State Farm is probably best known for auto insurance, but the company also offers medical insurance products including Medicare Supplement Insurance, or Medigap.

State Farm sells Medigap policies in most states and members have few complaints about them. However, the prices could be lower, and competitors offer more opportunities for discounts or added perks with your policy.

Here’s what you need to know about State Farm Medicare Supplement Insurance.

State Farm Medicare Supplement Insurance pros and cons
State Farm’s Medigap offerings have advantages and disadvantages.

Pros

Cons

Minimal complaints: State Farm members file complaints at rates nearly 90% below the average for all Medigap insurance companies on the market.

Low prices in certain locations: Premiums in Los Angeles, a high-cost location, were close to the lowest on the market.

Not many perks or discounts: State Farm doesn’t keep up with competitors that offer various discounts on premiums and added perks like fitness benefits.

High prices in certain areas: In some locations, you can find significantly lower prices on plans from State Farm’s competitors, even before discounts.

» MORE: Best Medicare Supplement Insurance companies
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Available Medicare Supplement Insurance plans
State Farm offers four Medicare Supplement Insurance plans available for purchase by any Medicare beneficiary in most states:

Medigap Plan A — the basic benefits included in every Medigap plan without any extras.

Medigap Plan D — a middle cost option that covers most Medigap benefits.

Medigap Plan G — the highest-coverage option available to new Medicare members.

Medigap Plan N — a plan with lower premiums but higher copays.

State Farm also offers Medigap Plan C and Medigap Plan F for qualifying beneficiaries who were eligible to enroll in Medicare prior to 2020. Newer Medicare members can’t buy these plans from any company.

In addition, State Farm offers Medicare Supplement Insurance in Minnesota and Wisconsin that fits each state’s respective standards, which differ from the standardization system used in the majority of the country.

Select your state on State Farm’s website to see the Medigap plan types available in your location.

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Additional benefits
Medigap plans have standardized Medicare benefits, but insurance companies can offer additional perks. While some competitors offer extra benefits like gym memberships or discounts on hearing aids and eyewear, State Farm doesn’t publicize similar extras for its Medicare Supplement Insurance policies.

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State Farm Medicare Supplement Insurance service area
State Farm offers Medicare Supplement Insurance in 45 states and Washington, D.C. (State Farm doesn’t offer Medigap policies in Connecticut, Massachusetts, New Jersey, New York or Rhode Island.)

As of the end of 2021, State Farm covered about 105,000 Medigap beneficiaries and had about a 0.9% share of the total Medicare Supplement Insurance market
[1]
.

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Cost
The following price quotes were obtained for three metropolitan areas representing above-average, average and below-average costs for the most popular Medicare Supplement Insurance plans (Plan G and Plan N)
[2]
:

Los Angeles: More expensive than average.

Atlanta: Average cost for the U.S.

Dallas: Less expensive than average.

The sections below show pricing information from State Farm for a 65-year-old female nonsmoker and reflect “base” pricing with discounts removed or factored out whenever the option was available. (Note: Some Medigap prices may be higher for males.)

For comparison, each table also includes the price for the least-expensive option to buy the same plan from any company, based on information from Medicare.gov. For example, State Farm’s price for Medigap Plan A in Los Angeles appears alongside the lowest price on Medicare.gov for all Plan A policies available in Los Angeles to an applicant with identical demographics.

Plan A
On average, State Farm’s quoted prices for Medigap Plan A were about 47% higher than the least-expensive Plan A policy in the area.

State Farm-quoted price

Medicare.gov lowest price

Los Angeles

$114.24.

$97.

Atlanta

$184.45.

$108.

Dallas

$150.28.

$98.

Plan D
On average, State Farm’s quoted prices for Medigap Plan D were about 19% higher than the least-expensive Plan D policy in the area.

State Farm-quoted price

Medicare.gov lowest price

Los Angeles

$144.67.

$128.

Atlanta

$175.61.

$128.

Dallas

$144.92.

$134.

Plan G
On average, State Farm’s quoted prices for Medigap Plan G were about 39% higher than the least-expensive Plan G policy in the area.

State Farm-quoted price

Medicare.gov lowest price

Los Angeles

$144.92.

$128.

Atlanta

$176.03.

$112.

Dallas

$145.18.

$99.

Plan N
On average, State Farm’s quoted prices for Medigap Plan N were about 35% higher than the least-expensive Plan N policy in the area.

State Farm-quoted price

Medicare.gov lowest price

Los Angeles

$110.84.

$98.

Atlanta

$134.81.

$86.

Dallas

$104.46.

$77.

Discounts
Some Medicare Supplement Insurance companies might offer premium discounts to qualifying enrollees who, for example, bundle multiple kinds of insurance, set up autopay or live with another adult who has a Medigap policy from the same company.

State Farm doesn’t advertise premium discounts specific to its Medigap policies.

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State Farm’s spending on care
72.9% for member benefits
Medicare Supplement Insurance companies must report data on the premiums they collect and how much they spend to provide benefits for members.

Based on the most recent year of data, State Farm Medicare Supplement Insurance plans spend about 72.9% of premiums on member benefits
[3]
. (The other 27.1% goes to overhead expenses like administrative costs, marketing, salaries and commissions.)

For comparison, the average for all companies is 77.3%. The minimum required by law for individual Medigap policies is 60%
[4]
.

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Member complaints
90% fewer complaints than average
State Farm members file complaints about their Medicare Supplement Insurance policies almost 90% less often than the average for all Medigap insurance companies. That’s according to three years’ worth of data (2020-2022) from the National Association of Insurance Commissioners for State Farm
[5]
.

State Farm’s other insurance products have higher complaint rates. Averaged across all of its insurance offerings, State Farm insurance products have complaint rates about 36% higher than the average for all companies over the same three years of data.

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Customer service
Here’s how State Farm Medigap members can contact customer service:

Contact your local State Farm agent.

Call State Farm at 800-782-8332 (TTY ​​dial 711 and follow the prompts).

Contact State Farm through Facebook.

Contact State Farm through Twitter.

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Third-party ratings
AM Best Financial Strength Rating: A++
AM Best is a credit rating agency that specializes in the insurance industry. In September 2022, AM Best affirmed its Financial Strength Rating, or FSR, of A++ (Superior) for State Farm Mutual Automobile Insurance Company, the State Farm company that offers Medicare Supplement Insurance
[6]
.

An A++ rating in this category indicates that State Farm has a superior ability to meet its ongoing insurance obligations, according to AM Best.