Medigap Plan G – Plan F vs Plan G With Video

///Medigap Plan G – Plan F vs Plan G With Video

Medigap Plan G – Plan F vs Plan G With Video

Medigap Plan G is the second most comprehensive Medicare supplement, however, in our opinion, it is the best option by a long shot. 90% of individuals calling in to iHealthbrokers Medicare Advisors request Plan F, because it’s the best. Once people find out about Plan G, they completely forget about Plan F. Not only is it less expensive, the coverage is nearly identical and your premium is more stable in future years.

Plan F vs Plan G – What’s the Real Difference?

As far as benefits go, there is only 1 single difference between Plan F and Plan G and that is the annual Part B deductible.

Plan F pays this deductible for you, while Plan G makes you pay it. As of 2016, the annual Part B deductible is only $166, that’s it. $166! See the chart below to see that the plans are identical in every way shape or form, except this tiny deductible.

Medigap Plan G really is best!

Plan F vs Plan G Cost – How Much Do I Save with Medigap Plan G?

Typical cost savings for Medigap Plan G over Plan F can be as much as $600 per year which is a no brainer. Save $600 in order to take on an annual deductible of $166. That’s a complete win/win. However, there is more… Medigap Plan G consistently maintains more stable premiums than Plan F. So not only do you save more money today, but, you continue to save more money in future years.

Let’s look at this actual rate comparison below.

Female, non smoker, in Loganville, GA 30052

Medigap Plan G Medigap Plan F
Monthly Premium $128.53 $157.19
Annual Premium $1,543.00 $1,887.00
Annual Savings $344 Savings with Medigap Plan G!

In this real world example, you would save $344 per year on your annual Medigap premium. In addition to that, you would have more stable rates in future  years meaning that your premium would go up more slowly from year to year than it would with Plan F. This is a complete win/win for you.

What Do You Mean The Premiums Go Up Less From Year to Year?

Below is a chart from an email sitting in my inbox as we speak. These are rate adjustments for existing business on a very well known Medigap insurance company that are set to go into effect next month. We get emails like this on a daily basis, however, what you see is that next month, for this carrier, they are raising rates on all of the Plan F’s by 4% and LOWERING the prices of the Plan G’s by as much as 9.3%. Can you imagine if your health insurance premium actually went down? That’s a reality with G. Not only will it go up more slowly over time, sometimes it may go DOWN!

Plan G Plan F
Kentucky 2% Decrease 4% Increase
North Carolina 9.3% Decrease 4% Increase
Louisiana 2% Decrease 4% Increase
With Plan G, You Win!
Compare Prices for Plan F vs Plan G!

Another Agent Told Me to Buy Plan F, Not Medigap Plan G

There could be a few reasons for this. The most common reason is that the agent you spoke with only worked with one insurance company, and that insurance company might not offer Plan G. The other reason is because insurance agents are paid a percentage of premium. Unethical agents will try and sell you the plan that costs the most because they make more. We obviously don’t think like this as we are trying to obtain clients for life. We work for you and we want to be your Medicare insurance broker for life! Give us a call at (866) 260-9829.

Medigap Plan G Video – Plan F vs Plan G

About the Author:

Jesse is the Founder and CEO of Smedley Insurance Group, Inc. and He is a licensed health and life insurance broker in 47 states and the District of Columbia. Jesse specializes in Medicare and health insurance benefits packages for businesses and their employees. Jesse is the designated responsible broker for Smedley Insurance Group, Inc. He founded Smedley Insurance Group after working for a small captive insurance agency where he was required to sell perhaps the worst health insurance plans to consumers because it was all the company had to offer. He knew there had to be a better way and thus, SIG was born. Jesse can be reached toll free at (866) 260-9829, Ext. 101. His email address is: his first name


  1. Kevin O. June 2, 2016 at 7:50 pm - Reply

    I agree that Medigap Plan G is a better buy. Kimberly was outstanding on a couple fronts. Very low key and friendly. Most importantly of all, clearly competent and experienced with the maze that is Medicare. In our case my wife needed to purchase an initial supplemental insurance and I wanted to change plans (from Plan F to Plan G.) Kimberly was very knowledgeable about my situation in particular and made the whole experience simple and stress free.

Comment or Ask a Question

About Us

iHealthBrokers Medicare Advisors specializes in affordable health insurance solutions for seniors. We also help business owners and individuals under 65. We're A+ Rated with the Better Business Bureau, seven-time recipients of the Angie’s List Super Service Award for outstanding customer service and customer satisfaction. Also voted Best of Kudzu for four years running for Atlanta Insurance Brokers.

Contact Us

By Mail:
Two North Central Ave
18th Floor
Phoenix, AZ 85004

By Phone: (866) 260-9829

By Fax: (866) 300-0127
%d bloggers like this: