Facts About Medicare Supplement Plans in Florida
- 925,872 Florida residents have a Medigap plan, according to data from America’s Health Insurance Plans (AHIP).1
- Plan F is the most popular Medigap plan in Florida, with 528,849 enrollees.
Medicare Supplement Insurance (also called Medigap) helps senior and disabled Florida residents pay for certain Medicare co-payments, deductibles, and other costs. Insurance companies can offer state residents one of the 10 standardized Medigap plan options: Plans A, B, C, D, F, G, K, L, M, and N.
Important: If you become eligible on or after January 1, 2020, Plan F and Plan C will not be available to you.
What are the most popular Medicare Supplement plans in Florida?
The chart below shows the most popular Medicare Supplement plans in Florida.1
|Popularity ranking||Plan||Total enrollees|
Medicare Supplement Insurance pricing methods
Medigap pricing methods are important because they dictate how your premiums may increase in future years. There are 3 different pricing methods:
- Attained-age rated: The premium increases as you age.
- Issue-age rated: The premium is based on your age when you buy and it may increase due to inflation and other factors, but not due to your age.
- Community rated: The same premium is charged to all Medigap policyholders.
Under-65 enrollment rules
Although Medicare Supplement insurance is primarily for senior citizens, it also covers disabled people and those with end-stage renal disease (ESRD) who are eligible for Medicare.
Florida Medigap insurance companies must offer at least one plan to under-65 Medicare beneficiaries who are disabled or have ESRD. Medigap insurers in Florida are allowed to charge under-65 policyholders different premiums from their senior policyholders. However, insurers must charge the same premium to all non-seniors.
Compare Florida Medigap plans.Find a plan
Or call now to speak with a licensed insurance agent: