When shopping for a Medicare Supplement (also called Medigap), one of the most common questions people ask is:

“If Plan G is Plan G no matter where I buy it, why would I pay more?”

It’s a smart question—and the answer may surprise you.

The Benefits Are Standardized

The government requires that Medicare Supplement plans are standardized. That means:

• A Plan G with Company A covers the exact same benefits as a Plan G with Company B.

• You don’t get “better” medical coverage with one carrier versus another.

• Your doctor won’t care which carrier you chose—as long as you have a Supplement, it works the same.

So yes, the medical benefits are the same.

But the Costs Are Not

Where things differ is in the monthly premium. Each insurance carrier sets their own rates, based on:

• Age rating (entry-age, attained-age, or community-rated depending on the state)

• Claims experience with their pool of members

• Discounts offered (household, electronic draft, non-tobacco, etc.)

That’s why two people with identical Plan G coverage could be paying very different amounts every month.

Service and Stability Matter Too

Beyond premiums, carriers also differ in areas like:

• Customer Service – How easy is it to reach someone when you have a billing question?

• Rate Stability – Some companies have a history of smaller, more predictable rate increases than others.

• Discount Programs – Household and other savings may or may not be available depending on the company.

Bottom Line

Yes—Plan G is Plan G when it comes to benefits. But not all Plan Gs are priced or managed the same way. Choosing wisely can mean hundreds of dollars saved each year, without sacrificing any coverage.

Call our team at 904-654-5450 or visit www.merebenefits.com to compare carriers side by side and see what fits your needs best.