MedigapWise: Smarter Medicare Supplement Choices for 2027

Key Takeaway

Every Medigap plan with the same letter covers the same benefits. The real difference is price, so comparing insurance companies is where you save.

➤ What are Medicare Supplement plans?

Medicare Supplement plans, also called Medigap, are private insurance policies that help pay costs Original Medicare leaves behind, such as deductibles and the 20% coinsurance on most doctor bills. They work only with Original Medicare, not Medicare Advantage.

➤ Which Medicare Supplement plan is most popular for new enrollees?

For people new to Medicare since January 1, 2020, Plan G offers the most complete coverage. After you pay the Part B deductible, it covers Medicare-approved costs for the rest of the year. Plan N and High-Deductible Plan G are lower-premium alternatives.

➤ How much do Medicare Supplement plans cost?

Most people pay between about $120 and $270 a month, depending on the plan letter, age, ZIP code and insurance company. Plan G usually costs more than Plan N, and High-Deductible Plan G usually costs the least.

➤ When is the best time to buy a Medicare Supplement plan?

Your Medigap Open Enrollment Period, the 6 months that start the first month you are 65 or older and enrolled in Part B. During that window, insurance companies cannot turn you down or charge you more because of your health.

➤ Why do prices differ for the same Medicare Supplement plan?

Benefits are standardized by plan letter, but each insurance company sets its own premium. Price can depend on your ZIP code, age, tobacco use and how the company prices its plans, so comparing companies is where you save.

➤ Do Medicare Supplement plans cover prescription drugs?

No. Medicare Supplement plans sold today do not include drug coverage, so most people pair their plan with a separate Medicare Part D plan.

➤ Does comparing plans with MedigapWise cost anything?

No. Comparing plans with our licensed insurance agents is free, your premium is the same as buying directly from the insurance company, and you are never required to enroll.