Best Medicare Supplement Plans in Florida 2024

See popular plan types, top companies and price comparisons for Medigap policies in Florida.
Alex Rosenberg
By Alex Rosenberg 
Updated
Edited by Holly Carey

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Florida has more than 5 million Medicare beneficiaries — it’s second only to California for total Medicare members

Centers for Medicare & Medicaid Services. Medicare Monthly Enrollment: October 2023. Accessed Feb 2, 2024.
. Of those, about 2.3 million have Original Medicare (Part A and Part B).

Floridians with Medicare Part A and Part B can purchase Medicare Supplement Insurance, or Medigap, to help cover certain out-of-pocket expenses like copays, coinsurance and deductibles left over after Medicare pays for covered services. Over 930,000 Floridians had Medigap coverage as of the end of 2022

National Association of Insurance Commissioners. 2022 Medicare Supplement Loss Ratios. Accessed Feb 2, 2024.
.

Here’s what you need to know about finding the best Medigap policy for you in Florida.

Compare Medicare Supplement plans in Florida

Insurance company
Plan types offered
NAIC complaint rate
Premium discounts available
Learn more
Best for Medigap plan options
AARP/UnitedHealthcare Medigap

UnitedHealthcare

GET A QUOTE
(800) 215-3128
A, B, C, F, G, K, L and N.Far fewer than expectedAverage

M-F 9am-9pm ET, Sa 10am-9pm ET

Speak to a licensed insurance agent on askchapter.org

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from askchapter.org

Best for member satisfaction
State Farm Medigap

State Farm

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(800) 215-3128
A, C, D, F, G and N.Far fewer than expectedBelow average

M-F 9am-9pm ET, Sa 10am-9pm ET

Speak to a licensed insurance agent on askchapter.org

GET A QUOTE

from askchapter.org

Best for premium discounts
Mutual of Omaha Medigap

Mutual of Omaha

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(800) 215-3128
A, F, G and N.Far fewer than expectedAbove average

M-F 9am-9pm ET, Sa 10am-9pm ET

Speak to a licensed insurance agent on askchapter.org

GET A QUOTE

from askchapter.org

Best for nationwide availability
Blue Cross Blue Shield Medigap

Blue Cross Blue Shield

GET A QUOTE
(800) 215-3128
A, B, C, D, F, G, K, L, M and N.Close to expectedAverage

M-F 9am-9pm ET, Sa 10am-9pm ET

Speak to a licensed insurance agent on askchapter.org

GET A QUOTE

from askchapter.org

Most popular Medicare Supplement Insurance plan types in Florida

There are 10 standard Medigap plan types available in Florida (Plan C and Plan F aren’t available for new Medicare members), but enrollment is concentrated in just a handful of plans. The three most popular plan types cover more than 81% of Florida’s Medigap members.

These are Florida’s three most popular Medicare Supplement Insurance plan types

:

  • 57% have Medigap Plan F — the most comprehensive coverage of any Medigap plan.

  • 15% have Medigap Plan G — the highest-coverage option available to new Medicare members.

  • 10% have Medigap Plan N — a plan with lower premiums but higher copays.

🤓Nerdy Tip

Medigap Plan F isn’t available to Medicare beneficiaries who became eligible for Medicare on or after Jan. 1, 2020. Medigap Plan G is the most similar option that’s available to all Medicare beneficiaries.

Top Medicare Supplement Insurance companies in Florida

Medigap plans are regulated by the government, but they’re sold by private insurance companies. Here are Florida’s five most popular Medicare Supplement Insurance companies as of the end of 2022

National Association of Insurance Commissioners. 2022 Medicare Supplement Loss Ratios. Accessed Feb 2, 2024.
:

Insurance company

Share of Florida Medigap members

53.5%.

17.9%.

3. United American Insurance Company

11.6%.

4. Bankers Life

4.5%.

1.4%.

*Florida Blue is an independent Blue Cross Blue Shield company.

Medicare Supplement Insurance prices in Florida

It’s worth comparing companies to find the lowest price for your chosen plan. The benefits of each Medigap plan are standardized, so you get the same Medicare benefits regardless of the company you choose.

Here are prices for Medigap Plan G and Plan N, the most popular plans available for new Medicare members, from the five Medigap companies with the most members in Florida.

The table below shows price estimates for a 65-year-old female nonsmoker in Jacksonville, Florida, as filed with the Centers for Medicare & Medicaid Services

Centers for Medicare & Medicaid Services. Find a Medigap Policy That Works For You. Accessed Feb 2, 2024.
. (Note: Some Medigap prices may be higher for males.)

Insurance company

Plan G monthly premiums

Plan N monthly premiums

AARP/UnitedHealthcare

$194.

$166.

Bankers Life

$198.

$154.

Humana

$212.

$159.

Florida Blue

$214.

$177.

United American Insurance Company

$224.

$151.

For reference, here are the lowest premiums available from any company for the two plans in Florida, according to the Medicare plan finding tool:

  • Medigap Plan G: $177 per month.

  • Medigap Plan N: $132 per month.

Medicare resources in Florida

Medicare Supplement Insurance providers

Get more information about some of the major health insurance companies that sell Medigap plans.

Find the right Medicare Supplement Insurance plan

Because Medigap plans are standardized, you can get precisely the same Medicare benefits from any company offering the plan. So when you shop, keep these considerations in mind to find the best policy to fit your needs:

  • Is your preferred plan available? Health insurance companies don’t always sell every plan, so check who sells the plan you want to buy in your area.

  • What are the premiums? Prices for the same plan can vary between companies, so check to find the most competitive rates.

  • Will your premiums change over time? Most policies cost more as you age, but some companies offer policies that let you lock in a price when you sign up.

  • Are there extras? Medigap plans’ core benefits are standardized, but in certain cases, some companies include such perks as discount programs or gym memberships.

If you have additional questions about Medicare, visit Medicare.gov or call 800-MEDICARE (800-633-4227, TTY 877-486-2048).

Looking for more insurance in Florida? Check out these resources:

Still deciding on the right carrier? Compare Medigap plans

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