible for High-Deductible Plan G is $2,870. Beneficiaries must pay this amount out-of-pocket before the plan's coverage takes effect.
Remember:
The higher deductible results in lower monthly premiums, making this plan attractive to beneficiaries who prefer lower upfront costs and are comfortable with a higher deductible.
It's important to take a look at your healthcare needs and budget to see if this plan is the right fit for you.
Which Medigap Plan Is the Best?
Medicare Supplement Plan G stands out as the #1 choice for comprehensive healthcare coverage among Medigap plans.
Key Benefits of Plan G:
Comprehensive Coverage: Plan G covers all Medicare-approved expenses except for the annual Medicare Part B deductible. This includes the Part A deductible and coinsurance for hospital stays, Part B coinsurance or copayments for outpatient services, skilled nursing facility care coinsurance, and foreign travel emergency care (up to plan limits).
Predictable Out-of-Pocket Costs: After meeting the annual Part B deductible, beneficiaries typically face minimal additional expenses.
Nationwide Acceptance: Plan G is widely accepted by healthcare providers across the country, giving beneficiaries the freedom to choose their preferred doctors and specialists without network restrictions.
Guaranteed Renewability: As long as premiums are paid, Plan G cannot be canceled, ensuring continuous coverage regardless of health changes.
How to Save Money on Medicare Supplement Insurance
#1. Enroll During Your Initial Enrollment Period
Signing up for a Medigap policy during your six-month Medigap Open Enrollment Period, which starts the month you're 65 and enrolled in Medicare Part B, ensures access to any policy without medical underwriting.
This can secure lower premiums and comprehensive coverage, as insurers cannot deny coverage or charge higher rates based on health conditions during this period.
#2. Compare Rate Stability Among Insurers
Premiums for identical Medigap plans can vary significantly between insurance companies. It's crucial to research and compare not only the initial premium rates but also the rate increase histories of different insurers.
Choosing a company with a track record of stable and predictable rate adjustments can lead to substantial savings over time.
#3. Utilize Household Discounts
Many insurers offer household discounts when multiple members of the same household enroll in Medigap policies.
For instance, Florida Blue provides such discounts, which can reduce your monthly premiums. Make sure to inquire about these discounts when selecting a plan, as they can vary between companies and significantly impact overall costs.
Can I Change Medicare Supplement Plans Anytime?
Yes, but medical underwriting may apply unless you qualify for a guaranteed issue right. This means that if you switch Medigap plans outside of your initial enrollment period, insurers may evaluate your health history and charge higher premiums or deny coverage.
However, Florida Blue offers more lenient underwriting compared to competitors, making it easier for individuals to change plans when necessary.
If you're considering switching, working with an independent agent can help navigate your options and ensure a smooth transition.
Why We Like Florida Blue
Florida Blue has been a trusted provider in Florida for over 50 years, offering Medicare Supplement plans with strong financial stability, competitive pricing, and an extensive provider network.
Unlike newer companies entering the market, Florida Blue has built long-standing relationships with healthcare providers, ensuring seamless claims processing and reliable coverage.
Key Advantages of Florida Blue Medicare Supplement Plans:
- Comprehensive Coverage: Florida Blue offers a full range of standardized Medicare Supplement plans (A, B, C, D, F, G, K, L, M, and N).
- Rate Stability: Unlike some newer competitors, Florida Blue has a history of rate stability, helping seniors avoid unexpected premium hikes.
- Household Discounts: Eligible policyholders may receive discounts when enrolling with a spouse or household member.
- Seamless Claims Processing: As an established insurer, Florida Blue has efficient claims processing, reducing the hassle of out-of-pocket payments and paperwork.
- Portability for New Residents: Many retirees moving to Florida prefer Florida Blue because they were previously insured under Blue Cross Blue Shield plans in their home states, making the transition easier.
Florida Blue consistently delivers on all fronts, making it the top choice for Medicare beneficiaries in Florida.
Final Tip: Work With an Independent Agent (Like Policy Guide)
Florida Blue remains our top recommendation for Medicare Supplement insurance in Florida.
We know navigating Medicare Supplement options can be overwhelming, especially with varying costs, provider networks, and underwriting rules. That’s where working with an independent agent can make all the difference.
Why Choose Policy Guide?
Unbiased Advice – Unlike captive agents who only represent one insurance company, we compare multiple providers to find the best plan for your needs.
Expert Knowledge – With decades of experience, we understand rate trends, policy changes, and underwriting leniency to help you make an informed decision.
Personalized Service – Every Medicare beneficiary has unique healthcare and financial needs. We take the time to understand your situation and recommend the best Medigap plan accordingly.
Ongoing Support – Medicare rates and plans change over time. We continuously monitor the market to help you stay in the best plan year after year.
Take the Next Step
Whether you’re enrolling in a Medicare Supplement plan for the first time or considering a switch, Policy Guide is here to help.
Contact us today to compare your options and find a plan that fits your budget and healthcare needs.
FAQs
Plan G is widely considered the best option for new enrollees because it offers comprehensive coverage with only a small deductible. Florida Blue’s Plan G stands out due to its competitive pricing, strong financial stability, and large provider network.
The cost of a Medicare Supplement plan varies based on factors like age, location, and the insurer. In Florida, Plan G premiums typically range from $200 to $250 per month, while High-Deductible Plan G can cost between $50 and $90 per month. Florida Blue consistently offers some of the most stable and competitive rates in the state.
Both plans provide excellent coverage, but Plan N requires small copays for doctor visits and emergency room visits, while Plan G covers everything except the Part B deductible. Plan N is a great option for those who want lower premiums and are comfortable with occasional copays, while Plan G is ideal for predictable healthcare costs without additional expenses.
Yes, you can switch Medicare Supplement plans, but you may have to go through medical underwriting, which could result in higher premiums or denial based on your health. Florida Blue offers more lenient underwriting than many competitors, making it easier to upgrade to a more comprehensive plan like Plan G.
Yes! Florida Blue provides household discounts, meaning if you and another member of your household enroll, you may receive a lower monthly premium. They also offer additional wellness benefits like SilverSneakers, giving members added value beyond just medical coverage.
With over 20 years of experience, Mark Prip is a dedicated licensed Medicare insurance agent in Florida. His expertise lies in simplifying the Medicare coverage process by providing comprehensive education to beneficiaries.
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