Which Medigap G Plan Should I Choose

Happy retired couple discussing which Medigap Plan G Options they would like to go with.

As of 2020, there were nearly 60 million Americans enrolled in Original Medicare and Medicare Supplement Plans. The reason so many people have chosen to also enroll in Medicare Supplement Plans – also known as Medigap plans – is because they cover the gaps in your medical bills that Original Medicare doesn’t cover, like copays or deductibles for Part A or Part B.

There are 12 Medigap plans on the market, though only 10 are available to enrollees. Of these 10, Medigap Plan G has skyrocketed in popularity due to its comprehensive coverage. Plan G fills in nearly every gap that Original Medicare leaves behind, except it does not pay your Part B deductible, which is $203 for 2021.

So many Medicare beneficiaries choose Medigap Plan G policies because it is cost-effective and offers broad coverage. However, finding a plan you like is only one part; you then have to find a plan provider as well. This article is a compilation of some of the best Plan G providers around, and hopefully, this list will help guide you in choosing the company you wish to do business with. Each plan listed serves at least 40 states, so there is a good chance you live somewhere where these plans are offered.

Humana:

Pros:
  • Easy-to-use website
  • Extra benefits such as their SilverSneakers program
Cons:
  • You may not need all of the extra benefits, such as help paying for eye and dental care.

Humana is consistently a top choice for people looking to enroll in Medigap Plan G. Part of the reason people love their Humana plans is because Humana offers numerous extra benefits for its policyholders. One extra that Humana offers is a plan called SilverSneakers, which gives discounts on vision and prescriptions. Humana also has a 24-hour nursing hotline, and policyholders have access to Humana Transplant Centers—which help you navigate the complex world of transplant care.

Additionally, Humana plans also come with savings programs for eye exams. They also offer a wellness rewards program called Go365, which gives rewards when you complete healthy lifestyle actions such as getting the flu shot or working out.

As far as the Plan G policy itself goes, Humana offers the standard Plan G and the high-deductible Plan G. Standard Plan G has higher premiums that will vary by location, while high-deductible Plan G has lower monthly premiums in exchange for a higher deductible. The care and benefits of both plans are the same.

AARP:

Pros:
  • Easy-to-use website
  • Centralized information – no need to search the web for hours
Cons:
  • No additional benefits

Even though AARP does not have additional benefits like Humana, they do offer the easiest way to compare plan prices. Using their website, just enter your ZIP code, and they will show you all of the plans available to you. Be it all of the various Medigap plans in your area or Medicare Advantage plans, you can view and compare offers without having to open multiple tabs or re-enter your information after every search.

In order to look at a list of all available Supplemental Plans, you will be prompted to enter other information such as your birthday, effective start dates of your Medicare Parts A and B, and the date you’d wish to start your Medigap plan.

Though AARP does not offer insurance itself, it is an incredible insurance resource and offers insurance plans through its subsidiary UnitedHealthcare.

AARP logo as one of Medigap Plan G Options
Even though AARP does not have additional benefits like Humana, they do offer the easiest way to compare plan prices.

Aetna:

Pros:
  • Household discount available
  • Easy to compare plans
Cons:
  • No extra benefits
  • Must call to purchase a plan

Aetna is another insurance giant offering Medigap Plan G policies, among many other options. One of the most significant benefits of choosing an Aetna plan will be competitive prices. Because the company is so large and operates in so many states, they have competitive price measures for standard Plan G and high-deductible Plan G.

Aetna also offers a household discount. The amount of the discount will vary from state to state, but if you are married, in a civil partnership, or have continuously resided with the same person for at least the last 12 continuous months, then you should qualify for the discount. Aside from this household discount, Aetna plans do not come with any other additional benefits.

Cigna:

Pros:
  • 24-hour Health Information line staffed by nurses
  • Offers a household discount in some situations
Cons:
  • No extra benefits
  • To receive a quote you must enter personal contact information

Cigna’s website has some helpful educational guidance on Medigap Plan G plans. Its website offers highly detailed coverage breakdowns for both standard and high-deductible Plan G. We’ve received good feedback from customers who appreciate the attention detail Cigna offers online.

Unfortunately, one downside to all of the great information and detail offered by Cigna is that to get a free quote, you must give them personal information such as age, gender, Parts A & B start date, and your current insurance situation. Additionally, you have to provide them with your email address and phone number, which means their representatives can contact you to talk about plans. Some people find this annoying at best or invasive at worst, considering asking for quotes is an early-stage rather than end-stage part of the insurance process.

Lastly, it is worth noting that household discounts are not available if you live in Hawaii, Idaho, Minnesota, and Vermont.

Mutual of Omaha

Pros:
  • Simple application process
  • Household discounts available
Cons:
  • No high-deductible plans are available

Simplicity is bliss, and that is what you get with Mutual of Omaha. Their website has an easily accessible chart so that you can visualize what is covered under Medigap Plan G. Additionally, they allow for fast plan comparisons that you don’t have to give up too much information to receive.

While the pricing for Mutual of Omaha is moderate, and they do offer a household discount in some areas, it’s their easy-to-navigate website and plan comparisons that people tend to like the most about Mutual of Omaha.

Conclusion of Medigap Plan G Options

Depending on where you live, you will have several providers to choose from when looking to purchase a Medigap Plan G policy. Each provider is a little bit different, and some offer a lot of benefits if you choose to enroll with them. To get more information about each provider, such as their rate increase history, feel free to contact one of our licensed agents to discuss Medigap Plan G providers and plans today.

Owner at Better Place Insurance Group at Better Place Insurance Group | Website | + posts

Experienced Insurance Advisor and financial planner. Graduated from Webber International University with a Bachelor of Science in marketing and a Masters in Business Administration. Skilled in Public Speaking, Team Building, Management, Marketing, Direct Sales, and Strategic planning.

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