The monthly cost for Medicare Supplement Plan G (Medigap Plan G) varies widely, but averages between $120 and $300 per month, with some estimates putting the average at about $155. Factors like your age, location, and the insurance company significantly impact the premium. In 2025, Plan G covers the Medicare Part B deductible, which is $257 annually, and offers a high-deductible option with a separate deductible of $2,870.
What you can expect to pay
Average premium:
Around $155 per month, though this is just an estimate.
Typical range:
Generally between $120 and $300 per month, but can be as low as $96 or as high as $507, depending on various factors.
Factors influencing cost:
Premiums are influenced by your age, gender, tobacco use, location, and the insurance company you choose.
Additional costs:
You will need to pay the annual Medicare Part B deductible ($257 in 2025) out-of-pocket before your Plan G coverage begins.
High-deductible plan:
A High-Deductible Plan G option has a lower premium but a higher annual deductible of $2,870 in 2025.
Where to get a personalized quote
Compare providers:
Contact different insurance companies to compare quotes based on your specific situation.
Enroll during open enrollment:
Applying during the Medicare supplement open enrollment period can help you secure a lower premium by avoiding medical underwriting.