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Information shared here may be used with credit or acknowledgement to the American Association for Medicare Supplement Insurance. Links to our website (www.MedicareSupp.org) are appreciated. Articles (or webpages) that link to our website will be promoted by the organization.
Reprinted from the 2019 Medicare Supplement Insurance industry conference program, published June 2019.
Click the image to access a PDF that you can download to your computer.
In 2018, some 14.1 million Americans owned a Medicare Supplement insurance (Medigap) policy.
That number represents an increase compared to the 9.7 million who owned a Medigap policy in 2010.
Most Americans who buy Medicare Supplement insurance are married and over half (58%) are women according to the most recent data.
Comparison to 2016
Plan F – 60%
N – 11%
D & G – 13%
H, I, J — 5%
C – 6%
A & B – 3%
High Deductible Plan F – 1%
K, L & M – 1%
There are many Medicare Supplement Insurance companies offering coverage. Some do so on a national basis. Others are more regional in their offerings. For that reason, we strongly recommend consumers work with a knowledgeable Medicare Supplement agent who can help provide the most current information on available policies and share rates. Rates can vary significantly from one insurance company to another. But agents can’t negotiate or get you a better rate (it’s not like buying a car). For that reason, work with someone with knowledge and experience. That’s how to get the best options.
Finding Medicare Stats, Congressional Research Service