Best Medicare Supplement Plans in Texas 2024

Ten Medicare Supplement insurance plans in Texas are designed to help Medicare beneficiaries pay for healthcare expenses that Original Medicare (Part A and Part B) does not cover.

Because there are “gaps” between what Medicare approves and pays, these supplemental policies are called Medigap policies.

Of the ten plans offered in Texas, we found Medicare Supplement Plan G is the best plan for 2024. American Home Life Insurance Company offers the best monthly cost of $101.20 for Plan G.

Below are the key coverage highlights for the top four plans:

Medicare Supplement Plan G

  • Medicare Plan G doesn’t cover the Medicare Part B deductible but otherwise offers the same Medicare benefits as F.
  • Plan G is the best plan in Texas and offers the most comprehensive coverage.
  • There are 416,173 enrollees in Plan G.

Medicare Supplement Plan N

  • Medicare Plan N is a good option if the rates for Plan G are out of your budget. The benefits are similar, except for doctor’s offices and emergency room visits
  • Currently, 76,705 beneficiaries are enrolled in Plan N.
  • Plan N subscribers will pay up to $20 when visiting a doctor’s office and up to $50 when visiting the ER. The ER copay is waived upon admission.

Best Low-Cost Plan: High Deductible Plan G

  • High Deductible Plan G offers the same benefits as Medicare Plan G.
  • The deductible for this plan is $2,800 per year.
  • It is more affordable than Medicare Plan G and considerably less expensive than High Deductible Plan F.
  • This plan covers everything included in High Deductible Plan F, except for the Part B deductible.

Medicare Supplement Plan F

  • Medicare Plan F was the top Medigap plan in Texas for many years, but it’s no longer available to new Medicare beneficiaries. So if you signed up for Medicare Part B on or after January 1, 2020, you must select a different supplemental policy.
  • Plan F has the highest number of enrollees at 387,814.

After thoroughly considering various factors, we have determined that American Home Life Insurance Company provides the most cost-effective pricing for Plan G in Texas.

This company has multiple plan options, offers discounts on household premiums, and has received high customer satisfaction ratings.

To aid in your decision-making process, we have provided a chart that compares American Home Life Insurance Company to other Medicare Supplement companies in Texas, including sample premiums and ratings.

CompanyAM Best RatingPlan G RatesPlan A RatesHDG RatesPlan F Rates
American Home Life Insurance CompanyB++$101.20$100.69n/a$122.43
Ace Property and Casualty Insurance CompanyA++$101.25$100.25$39.75$115.58
SBLI USA Life Insurance Company, Inc (Prosperity)A-$101.41$100.39n/a$112.26
American Benefit Life Insurance CompanyA-$103.74$103.22n/a$129.39
Humana Insurance CompanyA-$104.63$104.11$46.89$126.97
Manhattan Life Assurance CompanyB++$108.00$108.00n/a$131.92
United States Fire Insurance CompanyA$111.92$113.25$36.83$135.58
Elips Life Insurance CompanyA$113.58$112.50$42.08$136.17
Capitol Life Insurance CompanyA-$115.01$130.02n/a$157.35
Philadelphia American Life Insurance CompanyA-$115.75$110.37$28.66$158.70
Cigna National Health Insurance CompanyA$116.63$124.09$44.63$155.30
Mutual of Omaha Insurance CompanyA+$122.67$125.95$42.06$172.17
Amerigroup (an Anthem Company)A$124.33$127.23n/a$165.88
Union Security Insurance CompanyB++$127.76$127.16n/a$173.69
Aetna Health Insurance CompanyA$128.25$116.04n/a$162.77
Medico Insurance Company (Preferred)A$140.97$133.93$48.64$170.67
Guarantee Trust Life Insurance CompanyA-$158.12$147.67n/a$203.28
GPM Health and Life Insurance CompanyA-$172.08$157.59n/a$203.99
Heartland National Life Insurance CompanyNR$190.82$149.33n/a$226.26
Bankers Fidelity Assurance Company (Preferred)A-$220.66$161.08$45.38$158.90

Best Time to Apply for a Medicare Supplement Insurance Plan in Texas

Every beneficiary has a Medigap Open Enrollment Period, which lasts six months, starts when they are 65, and signs up for Medicare Part B.

You will pay the lowest premiums for any Medigap plan in Texas when you enroll during your Open Enrollment Period due to the following guaranteed issue rights:

  • Acceptance – No Medicare insurance company can deny coverage under Texas’s Medicare Supplement plans.
  • Fair Rates – The insurer must give every new subscriber the same benefits without medical underwriting. No health condition can disqualify you.
  • Automatic Renewals – Your policy will renew yearly as long as you pay your monthly premiums.

These rights are guaranteed only if you apply during that Medigap Open Enrollment Period. Then, you can apply for a Medicare Supplement insurance plan in Texas later. Still, the insurance company will determine your rate based on your medical history and may deny you coverage.

Some special circumstances may allow you to receive those guaranteed rights after your initial enrollment period has passed. For instance, losing medical coverage from a job after retiring would open a special enrollment period.

You may also switch supplement policies if you move into a new service area because available policies and rates vary by zip code.

We’re Happy to Help

We are experts in helping Medicare beneficiaries navigate their Medicare insurance choices. We partner with some of the highest-rated Medigap providers in the country to ensure you receive top-notch assistance.

Take a closer look at our Medicare Supplement Plans Comparison Chart to explore the options in detail.

You can also give us a call or submit an online quote request to learn more about our services.

Frequently Asked Questions:

What are the most popular Medigap companies in Texas?

Popular Medigap companies in Texas include American Home Life Insurance Company, AFLAC, Aetna, Cigna, Humana, Mutual of Omaha, and UnitedHealthcare.

What is the best Medicare Supplement plan in Texas?

Plan G is the most popular Medicare plan in Texas. Plan G helps cover extra costs that Original Medicare doesn’t cover.

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.