Medicare Supplement Plan G
Medicare supplemental Plan G, also known as Medigap Plan G. Medicare Plan G is now
The best Medicare Supplement company is not the same for everyone. At Medicare Nationwide, we currently believe these are five important Medicare Supplement carrier groups to compare:
Our current ranking gives more weight to carrier reputation, financial strength, discount accessibility, and recent rate stability. While some carriers may have attractive pricing in certain ZIP codes, we are cautious about carriers that have shown more rate instability. Chubb-backed INA / ACE currently stands out because it combines strong brand reputation with competitive Medicare Supplement positioning in many markets.
The best choice still depends on your ZIP code, plan choice, pricing, discount eligibility, underwriting situation, and long-term needs. That is why Medicare Nationwide compares multiple carriers before making a recommendation.
Medicare Supplement plans, also called Medigap plans, are standardized by plan letter in most states.
That means a Plan G from one company provides the same standardized Plan G benefits as a Plan G from another company.
However, the companies are not all the same. The carrier you choose can affect:
This is why Medicare Nationwide does not simply recommend the same company to everyone.
A carrier may be very competitive in one state and less competitive in another. A company may look attractive because of a low starting rate, but that does not always mean it is the best long-term choice.
| Carrier Group | Best For | Main Caution |
|---|---|---|
| 1. Chubb-backed INA / ACE | Strong reputation, financial strength, and competitive positioning in many markets | Newer Medigap blocks should still be monitored over time |
| 2. Bankers Fidelity / Atlantic Capital Life | Competitive pricing and senior-market focus | Pricing and underwriting vary by state |
| 3. Medico / Wellabe | Ease of doing business and strong consumer interest | Recent rate activity should be reviewed carefully by state |
| 4. Medco / Cigna / HealthSpring | Strong household discount opportunities | Less compelling for single applicants who do not qualify for the discount |
| 5. Mutual of Omaha | Long-standing reputation, billing flexibility, and dental add-on opportunities | Rate increases and current premium should be reviewed carefully |
Medicare Nationwide currently ranks Chubb-backed INA / ACE as our #1 Medicare Supplement carrier group to compare because of Chubb’s strong reputation, financial strength, and overall carrier stability. While price still matters, we believe long-term value is more important than simply choosing the lowest first-year premium.
Chubb-backed INA / ACE also gives consumers another competitive option beyond some older Medicare Supplement carriers that have shown more rate instability in certain markets. Because Medicare Supplement coverage is often kept for many years, it is important to compare carriers based on more than the starting rate.
Another reason we rank Chubb-backed INA / ACE first is its discount structure. In many states, a roommate or household-style discount may be available, depending on eligibility and state rules. Chubb is not automatically the best choice in every ZIP code, but based on our current review, it deserves to be one of the first carrier groups consumers compare.
Chubb-backed Medicare Supplement options, including INA and ACE, are important to watch because they bring strong parent-company backing into the Medigap market. These carriers may appeal to consumers who want to compare newer Medicare Supplement options with strong financial backing.
However, newer carrier options should still be reviewed carefully. We want to understand the rate, household discount, market presence, and available history before assuming a carrier is the best long-term choice.
Related links:
Bankers Fidelity / Atlantic Capital Life remains one of the strongest carrier groups to compare because of its competitive pricing and senior-market focus. However, Medicare Nationwide still compares it against other Medicare Supplement carriers available in the applicant’s area before making a recommendation.
Related links:
Medico / Wellabe remains an important carrier group to compare because of consumer interest, operational experience, and ease of doing business. However, recent rate activity should be reviewed carefully by state before assuming Medico / Wellabe is the best long-term fit.
Related link: Medico Medicare Supplement Review
Medco / Cigna / HealthSpring can be very attractive when the household discount applies. In some markets, the household discount may be as high as 20%, which can materially reduce the premium. However, for applicants who do not qualify for the discount, these plans may be less compelling and should be compared carefully against other Medicare Supplement carriers available in the local market.
Related links:
Mutual of Omaha remains one of the most recognized names in Medicare Supplement insurance. Many consumers compare Mutual of Omaha because of its long-standing reputation, billing flexibility, and brand recognition.
Mutual of Omaha can be a strong fit in some situations, but we do not recommend choosing a carrier based on name recognition alone. The current premium and rate history still need to be reviewed against other carriers offering the same standardized plan.
Related link: Mutual of Omaha Medicare Supplement (Medigap) Review
We are keeping the video on this page because it gives you a chance to hear directly from Eric and understand how we think about Medicare Supplement companies.
However, carrier recommendations change over time. New carriers enter the market, household discounts change, rate increases happen, and underwriting rules can shift.
For that reason, the written article below reflects our current thinking. The video is helpful for getting to know us, but the written list should be treated as the updated carrier discussion.
Disclaimer: The article is more up to date on current market trends than the video.
At Medicare Nationwide, we do not look at Medicare Supplement companies only by name.
We review several practical factors, including:
A low price can matter, but it is not the only thing that matters.
We also want to understand whether a carrier has enough market presence, whether its past increases have been reasonable, whether the underwriting rules are workable, and whether the client may have flexibility to move later if another carrier becomes more attractive.
Many consumers focus heavily on the insurance company name. That is understandable. Carrier reputation matters. But with Medicare Supplement insurance, the broker relationship can be just as important as the initial carrier selection.
A Medicare Supplement policy is not usually a “set it and forget it” decision. Rates can change. New carriers may enter your state. Existing carriers may adjust household discounts. Your health may affect whether you can move later. Some states have special birthday rules or guaranteed issue opportunities.
At Medicare Nationwide, our goal is not just to help you pick a carrier today. Our goal is to help you understand your options over time.
That may include:
The carrier matters, but the ongoing strategy matters too.
Medicare Nationwide is an independent Medicare insurance agency led by Managing Partners Jackson Edwards and Eric Rosenberg.
Jackson has been in the insurance industry since 2012 and has spent much of that time helping seniors find Medicare coverage that fits their needs. Eric is a CERTIFIED FINANCIAL PLANNER™ professional and licensed Life, Accident, and Health Insurance producer with experience in financial services and health insurance.
You can learn more about our team here: About Medicare Nationwide
We are not a captive agency representing only one carrier. We compare multiple Medicare Supplement companies so clients can better understand their options.
Our goal is to help consumers avoid choosing coverage based only on national advertising, name recognition, or misleading “too good to be true” quote examples.
Many people wonder whether it costs extra to work with an independent Medicare broker. It does not cost you an additional fee to use Medicare Nationwide for Medicare Supplement enrollment.
Independent brokers are generally compensated by the insurance company when a policy is written. The premium is not increased because you use Medicare Nationwide.
The writing agent number is simply the agent or agency attached to the policy. A captive agent, call center agent, or independent broker may all have a writing number with the carrier.
The difference is that an independent broker can compare multiple companies instead of showing only one carrier’s products.
So the question is not whether you pay more to use a broker. The question is whether you want someone helping you compare options across carriers instead of only being shown one company.
The carriers below are not part of our current Top 5 carrier groups, but consumers often ask about them. They may still be worth comparing depending on your area.
Aetna is a major national insurance name. Consumers may also see related names such as Accendo or Continental Life. Aetna may be competitive in certain markets, but it should be compared based on actual premium, discount, rate history, and underwriting.
Related link: Aetna Medicare Supplement Review
Consumers researching Physicians Mutual Medicare Supplement or Physicians Mutual Medigap should compare its Plan G and Plan N pricing against other carriers in their ZIP code, especially because carrier competitiveness can vary significantly by state.
Humana is one of the most recognizable Medicare brands. Many consumers know Humana from Medicare Advantage, but it may also come up in Medicare Supplement comparisons. Humana should be reviewed based on the actual quote and how it compares with other available Medigap carriers.
Related link: Humana Medicare Supplement Review
Aflac is a familiar insurance brand, so consumers sometimes ask whether Aflac Medicare Supplement plans are worth considering. Aflac may be worth quoting in some markets, but we would not recommend choosing it based only on name recognition.
Related link: Aflac Medicare Supplement Review
Medicare Supplement markets change.
A carrier that was not competitive several years ago may become competitive later. A newer carrier may enter a state with aggressive pricing. An older carrier may take larger rate increases. Household discounts may change.
This is why Medicare Nationwide continues to monitor the market. We do not want clients to assume that the carrier they chose years ago is automatically still the best fit today.
That does not mean switching is always appropriate. In many cases, staying with the current carrier may be the right decision. But when a rate increase happens, it can be worth reviewing the market to see whether better options exist.
When possible, we try to help clients preserve flexibility.
Medicare Supplement mobility means understanding whether a client may be able to move from one carrier to another in the future.
This depends on several factors, including:
A cheaper carrier today is not always the best choice if it creates issues later. At the same time, staying with a carrier forever may not be necessary if better options become available and the client can qualify.
Our goal is to help you understand the tradeoffs.
The carrier is important, but the plan letter still matters.
Plan G is one of the most popular Medicare Supplement options for people who want broad coverage and predictable out-of-pocket exposure. With Plan G, you are generally responsible for the Medicare Part B deductible. After that, Plan G helps cover the remaining Medicare-approved costs that fall under the standardized Plan G benefits.
Plan N may appeal to consumers who want a lower monthly premium and are comfortable with some cost-sharing. Plan N may include office visit copays, emergency room copays, and no coverage for Medicare Part B excess charges.
Plan F is generally only available to people who were eligible for Medicare before January 1, 2020. For eligible consumers, Plan F can provide very broad coverage. However, Plan F is not automatically the best value. Plan G or Plan N may still be worth comparing if the premium difference is significant.
Medicare Supplement insurance and Medicare Advantage are not the same thing.
A Medicare Supplement plan works with Original Medicare. Medicare remains primary, and the supplement helps cover certain out-of-pocket costs after Medicare processes an approved claim.
Medicare Advantage works differently. Medicare Advantage plans are private insurance plans that replace the way you receive Original Medicare benefits. These plans may include provider networks, service areas, copays, prior authorization, and plan-specific benefits.
You cannot have a Medicare Supplement plan and a Medicare Advantage plan at the same time.
With a Medicare Supplement policy, Original Medicare pays first.
In most situations:
For many covered services, this process is automatic. You usually do not need to file separate claims yourself for Medicare-approved services.
Medicare Supplement insurance can be an important part of your healthcare planning, but it does not cover everything. Depending on your situation, Medicare Nationwide may also help review other coverage options, such as:
Not everyone needs every product. The purpose is not to add coverage unnecessarily. The purpose is to make sure your insurance picture is reviewed thoughtfully, especially as your needs change.
A single carrier can explain its own products. That can be helpful, but it is limited.
Medicare Nationwide can help compare multiple carriers and explain why one option may be stronger than another.
We can help you review:
A carrier can tell you about its own policy. A trusted independent broker can help you compare the market.
Right now, we believe consumers should closely compare five Medicare Supplement carrier groups: Chubb-backed INA and ACE, Bankers Fidelity and Atlantic Capital Life, Medico and Wellabe, Medco, Cigna, and HealthSpring, and Mutual of Omaha.
We currently give Chubb-backed INA and ACE the strongest position because of Chubb’s reputation, financial strength, and discount accessibility in many markets. However, the right carrier still depends on your ZIP code, plan choice, discount eligibility, underwriting situation, billing preferences, and current pricing.
Questions? Medicare Nationwide can help you compare Medicare Supplement carriers and plan options available in your area. Call us at 1-888-559-0103 or schedule a call to review your options.
This appointment is meant to alleviate any concerns and there is no-cost or obligation to make a change.
Medicare Nationwide currently ranks Chubb-backed INA / ACE first because of Chubb’s strong reputation, financial strength, and competitive positioning in many Medicare Supplement markets. We are also paying close attention to recent rate instability from some other carriers. Chubb-backed INA / ACE is not automatically the best choice in every ZIP code, but it is currently one of the first carrier groups we believe consumers should compare.
Chubb-backed Medicare Supplement options may offer a roommate or household-style discount in many states, depending on eligibility and state rules. This can make Chubb more attractive for some individual applicants because the discount may be available with a qualifying roommate or household member rather than only through a spouse also applying. Discount availability and requirements should always be confirmed before applying.
There is no single best Medicare Supplement company for everyone. The best company depends on your location, plan choice, age, household discount eligibility, underwriting situation, premium, rate history, and long-term goals.
The standardized benefits are the same by plan letter in most states. A Plan G from one company provides the same standardized Plan G benefits as a Plan G from another company. The difference is the carrier, price, discount, rate history, billing, and service experience.
The company matters because premiums, household discounts, underwriting rules, billing options, rate history, financial strength, and customer service can vary.
A carrier can only explain its own products. Medicare Nationwide can compare multiple carriers and help you understand which option may make the most sense for your situation.
No. You do not pay an additional fee to use Medicare Nationwide for Medicare Supplement enrollment. Independent brokers are generally compensated by the insurance company when a policy is written.
No. Your premium is not increased because you use Medicare Nationwide. The writing agent number simply identifies the agent or agency attached to the policy.
We may review rate history, claims loss ratio when available, household discounts, market size, financial strength, underwriting rules, guaranteed issue language, billing options, and future mobility.
A mobility strategy means thinking about whether you may have the ability to move to a better carrier later if rates change or new options become available. This depends on your state, health history, underwriting, and guaranteed issue rights.
Yes. When appropriate, we can help review your Medicare Supplement coverage when rates change or when new market opportunities become available. Staying with your current carrier may still be best, but it is worth understanding your options.
Not always. A low premium matters, but it should be reviewed alongside rate history, discounts, financial strength, underwriting, and long-term value.
Plan G generally provides broader coverage and more predictable out-of-pocket costs. Plan N may have lower premiums but includes certain copays and does not cover Medicare Part B excess charges.
No. Plan F is generally only available to people who were eligible for Medicare before January 1, 2020.
Yes. These carriers may be worth comparing, but brand recognition should not be the only reason to choose a Medicare Supplement company. The better approach is to compare actual rates, discounts, plan availability, rate history, and long-term fit.
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