Best Medicare Supplement Plans in Florida

Florida offers ten standardized Medicare Supplement plans. Standardized means Medigap Plan N has the same benefits in Jacksonville as in Tampa. Of the ten options, Plan G is the Best Medicare Supplement plan in Florida, followed by Plan N and High Deductible Plan G with Mutual of Omaha.

How Much Do They Cost per Month?

  • Plan G: $195 to $312
  • Plan N: $140 to $205
  • High Deductible Plan G: $40 to $125

What Do Medicare Supplement Plans Cover?

Below is a list of the top four plans with coverage highlights:

Medicare Supplement Plan G

  • When Medicare Plan F was discontinued on January 1, 2020, Medigap Plan G became the most comprehensive coverage for Medicare recipients. If you have an F, consider switching to Plan G to take advantage of a reduced premium.

Medicare Supplement Plan N

  • In 2023, Medicare Plan N will be excellent for individuals who want comprehensive coverage. However, there is a trade-off between monthly premium savings and reduced benefits. Plan N pays the Medicare Part B coinsurance in full, but you are responsible for Medicare Part B copayments as follows:
  • Up to $20 for a visit to your doctor’s office
  • Up to $50 for emergency room visits (waived if you are admitted)

Medicare Supplement High Deductible Plan G

  • High Deductible Plan G has the Same Benefits as Medicare Plan G
  • Annual Deductible of $2,700
  • Significantly Cheaper than Medicare Plan G
  • Considerably Cheaper than High Deductible Plan F yet Covers everything in high deductible F except for the Part B Deductible 

Medicare Supplement Plan F

  • Medicare Plan F has the most comprehensive benefits. However, it is not available to people who became eligible for Medicare on or after January 1, 2020. If you were Medicare-eligible before 2020 and enrolled in Plan F, you can keep it.
  • Part A deductible
  • Part B deductible
  • Skilled nursing facility coinsurance
  • Medicare Part A coinsurance and additional days in the hospital
  • Home health care
  • Blood (first 3 pints)
  • Hospice care coinsurance
  • Part B coinsurance or copay
  • Foreign travel emergency
  • Part B excess charge

Based on our review of several key factors, Mutual of Omaha is Florida’s top Medicare Supplement company.

Although Mutual of Omaha Medigap plans may provide some of the most affordable options in Florida, cost should not be the only factor when selecting a Medicare Supplement provider. Every company has its unique pros and cons based on its coverage methods.

Mutual of Omaha stands out among the competition due to its cost-effectiveness, numerous plan options, household discounts on premiums, and excellent customer satisfaction ratings.

This chart compares Mutual of Omaha with other Medicare Supplement companies in Florida. You’ll find helpful information here, like sample premiums and ratings.

Plan G CostCompanyFinancial Strength
$195 Mutual of Omaha A+
65 y/o male, nonsmoker
Plan N CostCompanyFinancial Strength
$142Mutual of OmahaA+
65 y/o male, nonsmoker

When Can I Enroll in a Medigap Plan in Florida?

The ideal time for beneficiaries to buy a Medicare Supplement plan in Florida is during the Medigap Open Enrollment period. This period starts the first of the month in which you turn 65 or older. To buy a policy, you need to be enrolled in both Medicare Part A and Medicare Part B.

Once you become eligible, you have six months to sign up for a Medigap plan. If you miss this window, you may have to undergo medical underwriting, and certain health conditions may impact your premium. In some cases, guaranteed issue rights apply. These are rights in specific situations requiring insurers to sell you a Medicare Supplement Insurance plan in Florida. An example is if you lose your health care benefits because your coverage is no longer available in your service area.

How to Choose a Medigap Plan in Florida

As you compare plans available in your area, consider these factors:

Monthly premium: This is paid in addition to your Part B monthly premium. It is a set amount you pay each month, regardless of whether or not you use your benefits. The premium costs are determined based on several factors, such as the type of plan selected, age, gender, tobacco use, and state of residence.

Plan options: With every type of plan, you are offered basic coverage for Part A copays and coinsurance, at least a portion of the Part B copays and coinsurance, three pints of blood, and hospice care. However, other benefits may not be included. Check which benefits are most important to you before finalizing your purchase.

Insurance provider: Always check the ratings and reviews to understand other people’s experiences when looking for a carrier. You can also contact a company representative to discuss their customer service levels and responsiveness.

Extra discounts: Some insurance companies offer additional benefits or discounts once you become a member. For example, you may have access to discounted hearing aid providers or eyeglass suppliers.

Frequently Asked Questions:

What’s the Average Cost of a Medigap Plan in Florida?

The average cost of a Florida Medigap plan can range from $140 to $300 per month. This depends on factors such as age, gender, health status, and the type of coverage you choose.

What Is the Best Medicare Supplement Plan in Florida?

Plan G is one of Florida’s best Medicare Supplement plan options. It offers a wide range of coverage, including coinsurance and copayments.

How Much Does Plan G Cost in Florida?

Plan G has an average $200 monthly premium in Florida, though actual premiums may vary by county and age.

Next Steps

We specialize in guiding Medicare beneficiaries through their Medicare insurance options. We work with some of the nation’s top-rated Medigap carriers so that you can be sure you’re getting the best possible service. Take a deeper look at the plans by reviewing our Medicare Supplement Plans Comparison Chart. Additionally, you can give us a call today to learn more or request a quote online.

Article Resources:

Average quotes are for sample purposes only. Actual premiums are based on several factors, including health conditions, age, location, tobacco status, gender, and insurance provider.

Mark Prip

For more than two decades, Mark Prip at My Medigap Plans has been an authority figure in the insurance industry and continues to uphold a mission to provide customers with comprehensive information about Medicare, life, and dental coverage. In addition, his expertise is unmatched - having helped thousands of Medicare beneficiaries choose suitable healthcare plans for themselves - making him stand out above competitors.