What Are the Best Medicare Supplement Plans in Florida?
AARP/UnitedHealthcare has the best Medicare Supplement plans in Florida, including the best Plan G.
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That's because AARP/UnitedHealthcare has cheap Medigap rates and high customer satisfaction. If you want a cheaper plan, Mutual of Omaha has the cheapest Plan N in Florida.
What's the best Medicare Supplement company in Florida?
AARP/UnitedHealthcare sells the best Medicare Supplement plans in FL.
It's also the most popular company, selling over half of all Medicare Supplement plans in Florida. AARP/UnitedHealthcare has low rates, good customer service and useful extra perks.
But the best Medicare Supplement company for you depends on your specific situation. Mutual of Omaha is the best option for Plan N, and USAA is a good choice for veterans and current military members.
Top Medicare Supplement companies in Florida
Company | Plan G rate |
Customer satisfaction (out of 5.0)
| |
|---|---|---|---|
| WPS | $198 | 2.5 |
| AARP/UHC | $201 | 4.5 |
| Mutual of Omaha | $214 | 4.0 |
| BCBS of FL | $220 | 5.0 |
| Humana | $221 | 1.0 |
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Plan F is the most commonly purchased Medicare Supplement plan in Florida, making up 57% of all active plans in the state. However, you can only buy Plan F if you were eligible for Medicare prior to Jan. 1, 2020. If you can't get Plan F, Plan G is a good alternative. Currently, about 15% of Florida's Medigap plans are Plan G. That number is likely to increase as fewer people are eligible for Plan F.
Best overall: AARP/UnitedHealthcare (AARP/UHC)
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Editor rating
- Plan K: $66
- Plan L: $146
- Plan N: $172
- Plan A: $173
- Plan G: $201
- Plan B: $211
- Plan C: $244
- Plan F: $246
AARP/UnitedHealthcare Medicare Supplement plans have low rates and good customer satisfaction. Buying a policy means you'll also have access to AARP's discounts and perks.
Plan G from AARP/UHC costs an average of $201 per month.
That's about 10% less than the state average. Wisconsin Physicians has a cheaper rate for Plan G at $198 per month, but the company's customer satisfaction is low. For most people, the better service on Plan G from AARP/UHC is worth the extra $3 per month.
Overall, AARP/UnitedHealthcare gets 61% fewer complaints about its Medicare Supplement plans compared to an average company its size, according to the National Association of Insurance Commissioners (NAIC). That means most customers are satisfied with the service they get from AARP/UHC.
You have to join AARP to buy a Medigap plan, but a membership is just $16 per year, and the benefits usually outweigh the membership cost.
Cheapest Plan N: Mutual of Omaha
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Editor rating
- *Plan G: $81
- Plan N: $156
- Plan A: $196
- Plan G: $214
- Plan F: $269
If you're looking for low rates but still want a substantial amount of coverage, Plan N from Mutual of Omaha is a good option. Mutual of Omaha has the cheapest Plan N in Florida. The plan still gives you substantial coverage, but it has a cheaper monthly rate than Plan F or Plan G.
The rate for Plan N from Mutual of Omaha is 8% cheaper than the state average.
While Plan N isn't the cheapest plan available, it's cost is still less than most Medigap plans, and it gives you good coverage. And Mutual of Omaha has good customer satisfaction, with 47% fewer complaints than average, according to the NAIC.
In Florida, your Mutual of Omaha policy will come from United World Life Insurance Company. United World is a subsidiary of Mutual of Omaha. However, you can still shop for a policy on Medicare.gov or on Mutual of Omaha's website.
Best for veterans: USAA
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Editor rating
- Plan A: $194
- Plan N: $203
- Plan G: $233
- Plan F: $269
For veterans and current military members, USAA is the top option for Medicare Supplement plans in Florida. Florida is home to the nation's third-highest population of veterans.
USAA's Medigap rates aren't the lowest in Florida, but the company's perks might make up for it.
USAA offers member benefits including discounts on travel, home services and entertainment. If you think you'll use these services often, a Florida Medigap plan from USAA might make sense. And USAA has high customer satisfaction, with 30% fewer complaints than expected for its Medigap policies.
USAA only sells four Medicare Supplement plans in Florida. These four plans are among the most popular in Florida. But if you're looking for a wider selection of plan options, or if you aren't affiliated with the military, USAA may not be an option.
How much does a Medigap plan cost in Florida?
The most popular Medigap plans in Florida cost between $170 and $260 per month.
Plan F is the most common Medicare Supplement plan in Florida. It's also the most expensive, at $260 per month, on average. Plan G, which costs an average of $233 per month, is gaining popularity. Its coverage is almost as good as Plan F. And Plan N is a good way to save money and still get extensive coverage. Plan N costs an average of $170 per month in Florida.
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If you know you want a Medigap plan, it's a good idea to sign up when you are first eligible. During this time, health insurance companies can't use your health status to charge you higher rates. If you wait until you are 75, for example, Plan G costs an average of $275 per month. That's 23% more than if you had signed up at age 65.
Florida Medicare Supplement plan costs
Medigap plan | Monthly cost | Percentage of FL enrollment |
|---|---|---|
| F | $260 | 57% |
| G | $223 | 14.5% |
| N | $170 | 9.7% |
| J | N/A | 5.6% |
| C | $255 | 4.1 % |
Popular Medicare Supplement plans in Florida
- Plan F is the most popular Medicare Supplement plan in Florida. It has the best coverage, but it is also the most expensive plan, at an average of $260 per month. More than half of all Medigap plans in FL are Plan F. However, Plan F is only available if you were eligible for Medicare prior to 2020.
- Plan G is available to everyone eligible for Medicare, and it's the second most popular option in Florida. About 15% of Florida's Medigap plans are Plan G. The plan costs an average of $223 per month, and its coverage is nearly as good as Plan F.
- Plan N makes up around 10% of Florida's Medicare Supplement plans. Plan N has coverage that is almost as good as Plan G, but it's cheaper, at $170 per month, on average. That said, with Plan N, you will pay more for your medical care, including copays when you go to the doctor.
How does age affect Medigap prices in Florida?
In Florida, insurance companies are allowed to use age to determine your rate. You'll get the best prices at age 65. And if you sign up a plan as soon as you're eligible, you can't be turned down or charged a higher monthly rate because of health issues.
But you will still likely see your rate increase each year. For example, a 75-year-old pays an average of $52 more per month for Plan G than a 65-year-old. By age 85, Plan G costs $119 more per month than it did at age 65.
Across all plans in Florida, you can expect the monthly cost of a Medigap plan to increase by about $5 each year as you age. That's about a 20% increase each decade.
Medigap vs. Medicare Advantage in Florida
In Florida, 53% of Medicare recipients buy a Florida Medicare Advantage plan. Only about 19% opt to buy a Medicare Supplement plan. Both options can be good, but it's important to know the difference so you can choose the best plan for you.
Medicare Advantage plans bundle Medicare Parts A and B together. They usually include prescription drug coverage and come with extra perks, like dental, vision and hearing coverage. Most people in Florida who are on Medicare have a Medicare Advantage plan.
Medigap plans are supplemental insurance plans that you stack on top of Original Medicare. Medigap plans aren't as popular as Medicare Advantage plans in Florida, but they usually pay for a larger share of your health care bills.
You can't be enrolled in a bundled Medicare Advantage plan and a Medigap plan at the same time. If you have complex medical needs, it's usually a better idea to buy a Medicare Supplement plan instead of a Medicare Advantage plan. It's typically more expensive each month, but you'll pay for less of your health care and usually save money overall.
Frequently asked questions
What's the best Medicare Supplement plan in Florida?
The best Medicare Supplement plan in Florida is Plan G from AARP/UnitedHealthcare. The monthly rate of $201 is 10% less than the state average for Plan G. And the AARP membership comes with perks like vision care savings and travel discounts. Plan G is the second most popular plan in Florida and has the most coverage among plans available to new Medicare enrollees.
What's the cost of a Medigap plan in Florida?
A Medicare Supplement plan in Florida usually costs between $170 and $260 per month, based on the most popular plans in the state. But your rate will depend on what plan you choose and how old you are when you buy the plan. You'll get the best rates if you sign up as soon as you are eligible for Medicare.
Are Medicare Supplement plans in Florida expensive?
They can be. Florida is one of the most expensive states for Medigap, with Plan G costing about $75 more per month than the national average. If you don't need much health care, consider a Medicare Advantage policy instead. But if you need medical care often or your treatments are expensive, Medigap is usually worth the cost.
Methodology and sources
The cost for Medicare Supplement plans in Florida is based on comprehensive actuarial data for all private insurers. Average rates are for a 65-year-old woman who does not smoke and who signed up for a Medigap plan when she was first eligible.
Enrollment data is based on AHIP's report on the state of Medicare Supplement coverage and data from the National Association of Insurance Commissioners. Veteran statistics were sourced from the U.S. Census Bureau. Medicare Advantage enrollment data is from the University of Iowa.
Other information was sourced from AM Best to assess financial strength, the NAIC to assess the rate of complaints and Medicare.gov for general coverage details.
The customer satisfaction rating is a one-to-five score based on the NAIC complaint index for each company's Medicare Supplement product. Higher scores mean better customer service and fewer complaints.
Satisfaction score | Customer complaints adjusted for company size |
|---|---|
| 5.0 (top rating) | Over 75% fewer complaints than typical |
| 4.5 | 50% to 75% fewer complaints than typical |
| 4.0 | 25% to 50% fewer complaints than typical |
| 3.5 | 0% to 25% fewer complaints than typical |
| 3.0 | An average rate of complaints |
| 2.5 | 0% to 50% more complaints than typical |
| 2.0 | 50% to 100% more complaints than typical |
| 1.5 | 100% to 250% more complaints than typical |
| 1.0 | Over 250% more complaints than typical |
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Medicare supplement insurance is available to people age 65 or older enrolled in Medicare Parts A and B, and in some states to those under age 65 eligible for Medicare due to disability or end stage renal disease.
Medicare Advantage and Part D plans and benefits are offered by these carriers: Aetna Medicare, Anthem Blue Cross Blue Shield, Anthem Blue Cross, Aspire Health Plan, Cigna Healthcare, Dean Health Plan, Devoted Health, Florida Blue Medicare, GlobalHealth, Health Care Service Corporation, Healthy Blue, Humana, Molina Healthcare, Mutual of Omaha, Premera Blue Cross, Medica Central Health Plan, SCAN Health Plan, Baylor Scott & White Health Plan, Simply, UnitedHealthcare, Wellcare and WellPoint.
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