What Are the Best Medicare Supplement Plans in Florida?
What Are the Best Medicare Supplement Plans in Florida?
Find Cheap Medicare Plans in Your Area
For most Medigap plans, we recommend AARP/UnitedHealthcare (UHC) because of its affordable rates in Florida, few policyholder complaints and many included extras, such as dental discounts. However, if you want a good value, consider Plan N from Mutual of Omaha or cheap coverage from United American.
- $194 per month
- 75% fewer complaints than average
- $150 per month
- 89% fewer complaints than average
When choosing the best Medicare Supplement (Medigap) plan in Florida, you'll need to select both a good insurance company and the plan that has the best coverage to meet your needs.
What's the best Medicare Supplement company in Florida?
The overall best Medigap provider in Florida is AARP/UnitedHealthcare.
AARP/UnitedHealthcare plans are usually cheap in Florida, which could be one of the reasons it's the most popular provider in the state, with 55% of all policies.
However, the best Medicare Supplement company also depends on the plan letter you're considering. For example, the company that's the best deal for Plan F won't necessarily be best for Plan N or Plan G.
Plan F cost
Plan N cost
|Mutual of Omaha||1%||$259||$150||5.0||A+|
Comparison of the top seven companies with the largest market share in Florida. Costs are the average monthly rate in Florida for a 65-year-old female nonsmoker. Popularity is the market share percentage in Florida by premiums. Customer satisfaction is based on the rate of complaints for each company's Medigap division.
Remember that Medigap coverage is standardized by plan letter. The medical benefits you get with one company will be the same as what you get with another. And with most plans, there are no networks, so you can see any doctor that accepts Medicare. That makes it easy to compare companies based on cost and policyholder satisfaction.
Best overall: AARP/UnitedHealthcare
Average cost of AARP/UHC Medigap in Florida:
- Plan F: $235
- Plan C: $233
- Plan B: $201
- Plan G: $194
- Plan A: $166
- Plan N: $164
- Plan L: $139
- Plan K: $66
AARP/UnitedHealthcare Medigap plans in Florida are in the sweet spot between affordability and quality. For those aged 65, plans typically cost 14% less than the statewide average while also having a very low rate of complaints.
AARP/UHC offers a wide range of Medigap plans to choose from. Plans also include lots of extras, such as dental discounts, vision discounts and a 24-hour nurse line. Additionally, AARP/UHC is one of the few companies that offer Medigap Select Plans G and N, which can save you about 9% off the standard rates by limiting your coverage to in-network providers.
Moreover, it's a large, stable insurance company with a strong financial ability to pay claims. Plus, AARP/UHC ranks as one of the best Medicare Supplement companies nationwide.
Cheapest: United American Insurance Co.
Average cost of United American Medigap in Florida:
- Plan C: $269
- Plan D: $254
- Plan F: $250
- Plan B: $241
- Plan G: $236
- Plan A: $177
- Plan N: $151
- High-deductible Plan F: $54
- High-deductible Plan G: $54
United American Insurance Co. has the cheapest Medigap policies in Florida. Its high-deductible Plan F and Plan G cost only $54 per month for a 65-year-old woman who doesn't smoke. That's cheaper than other companies, which typically charge $70 to $100 for high-deductible plans.
Choosing a high-deductible plan is a good way to keep your monthly costs low, and it protects you from very high medical costs because if you only have Original Medicare, you won't have any cap on your medical expenses. However, there is a downside because you'll have more out-of-pocket costs for medical care until you meet the plans deductible of $2,700.
For those who want a standard Medigap plan that doesn't have a high deductible, United American's rates are not the best, and we recommend AARP/UnitedHealthcare, which is more affordable.
And, importantly, United American has about twice as many complaints from Medigap policyholders as the industry average. But for those who want cheap rates, this trade-off may be worth it.
Best value: Mutual of Omaha Medigap Plan N
Average cost of Mutual of Omaha Medigap in Florida:
- Plan F: $259
- Plan G: $205
- Plan A: $189
- Plan N: $150
- High-deductible Plan G: $78
Medigap Plan N from Mutual of Omaha (United World Life Insurance) offers a very good deal on coverage in Florida. It costs $150 per month, which is cheaper than the Plan N statewide average of $176 per month. Plus, Mutual of Omaha has a very low rate of complaints. Although Mutual of Omaha is not very popular in Florida, it's the fourth-largest Medigap provider in the country.
Keep in mind that you won't get as many extra perks with Mutual of Omaha as you will with an AARP/UnitedHealthcare plan. But for shoppers on a budget, the straightforward coverage can be a good deal because Plan N has medical benefits that are nearly as good as Plan G.
With Plan N, you'll still have some out-of-pocket costs for medical care, but the monthly savings may make it worth it. For example, Mutual of Omaha's Plan N is $55 cheaper per month than the company's Plan G.
Best prices as you get older: Florida Blue Medigap
Average monthly cost of Florida Blue Medigap for a 65-year-old versus an 80-year-old female nonsmoker:
- Plan F: $243 / $351
- Plan C: $239 / $347
- Plan D: $222 / $329
- Plan G: $214 / $316
- Plan B: $208 / $265
- Plan M: $206 / $298
- Plan N: $202 / $307
- Plan A: $175 / $203
- Plan L: $140 / $208
- Plan K: $82 / $122
Paying more at age 65 for Florida Blue Medigap Plan A, B, C, F or L can help you save overall because of lower prices as you age.
Even though Florida Blue (Blue Cross Blue Shield of Florida) charges slightly more than AARP/UnitedHealthcare for these five plans at age 65, you could save thousands of dollars over your lifetime because of slower age-based price increases. For example, at age 65, Plan A from Florida Blue costs $9 more per month than AARP/UHC. But at age 80, Florida Blue is cheaper than AARP/UHC by $63 per month.
Florida Blue also offers Plans D and M, which aren't offered by AARP/UHC in Florida.
Florida Blue is a popular Medigap provider, with 19% of the state's Medigap enrollment. In addition, Florida Blue has slightly better customer satisfaction than AARP/UHC. Florida Blue Medigap plans also offer a good collection of add-on benefits including SilverSneakers and the Blue365 program, which includes discounts on hearing aids, vision exams, eyewear, healthy meals, travel and more.
This makes Florida Blue a solid option overall, although not the best for Plans G, N and K, where AARP/UHC is a better deal.
How much does a Medigap plan cost in Florida?
A Medigap plan in Florida may cost between $46 and $884 per month, with the biggest pricing factors being your age and the plan you choose.
Monthly cost in Florida
Popularity in Florida (enrollment)
|Plan M||$213||Less than 1%|
|Plan A||$203||Less than 1%|
|Plan L||$160||Less than 1%|
|Plan K||$102||Less than 1%|
|Plan F, high deductible||$87||-|
|Plan G, high deductible||$73||-|
Rates are based on a 65-year-old female nonsmoker in Florida. Enrollment does not total 100% because of discontinued, waivered and pre-standardized plans that are not shown here. Enrollment in high-deductible plans is grouped together with their standard plan letter.
Find Cheap Medicare Plans in Your Area
Specifically, the cost in Florida averages $262 per month for Medigap Plan F and $176 per month for Medigap Plan N for a 65-year-old female nonsmoker.
Medicare Supplement plans in Florida have some of the most expensive rates in the country. A 65-year-old in Florida can expect to pay about 50% more for Medigap Plan G than the national average.
While many different plans are available, the most popular plans in Florida are the ones that have the most coverage: Plans F, G and N.
- Plan F is the most popular Medicare Supplement plan in Florida. It also has the best coverage available and costs an average of $262 per month. With 60% of Medigap policyholders in Florida choosing Plan F, it's even more popular than the 46% enrollment nationwide. However, Plan F is only available to those who were eligible for Medicare prior to 2020.
- Plan G is available to all enrollees, and it's the second most popular option in Florida. The cost of Plan G averages $228 per month. Coverage with Plan G is nearly as good as Plan F, but enrollees have to pay for the Medicare Part B deductible, which is $226 for 2023.
- Plan N has moderate costs in Florida, making it a good value for coverage. It's also somewhat popular, with 9% of enrollment. The typical cost of $176 per month covers most, but not all, medical expenses. You'll have to pay the $226 Medicare Part B deductible, some copayments for medical care and Medicare excess charges that may occur in rare situations.
- Plan K, which costs an average of $102 per month in Florida, is one of the cheapest plans, but it's not a popular option. In most cases the plan pays half of your portion of medical costs, often reducing your portion of medical costs from 20% of the bill to 10% of the bill.
- High-deductible Plan G is another option for cheap coverage, with monthly rates that average $73 in Florida. However, benefits don't kick in until after you've spent $2,700 on your medical care. The high-deductible plan provides catastrophic-style coverage if you have a significant, unexpected illness. Or, from a financial perspective, high-deductible Plan G is a better deal than the standard Plan G if it's at least $225 cheaper per month, or $2,700 cheaper per year.
Medigap Plan J (now discontinued) still accounts for 6% of Florida's Medigap enrollment, even though it has not been available to new enrollees since 2010. Plan J has even better coverage than Plan F, and it includes prescription drug coverage. In contrast, other Medigap enrollees must purchase a separate Medicare Part D plan for prescription coverage. However, Plan J duplicates coverage for preventive care and at-home recovery care, which are now covered by Original Medicare.
If you have Plan J and are considering switching, compare your options for Medigap Plan F and Plan G, with an added Medicare Part D plan.
How does age affect Medigap prices in Florida?
In Florida, insurance companies are allowed to use age to determine prices. That means you'll get the best prices at age 65, and you may see price increases each year. For example, a 90-year-old pays an average of $144 more per month for Plan G than a 65-year-old.
Across all plans in Florida, you can expect the monthly cost of a Medigap plan to increase by about $5 each year as you age. That's about a 20% increase each decade.
Medigap vs. Medicare Advantage in Florida
You can't be enrolled in a bundled Medicare Advantage plan and a Medigap plan at the same time. In Florida, about half of Medicare enrollees, 51%, choose a Florida Medicare Advantage plan. That's higher than the nationwide average of 42%.
However, within the state, the distribution of Medigap versus Medicare Advantage varies. For example, in Miami, 73% of residents have chosen Medicare Advantage, but in Fort Myers, it's only 43%.
When deciding between Medicare Advantage and Medigap, a bundled Medicare Advantage plan is usually simpler and cheaper. However, your medical costs may vary based on how much health care you need. In contrast, a Medigap plan usually has higher monthly costs than Medicare Advantage. But the benefit is that enrollees won't pay much for medical care, making Medigap a good deal for those who are managing chronic illnesses or who expect to need surgery.
Remember that most Medigap plans — unlike Medicare Advantage — do not have a provider network. You'll have coverage at any doctor that accepts Medicare. This makes them a great choice for frequent travelers and the many Florida residents who have second homes.
All Medicare Supplement policies are guaranteed renewable, so once you have a plan, you can't lose your coverage because of a health diagnosis.
However, the best time to sign up for a Medigap plan in Florida is during your initial enrollment period when you turn 65 or after you become eligible for Medicare because of a disability.
After initial enrollment, most people go through medical underwriting when signing up for a Medicare Supplement plan, meaning you can be denied coverage or charged higher rates if you have a medical condition.
If you need help choosing the best Medicare coverage for your needs, Florida SHINE is the State Health Insurance Assistance Program (SHIP) that provides free coverage counseling.
List of Medigap companies in Florida
Thirty companies sell Medigap plans in Florida.
- Aetna (Continental Life Insurance)
- Accendo Insurance (CVS)
- American Benefit Life Insurance Co. (Liberty Bankers)
- Atlantic Coast Life Insurance Co.
- Blue Cross and Blue Shield of Florida (Florida Blue)
- Capitol Life Insurance Co. (Liberty Bankers)
- Central States Health & Life Co. of Omaha (CSO)
- Colonial Penn
- Epic Life Insurance Co. (WPS Health)
- Federal Life
- Globe Life
- Great Southern Life Insurance Co.
- National Guardian Life Insurance
- National Health Insurance Co.
- New Era Life Insurance Co.
- Pan-American Life Insurance
- Physicians Life Insurance Co.
- Prosperity Life Group (S.USA)
- Royal Arcanum
- State Farm
- Union Security Insurance
- United American Insurance
- United World Life Insurance Co. (Mutual of Omaha)
- Wellcare (Centene)
Frequently asked questions
What's the average cost of a Medigap plan in Florida?
A Medicare Supplement plan in Florida usually costs between $150 and $250 per month for a 65-year-old female. For example, Plan G costs an average of $228 per month, and Plan N costs an average of $176 per month.
Are Medicare Supplement plans more expensive in Florida?
Yes, Florida is one of the most expensive states for Medigap, with Plan G costing about $100 more per month than the national average. Those with moderate medical needs usually get the best deal with Medicare Advantage. But those who want a better limit on medical costs can get the cheapest rates by signing up for Medigap during their initial Medicare enrollment period.
How much does Plan G cost in Florida?
On average, Medigap Plan G costs $228 per month in Florida. However, cheaper options are available. It costs an average of $194 per month for Plan G from AARP/UnitedHealthcare, our pick for the best Medigap company in Florida.
Can you switch Medicare Supplement plans without underwriting in Florida?
In most cases, you'll need to go through medical underwriting in Florida if you want to switch to Medigap or change your Medigap plan, which could mean higher monthly costs or being denied coverage because of a medical condition. However, you can avoid underwriting by signing up for a Medigap plan during your initial enrollment period or during situations such as moving outside of your current plan's service area or if the insurance company becomes insolvent.
What's the most popular Medigap plan in Florida?
Medigap Plan F is the most popular plan in Florida, with 60% of enrollment. This is followed by Plan G, which has 10% of enrollment. Both plans offer some of the best coverage available.
Does age affect Medicare Supplement prices in Florida?
Yes, Florida regulations allow insurance companies to set Medigap prices differently based on age groups, so enrollees see their costs increase as they age. On average, the cost of Plan G in Florida is $144 higher per month for a 90-year-old than for a 65-year-old.
Sources and methodology
The cost for Medicare Supplement plans in Florida is based on comprehensive actuarial data for all private insurers. Enrollment data is based on AHIP's report on the state of Medicare Supplement coverage and the Medicare Supplement loss ratio report from the National Association of Insurance Commissioners (NAIC).
Additional information was sourced from AM Best to assess financial strength, the NAIC to access the rate of complaints and Medicare.gov for general coverage details.
The customer satisfaction rating is a one-to-five score based on the NAIC complaint index of the company's Medigap division. The top score of 5.0 means the company received less than a quarter of the complaints that a typical insurer of its size would receive, and Humana's 1.0 rating means the company has more than three times as many complaints as a typical insurer of its size.
Customer satisfaction score
Number of complaints a company receives compared to a typical insurer of its size
|5.0 (top rating)||Over 75% fewer complaints than typical|
|4.5||50% to 75% fewer complaints than typical|
|4.0||25% to 50% fewer complaints than typical|
|3.5||0% to 25% fewer complaints than typical|
|3.0||An average rate of complaints|
|2.5||0% to 50% more complaints than typical|
|2.0||50% to 100% more complaints than typical|
|1.5||100% to 250% more complaints than typical|
|1.0||Over 250% more complaints than typical|
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