The bottom line: Whether Anthem is a good fit for you depends on where you live and what Medigap plan type you want. First, Anthem serves just 14 states, so it’s not an option for some. (Most of our picks for the best Medicare Supplement Insurance companies offer plans nearly nationwide.)
If you want Medigap Plan G — a good, high-coverage option for most people — Anthem’s low prices and reasonable year-over-year rate increases make it worth a look. But for Plan N — the other popular option for new Medicare members — Anthem’s premiums can be high.
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Anthem Medicare Supplement Insurance plans
Anthem offers just a handful of Medigap plan types. But its offerings include the important ones most people buy: Plan G and Plan N. One of these high-coverage plans is probably your best choice if you’re new to Medicare.
» MORE: Medigap Plan G vs. Plan N
There’s also Plan A, which offers just the basics but might be cheaper. And if you became eligible for Medicare before 2020, there’s Plan F. (But if you’re newer to Medicare, you can’t buy Plan F from any company. Plan G is the closest analog.)
Anthem’s plans in Wisconsin fit the state’s standards. (Wisconsin uses a different Medigap plan system than most of the country.)
Medicare Select policies add network requirements
In some locations, Anthem offers both standard and Medicare Select versions of certain Medigap plans.
Medicare Select plans require you to get non-emergency inpatient care at in-network hospitals. In exchange, they might have lower premiums than the non-Select version.
Review the materials for a Medicare Select policy you’re considering to learn about the network limitations and in-network facility list for the policy.
How much does Anthem Medicare Supplement Insurance cost?
Competitive for Plan G, but pricey for Plan N
Anthem’s pricing competitiveness depends a lot on plan type. For Plan G, Anthem’s prices were 10% higher than the cheapest company we review, on average. But Anthem’s Plan N prices were 56% 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.
Anthem doesn't sell plans in Dallas, our lower-cost city. To give Anthem an equal number of data points, we've substituted Dallas with Aspen, Colorado, which has generally similar price trends.
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
Anthem price | Cheapest reviewed competitor | |
|---|---|---|
Los Angeles | $204. | $191. |
Atlanta | $172. | $140. |
Aspen, Colorado | $150. | $150. |
Plan N
Anthem price | Cheapest reviewed competitor | |
|---|---|---|
Los Angeles | $224. | $146. |
Atlanta | $179. | $102. |
Aspen, Colorado | $131. | $95. |
Anthem Medigap discounts
Average discounts
Discounts can help you save on your Medigap premiums. We often see “household” discounts offered to people living with at least one other adult.
Anthem offers household discounts of 10% in the locations we analyzed. That's pretty close to average among the companies we review.
The Anthem discounts we saw required you to live specifically with a spouse. (Some companies offer “roommate” discounts that might be easier to qualify for if you live with someone else other than a spouse.)
Anthem may also offer small discounts if you pay for a full year at once or set up automatic monthly payments. Available discounts may vary according to factors such as your location, household status and how you apply for a policy.
More Nerdy Perspective
Is Anthem a good Medicare Supplement Insurance company?
If it’s available in your state, Anthem is a good option for Plan G, for which it has relatively affordable prices. But its Plan N prices can be less competitive. And if you’re outside of Anthem’s 14 states, you’ll have to look elsewhere. I’d recommend also taking a look at our all-around high scoring company, State Farm. If low premiums are your priority, HealthSpring plans are cheap and widely available. And if you want more plan type options (but really, you’re probably fine with Plan G or Plan N), consider AARP. It would be a good idea to compare Anthem to quotes from several other companies. Also consider working with a licensed insurance agent or broker to find your best option.
If it’s available in your state, Anthem is a good option for Plan G, for which it has relatively affordable prices. But its Plan N prices can be less competitive. And if you’re outside of Anthem’s 14 states, you’ll have to look elsewhere. I’d recommend also taking a look at our all-around high scoring company, State Farm. If low premiums are your priority, HealthSpring plans are cheap and widely available. And if you want more plan type options (but really, you’re probably fine with Plan G or Plan N), consider AARP. It would be a good idea to compare Anthem to quotes from several other companies. Also consider working with a licensed insurance agent or broker to find your best option.
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
Anthem 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.
Anthem’s average annual price increases are smaller than average, among the companies we review. My Medigap price analysis shows that Anthem’s premiums went up an average of 7% per year across the locations I track. That’s according to three years of annual price changes in the data I use to review Medigap companies.
Anthem member complaints
5% fewer complaints than average
Anthem has a middle-of-the-road complaint rate. Its members filed complaints 5% less often than the average for all Medigap companies. That’s according to 2023 to 2025 data from the National Association of Insurance Commissioners (NAIC).
NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC.
Anthem’s spending on care
79% for member benefits
Anthem Medigap plans spent about 79% of premiums on member benefits, according to the most recent annual data. (The other 21% went to overhead expenses like administrative costs, marketing, salaries and commissions.)
That’s not bad, but it’s 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
Pretty good perks
Medigap plans have standardized Medicare benefits, but companies can offer additional perks. Here are examples of extras included with some Anthem Medicare Supplement Insurance policies:
Fitness: The SilverSneakers fitness program gives qualifying members access to participating gyms, pools and classes, plus on-demand videos for home workouts.
Prescription drug discounts: Qualifying members can use a discount card to save on prescription drugs not covered by insurance at participating providers.
Health and wellness discounts: Anthem offers discounts on certain vitamins and weight-loss programs.
Anthem Medicare Supplement Insurance service area
Anthem offers Medigap policies in 14 states.
California.
Colorado.
Connecticut.
Georgia.
Indiana.
Kentucky.
Maine.
Missouri.
Nevada.
New Hampshire.
New York.
Ohio.
Virginia.
Wisconsin.
Anthem covers about 650,000 Medigap beneficiaries and has about a 4.9% 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 Anthem
Anthem's parent company, Elevance Health, is headquartered in Indianapolis. It was formed in 2004 out of a merger between WellPoint Health Networks and Anthem. In 2022, the company changed its name to Elevance Health, but it continues to sell Medicare products under the Anthem brand.
Elevance Health offers commercial health insurance for individuals and employers. Its Medicare products include Medicare Advantage and Medicare Supplement Insurance, but it recently stopped selling Medicare Part D plans. It also offers other products such as life, disability, dental and vision insurance.
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).
- Competitive Plan G prices.
- Reasonable year-over-year price increases.
- Extra perks for fitness, health and wellness products and services.
- High Plan N premiums.
- Few Medigap plan types available.
- Available in only about one-third of states.
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 13, 2026.
- 2.National Association of Insurance Commissioners. Company Complaint Index. Accessed Jul 22, 2026.
- 3.National Association of Insurance Commissioners. 2024 Medicare Supplement Insurance Experience Reports (Direct Premiums Earned; Direct Claims Incurred). Accessed Jul 22, 2026.
- 4.National Association of Insurance Commissioners. 2024 Medicare Supplement Loss Ratios. Accessed Jul 22, 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 |