Florida has over 4.8 million Medicare beneficiaries — it’s second only to California for total Medicare members
[1]
. Of those, about 2.3 million have Original Medicare (Part A and Part B).

Floridians with Medicare Part A and Part B can purchase Medicare Supplement Insurance, or Medigap, to help cover certain out-of-pocket expenses like copays, coinsurance and deductibles left over after Medicare pays for covered services. More than 900,000 Floridians had Medigap coverage at the end of 2020
[2]
.

Here’s what you need to know about finding the best Medigap policy for you in Florida.

Most popular Medicare Supplement Insurance plan types in Florida
There are 10 standard Medigap plan types available in Florida (Plan C and Plan F aren’t available for new Medicare members), but enrollment is concentrated in just a handful of plans. The three most popular plan types cover nearly 80% of Florida’s Medigap members.

These are Florida’s three most popular Medicare Supplement Insurance plan types
[3]
:

60% have Medigap Plan F — the most comprehensive coverage of any Medigap plan.

10% have Medigap Plan G — the highest-coverage option available to new Medicare members.

9% have Medigap Plan N — a plan with lower premiums but higher copays.

🤓
Nerdy Tip
Medigap Plan F isn’t available to Medicare beneficiaries who became eligible for Medicare on or after Jan. 1, 2020. Medigap Plan G is the most similar option that’s available to all Medicare beneficiaries.

Top Medicare Supplement Insurance companies in Florida
Medigap plans are regulated by the government, but they’re sold by private insurance companies. Here are Florida’s five most popular Medicare Supplement Insurance companies as of the end of 2020
[4]
:

Insurance company

Share of Florida Medigap members

1. AARP/UnitedHealthcare

54.9%.

2. Florida Blue*

19.2%.

3. United American Insurance Company

10.7%.

4. Bankers Life

5%.

5. Humana

1.4%.

*Florida Blue is an independent Blue Cross Blue Shield company.

» MORE: Best Medicare Supplement Insurance companies
Medicare Supplement Insurance prices in Florida
It’s worth comparing companies to find the lowest price for your chosen plan. The benefits of each Medigap plan are standardized, so you get the same Medicare benefits regardless of the company you choose.

Here are prices for Medigap Plan G and Plan N, the most popular plans available for new Medicare members, from the five Medigap companies with the most members in Florida.

The table below shows price quotes for a 65-year-old female nonsmoker in Jacksonville, Florida, according to the Florida Office of Insurance Regulation’s Medigap rate database
[5]
. (Note: Some Medigap prices may be higher for males.)

Insurance company

Plan G monthly premiums

Plan N monthly premiums

Bankers Life

$176.29.

$141.43.

AARP/UnitedHealthcare

$179.83.

$147.64.

Florida Blue

$193.60.

$182.60.

Humana

$198.85.

$158.86.

United American Insurance Company

$257.92.

$165.17.

For reference, here are the lowest premiums available from any company for the two plans in Florida, according to the Medicare plan finding tool
[6]
:

Medigap Plan G: $170 per month.

Medigap Plan N: $132 per month.

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Medicare resources in Florida
State Health Insurance Assistance Program, or SHIP: Florida’s Serving Health Insurance Needs of Elders program, or SHINE, is its State Health Insurance Assistance Program. SHINE provides free information and counseling about Medicare options, processes and costs.

Florida Office of Insurance Regulation: Maintains public databases of Medicare Supplement Insurance rates and other health care and insurance data.

Florida Department of Financial Services: Provides insurance information for consumers and handles insurance-related complaints.

Medicare Supplement Insurance providers
Get more information about some of the major health insurance companies that sell Medigap plans. Use Medicare’s plan finding tool or check the companies’ websites to see plan options in your location.