The bottom line: If its prices are good where you live, State Farm is my go-to pick for Medicare Supplement Insurance. It gets NerdWallet’s top scores based on minimal complaints and reasonable year-over-year price increases.
State Farm’s prices are sometimes fantastic, but they can vary a lot by location. There aren’t discounts to be had — but it’s the final price that ultimately matters. And while competitors offer more perks, I’d avoid paying too much attention to the little side benefits.
45+ Medicare companies and brands analyzed by our team of experts.
30+ years of combined experience covering Medicare and personal finance.
Governed by NerdWallet's strict guidelines for editorial integrity.
NerdWallet’s Medicare content, including articles, reviews and recommendations, is produced by a team of writers and editors who specialize in Medicare. Their work has appeared in The Associated Press, Washington Post, Nasdaq, MSN, MarketWatch, Yahoo! Finance and other national and regional media outlets. They have been cited in publications including Healthline, and appeared on NerdWallet's "Smart Money" podcast.
State Farm Medicare Supplement Insurance plans
State Farm doesn’t offer as many Medigap plan types as other companies — but it’s got the important ones that most people buy (Plan G and Plan N). These higher-coverage plans are generally your best bet.
If you want just the basics, there’s also Plan A. And Plan D sits somewhere in the middle in terms of price and coverage.
Plan C and Plan F are available if you became eligible for Medicare before 2020. But if you’re newer to Medicare, companies can’t sell you these plans anymore.
State Farm’s plans offered in Minnesota and Wisconsin fit each state’s respective standards. (Those states use a different Medigap plan system than most of the country.)
Cost for State Farm Medicare Supplement Insurance
Sometimes very cheap, sometimes not so much
State Farm’s prices vary significantly by location. Sometimes they’re among the cheapest, but sometimes they’re less competitive. State Farm’s prices for Medigap Plan G were about 28% higher than the least expensive company we review, on average. Prices for Plan N were about 31% higher.
The tables below show companies’ lowest prices from Medicare.gov, including any available household discounts. Rates might vary based on factors like age, sex, location and household status.
We compare prices in three cities. Each city has different average Medigap premiums:
Los Angeles: Higher costs.
Atlanta: Average costs.
Dallas: Lower costs.
We use Plan G and Plan N for price comparisons. New Medicare members usually pick one of those plan types.
The sections below show price estimates filed with the Centers for Medicare & Medicaid Services. Prices are for a 65-year-old female nonsmoker. (Note: Some Medigap prices may be higher for males.)
Our tables compare the company’s prices to the cheapest alternative among the companies NerdWallet reviews. Those companies cover nearly 90% of all Medigap beneficiaries.
Why we compare prices the way we do
In short, I want to use realistic prices when rating companies. Comparing prices among the companies we review is a way to exclude outliers, which might not stay cheap (or in business) over time.
I’m in my fifth year reviewing Medicare Supplement Insurance companies for NerdWallet. During that time, I’ve noticed that smaller companies with super-low prices often don’t stick around for long.
For example, I looked back at price quotes I analyzed in March 2024. Seven of what had been the 10 cheapest Plan G companies in Dallas are gone as of July 2026. Many of those were smaller companies we don’t review. But 12 of the 13 companies I reviewed in 2024 are still there in 2026, so they’re a more stable and realistic set to compare.
Plan G
State Farm price | Cheapest reviewed competitor | |
|---|---|---|
Los Angeles | $191. | $191. |
Atlanta | $207. | $140. |
Dallas | $189. | $138. |
Plan N
State Farm price | Cheapest reviewed competitor | |
|---|---|---|
Los Angeles | $146. | $146. |
Atlanta | $158. | $102. |
Dallas | $128. | $93. |
State Farm Medigap discounts
Not offered (but prices might be low anyway)
Some Medicare Supplement Insurance companies might offer premium discounts to qualifying enrollees. Examples could include discounts for bundling, autopay or living with another adult.
Unlike most competitors, State Farm doesn’t advertise Medigap premium discounts. But that’s not always a disadvantage, as sometimes State Farm still has the lowest premiums. Compare your options based on the final price, regardless of whether a discount is involved.
More Nerdy Perspective
Is State Farm a good Medicare Supplement Insurance company?
Yes, State Farm is a good Medigap option for many people — as long as its prices are good in your area. If State Farm's premiums are high where you live, also consider HealthSpring (formerly Cigna). Or if other plan types and perks are important to you, take a look at AARP/UnitedHealthcare. In any case, it’s a good idea to compare quotes from several companies, either on your own or with help from a licensed agent or broker.
Yes, State Farm is a good Medigap option for many people — as long as its prices are good in your area. If State Farm's premiums are high where you live, also consider HealthSpring (formerly Cigna). Or if other plan types and perks are important to you, take a look at AARP/UnitedHealthcare. In any case, it’s a good idea to compare quotes from several companies, either on your own or with help from a licensed agent or broker.
Alex Rosenberglead writer covering MedicareCompare against other providers
🔍 AARP/UnitedHealthcare Medigap
» More options in our roundup of the best Medicare Supplement Insurance companies
Compare against other providers
🔍 AARP/UnitedHealthcare Medigap
» More options in our roundup of the best Medicare Supplement Insurance companies
State Farm Medicare Supplement price increases
Premiums rise slower than average
It can be difficult or even impossible to switch Medigap plans or companies after your Medigap open enrollment period because of medical underwriting. If you might stick with the same company for decades, it’s a good idea to consider how its prices change over time.
In the past three years of analyzing Medigap price changes, I found that State Farm’s premiums went up an average of 3.7% per year. That’s lower than any other company we reviewed, based on the quotes we compare from several sample locations.
State Farm member complaints
35% fewer complaints than average
I analyze companies’ complaint rates to get a sense of whether they might be awful to work with.
State Farm’s complaint rates are great. Its members file complaints 35% less often than the average for all Medigap companies. That's according to 2023 to 2025 data from the National Association of Insurance Commissioners.
NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC.
State Farm’s spending on care
82.7% for member benefits
State Farm Medigap plans spent about 82.7% of premiums on member benefits, according to the most recent year of data. (The other 17.3% went to overhead expenses like administrative costs, marketing, salaries and commissions.)
That’s a reasonable number, if a smidge below the all-company average of 84.5%.
The medical loss ratio (MLR) is the percentage of premiums a company spends to pay members’ claims.
If the number is relatively low (down in the 70s), I might wonder why the company isn’t spending more on the benefits its members are paying for.
But if the number is very high (around 90% or higher), the company might not turn a profit after expenses. In that case, I worry that it might cut back on Medigap plans or stop offering them altogether.
Additional benefits
Not offered
Medigap plans have standardized Medicare benefits, but insurance companies can offer additional perks. Examples include free gym memberships and discounts on hearing aids and glasses.
Unlike many competitors, State Farm doesn’t offer similar extras with its policies. But I don’t recommend giving this much weight in your shopping decisions. Major factors like prices and complaint rates are much more important.
State Farm Medicare Supplement Insurance service area
State Farm offers Medicare Supplement Insurance in 45 states and Washington, D.C. (State Farm doesn’t offer Medigap policies in Connecticut, Massachusetts, New Jersey, New York or Rhode Island.)
State Farm covers over 100,000 Medigap beneficiaries. It has about a 0.8% share of the total Medicare Supplement Insurance market.
Compare Medicare Supplement Insurance companies
Get more information below about some of the major Medicare Supplement Insurance companies. These insurers offer Medigap plans in most states, but specifics may vary depending on your location.
About State Farm
State Farm, headquartered in Bloomington, Illinois, was founded in 1922 to provide auto insurance to rural customers. Its lines of business have since grown to include home, business, life, health and disability insurance, as well as banking, investing and other financial services. Medicare Supplement Insurance is State Farm’s only Medicare product.
Find the right Medicare Supplement Insurance plan
Because Medigap plans are standardized, you can get precisely the same Medicare benefits from any company. 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).
Best overall
- Complaint rates far below the market average.
- Small annual price increases.
- Few discounts or health and wellness perks.
- High premiums in some locations.
NerdWallet writers are subject matter authorities who use primary, trustworthy sources to inform their work, including peer-reviewed studies, government websites, academic research and interviews with industry experts. All content is fact-checked for accuracy, timeliness and relevance. You can learn more about NerdWallet's high standards for journalism by reading our editorial guidelines.
- 1.Centers for Medicare & Medicaid Services. Find a Medigap Policy That Works For You. Accessed Jul 20, 2026.
- 2.National Association of Insurance Commissioners. Company Complaint Index. Accessed Jul 20, 2026.
- 3.National Association of Insurance Commissioners. 2024 Medicare Supplement Insurance Experience Reports. Accessed Jul 20, 2026.
Medicare Supplement Insurance ratings methodology
NerdWallet’s Medicare Supplement Insurance (Medigap) ratings are based on pricing, discounts, plan types offered, complaint data from the National Association of Insurance Commissioners, consumer experience, additional perks and benefits, and more. To calculate each health insurance company's rating, we adjusted the scores to a curved 5-point scale, rounded to the nearest half star.
NerdWallet reviewed 13 Medicare Supplement Insurance companies based on highest enrollment and greatest online search volume. We review companies covering nearly 87% of all Medigap beneficiaries in the United States. At the state level, our research includes the two largest Medigap insurance companies in 45 out of 50 states, plus Washington, D.C. We cover at least one of the two largest Medigap companies in every state.
These ratings are a guide, but we encourage you to shop around and compare several insurance quotes to find the best coverage and rate for you. NerdWallet does not receive compensation for any reviews. Read our editorial guidelines and full ratings methodology for Medicare Supplement Insurance.
Insurer complaints methodology
We examined complaints received by state insurance regulators and reported to the National Association of Insurance Commissioners. To assess how insurers compare to one another, the NAIC calculates a complaint index each year for each subsidiary, measuring its share of total complaints relative to its size, or share of total premiums in the industry. To evaluate a company’s complaint history, we calculated a similar index for each insurance company, weighted by market shares of each subsidiary. We score companies based on this index of how many complaints the company receives relative to its market share. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC.
Compare Medigap plans
Insurance company | NerdWallet rating | Plan types offered | NAIC complaint rate | Annual price increases | Learn more |
|---|---|---|---|---|---|
BEST OVERALL | |||||
(855) 432-0512 / TTY 711 M-F 9AM-9PM, Sat 10AM-6PM ETSpeak to a licensed insurance agent on askchapter.orgon NerdWallet | 5.0/5 | A, C, D, F, G and N | Far fewer than expected | Lower than average | (855) 432-0512 / TTY 711 M-F 9AM-9PM, Sat 10AM-6PM ETSpeak to a licensed insurance agent on askchapter.orgon NerdWallet |
BEST FOR LOW PRICES | |||||
 (855) 432-0512 / TTY 711 M-F 9AM-9PM, Sat 10AM-6PM ETSpeak to a licensed insurance agent on askchapter.orgon NerdWallet | 4.5/5 | A, F, G and N | Far more than expected | Lower than average | (855) 432-0512 / TTY 711 M-F 9AM-9PM, Sat 10AM-6PM ETSpeak to a licensed insurance agent on askchapter.orgon NerdWallet |
BEST FOR PLAN AVAILABILITY | |||||
 (855) 432-0512 / TTY 711 M-F 9AM-9PM, Sat 10AM-6PM ETSpeak to a licensed insurance agent on askchapter.orgon NerdWallet | 4.3/5 | A, B, C, F, G, K, L and N | Fewer than expected | Higher than average | (855) 432-0512 / TTY 711 M-F 9AM-9PM, Sat 10AM-6PM ETSpeak to a licensed insurance agent on askchapter.orgon NerdWallet |
 (855) 432-0512 / TTY 711 M-F 9AM-9PM, Sat 10AM-6PM ETSpeak to a licensed insurance agent on askchapter.orgon NerdWallet | 4.3/5 | A, F, G and N | Close to expected | Lower than average | (855) 432-0512 / TTY 711 M-F 9AM-9PM, Sat 10AM-6PM ETSpeak to a licensed insurance agent on askchapter.orgon NerdWallet |