Quick Answer: How Much Does Medigap Plan G Cost?

The short answer for “how much does Plan G cost” is “it depends on where you live, how old you are and what gender you are”.

In most areas of the country, Plan G prices start at around $90-110/month.

However, there are some states that are lower and some that are much, much higher.

How Much Does Medicare Plan G cost?

Cost of Supplemental Medicare Insurance (Medigap)

Medigap PlanAverage Monthly Premium3
F (High Deductible)$68
G$290
K$129
L$236

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What is the deductible for Plan G in 2019?

According to AHIP, in 2016, 55% of those with Medigap policies had Plan F or its high-deductible version. Plan G is one notch down from that. It covers eight of the nine benefits. The individual is responsible for the Part B deductible, which is $185 in 2019.

Does Medicare supplement plan g cover prescriptions?

No, Medicare Plan G does not cover prescriptions. No Supplement insurance plan covers prescriptions. Most beneficiaries who have Original Medicare with a Medicare Supplement plan will enroll in a stand-alone Part D prescription drug plan to cover the cost of their prescriptions.

Do Medicare supplement premiums increase with age?

The premium is based on the age you are when you buy (are “issued”) the Medigap policy. Premiums are lower for younger buyers and won’t change as you get older. Premiums may go up because of inflation and other factors. Premiums may also go up because of inflation and other factors.