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Medicare Supplement statistics and data shared here may be used with credit or acknowledgement to the American Association for Medicare Supplement Insurance.
Sales of Medigap policies continue to increase year over year.
In 2016, some 13.1 million Americans owned a Medicare Supplement insurance policy.
That number represents an increase compared to the 9.7 million who owned a Medigap policy in 2010.
In 2016 about 18.5 million Americans are in Medicare Advantage plans. (Wall Street Journal, April 5, 2017, page A6)
Most Americans who buy Medicare Supplement insurance are married and over half (58%) are women according to the most recent data.
According to the most recent data (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%
STATE COVERED LIVES
North Carolina 447,342
New Jersey 437,503
New York 436,192
2016: National Association of Insurance Commissioners, 2015 Medicare Supplement Experience Reports
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