UHC tops the list of companies Investopedia reviewed when looking to name the best Medigap providers, in part because of its competitive pricing for Plan G. Plan G is the most popular type of Medigap plan (along with Plan F, which is not available to new Medicare recipients). While ♛Anthem and State Farm beat UHC’s average premiums for Plan G, UnitedHealthcare is more widely available and offers a community pricing model with discounts that some people may find attractive. 

A community-rated model charges everyone similar premiums at the beginning, regardless of age, and raises premiums at the same rate for everyone. This differs from attained-age pricing, wh🐈ich many competitors use. Attained-age pricing offers lower premiums when you’re younger and increases them as you age. 

Your costs with a community-rated plan will be higher initially, but they should grow more s♐lowly over time than premiums for attained-age plans. UHC takesꦰ a hybrid approach by combining a community-pricing model with discounts to younger members that shrink over time. 

UHC throws in some nice extras with its Medicare Supplement plans, such as a free gym membership and discounts on dental, vision, and hearing care. You must join AARP for $16 a year to buy a policy. But you can get discounts on premiums for making 澳洲幸💝运5开奖号码历史查询:electronicܫ payments from your bank account and having multiple household members enrolled.

The🀅re are a couple of things about UnitedHealthcare that give us pause. The company’s high-deductible Plan G premiums are expensive. UHC’s loss ratio is lower than that of some competitors, which indicates that it may be spending less of the premiums it collects on claims to policyholders. 

UnitedHealth Group, established in 1977 and based in Minnetonka, Minnesot🍌a, offers Medi🌱care Supplement plans in all 50 states.

Anthem is a Blue Cross Blue Shield company that sells up to four different plan types (A, G, N, and F) across 14 states. Prices differ by state, but the company’s average p꧟remiums for Plans F 🐽and G are lower than the industry average. Anthem had the lowest premiums for Plan G policies for 70- and 80-year-olds of the Medigap companies Investopedia researched. And in some states, if you cover multiple people in the same household, you can get a 10% discount. 

Like UnitedHealthcare, Anthem offers Medigap policyholders extra benefits, such as a 澳洲幸运5开奖号码历史查询:SilverSneakers fitness membership, prescription d☂rug discounts, and savings on vitamins and weight loss programs. For an added cost, you can get 🔥prescription drug, dental, or vision coverage. 

Customers made roughly the number of complaints to state regulators about Anthem as would be expected, given the company’s size. And AM Best granted the company an A grade, reflecting an “excellent” ability to pay its insurance claims. 

Founded in the ♒1940s, Anthem is based in Indianapolis and is now owned by Elevance Health. 

Blue Cross Blue Shield is a group of 33 independent companies. Not counting Anthem, which we evaluated separately, the BCBS companies offer Medicare Supplement plans in 41 states. While their individual strengths vary, all have very good financial stability grades ranging from A+ to A-, and customers made about as many complaints to state regulators as expected, based on the group’s market share. 

Across the BCBS companies, you can find every kind of Medicare Supplement plan and relatively low premiums for Plan F, though State Farm’s and UnitedHealthcare’s are even lower. Just be aware that BCBS premium prices rise more as you age than they do with some com♉petitors. If you live with another person insured by BCBS, you may qualify for a discount.

Extra benefits are competitive and include premium discounts, a 24/7 nurse line, routine hearing exams, a free fitness membership, and discounts on health products and services. Depending on which st🎐ate you live in, you may be able to add coverage for prescription drugs and den🌺tal care or a dental/vision/hearing package. 

The Blue Cross Blue Shield A💧ssociation was formed in 1982, but its companies have been in busi🔜ness since the early 1900s. 

Besides its stellar financial strength and customer complaint ratings, Investopedia editors were impressed by State Farm’s better-than-average pricing, with an especially low average premium for Plan G. However, unlike competitors, the company offers no high-deductible plans, 澳洲幸运5开奖号码历史查询:Part D prescription coverage, or dental insurance add-ons. 

State Farm also lacks additional benefits competitors offer, such asꦗ a gym membership, fitness app, or discounts on health products. It also has no premium discounts. Another point of concern: State Farm had the lowest loss ratio for 2022 of the Medigap companies Investopedia evaluated, a sign it may devote a smaller share of premiums to policyholder claims. 

Headquartered in Bloomington, Illiജnois, State Farm has b♔een selling insurance since 1922.

Humana’s high-deductible option Plan G policy is sold in most states, and in Investopedia’s cost analysis of ZIP codes in five states (California, Florida, Texas෴, New York, and Illinois), its average premium was just $93. That’s better than the industry average. In some states, you can get a generous 12% spouse discount to reduce your price further. 

You can buy a Part D prescription drug plan from Humana, as well as a few dental, vision, and hearing 💧packages—though some competitors’ offerings are cheaper. And Humana received a very respectable A financial strength ꧒rating from AM Best.

However, Humana’s premiums for the standard Plan G are high. More concerning: Humana’s complaint record is far worse than anyone else’s on this list. The NAIC complaint index indicates how many complaints state regulators receive about a company relative to its market share. A company with the expected number of complaints gets a 1. Humana’s complaint index is nearly a 4, indicating a very high number of complaints for a company of its size. 

Humana got its start in 1961 and is based in Louisville, Kentuck✱y.