Is Bankers Fidelity the cheapest Medicare Supplement in Texas?

For Plan G at age 65, yes — as of the July 2026 CSG Actuarial filed-rate data, Bankers Fidelity files $129.92 a month, which is rank 1 of 24 carriers quoting in Texas and roughly 33% below the $194.91 state median. It also files the state's lowest Plan N at $99.14. Rankings move as carriers file new rates, so this reflects the snapshot date, not a permanent standing.

Is a cheap Medigap rate a warning sign?

It can be. A low filed rate often reflects a younger block of policyholders who have not yet generated many claims, and blocks tend to age into rate increases. Bankers Fidelity's Texas membership grew roughly sevenfold in a year — 871 lives in 2024 to 6,099 in 2025 — and the loss ratio moved from 52% to 73%. That is still healthy, but Texas is the state where the growth-versus-rate-stability question gets answered first. The protection is not avoiding the cheapest carrier; it is enrolling during a window when carriers cannot decline you, so you keep the option to move later.

Does Bankers Fidelity charge more for tobacco use in Texas?

Texas does not bar tobacco rate differentials during Medigap open enrollment the way New Jersey does, so tobacco use can reorder which carrier is actually cheapest for you. The non-tobacco ranking above may not be your ranking — we quote both ways before you apply.

How do I apply for Bankers Fidelity in Texas?

Neither company runs a consumer self-service portal, and in Texas the policy is issued by Atlantic Capital Life Assurance. Applications go through a licensed broker. You can apply online in about 15 minutes, or call 855-559-1700 and we will compare Bankers Fidelity against every other carrier filing in your ZIP before you commit to anything.

Bankers Fidelity in Texas — Issued as Atlantic Capital Life Assurance

Q: Has Bankers Fidelity raised rates in Texas?

One filing is on record in the recent history we track: +4.9% effective August 2025. The contrast in this market is stark — WoodmenLife filed +41.6% effective February 2026, Mutual of Omaha filed back-to-back +25% increases in June 2025 and July 2026, Medico filed +24.28% in February 2026, and Humana filed +18.02% in April 2026.

By Anthony Orner, Independent Licensed Medicare Insurance Broker (compares multiple carriers) · Filed-rate data as of 2026-07-12 · Source: CSG Actuarial

Which company will be on your policy?

Bankers Fidelity Assurance Company and Atlantic Capital Life Assurance Company are separate insurers under common ownership, and which one issues your policy depends on your state. In Texas it is Atlantic Capital; in New Jersey and Pennsylvania it isBankers Fidelity. The rates on this page are the TX filings, which is what you would actually pay here. See our Atlantic Capital review for the issuing company in detail.

In Texas, Medigap policies in the Bankers Fidelity family are issued by Atlantic Capital Life Assurance Company (NAIC 17393) — a separate insurer under the same ownership. That company files the cheapest Plan G in Texas — $129.92 a month at age 65, rank 1 of 24 carriers quoting in the state, and roughly 33% below the $194.91 TX median. It also files the state's lowest Plan N at $99.14. Plan G benefits are standardized by federal law, so this is the same coverage the most expensive TX carrier sells for $284.86.

Check Your TX Rate — 855-559-1700

How Bankers Fidelity Prices Against Named TX Carriers

Filed Plan G rates at age 65, from our published carrier reviews. Bankers Fidelity is highlighted.

Carrier	Filed Plan G (65)	Market rank	Latest TX filing
Bankers Fidelity	$129.92	1 of 24	+4.9% (2025-08-01)
Insurance Co of North America (Chubb)	$164.83	4 of 24	—
Medico	$175.22	7 of 24	+24.28% (2026-02-01)
WoodmenLife	$197.75	14 of 24	+41.6% (2026-02-15)
Humana	$217.63	18 of 24	+18.02% (2026-04-01)
Mutual of Omaha	$266.26	21 of 24	+25% (2026-07-01)

Rate-Increase History in Texas

Entry price matters less than what happens after you enroll. Bankers Fidelity has one filing on record in the recent TX history we track: +4.9% effective 2025-08-01. For contrast in the same market: WoodmenLife filed +41.6% effective February 2026, Mutual of Omaha filed back-to-back +25% increases (June 2025 and July 2026), Medico filed +24.28% in February 2026, and Humana filed +18.02% in April 2026.

The Honest Caveat: This Is a Growing Block

A rate this far below market usually means a young block of policyholders who have not yet generated many claims — and young blocks age into rate increases. Here is the actual trend:

Year	TX lives covered	Loss ratio
2024	871	52%
2025	6,099	73%

A loss ratio is the share of premium paid back out as claims. Rising is normal as a block matures; it is not by itself a red flag. The right response is not to avoid the cheapest carrier — it is to enroll during a window when carriers cannot decline you for health reasons, which keeps the option to move later if the rate stops being competitive.

Applying in Texas

Bankers Fidelity does not run a consumer self-service portal — applications are submitted through a licensed broker. Applying online takes most people under 15 minutes and routes your application to the correct issuing company for your state.

Apply for Bankers Fidelity Online

Before you do, it is worth one phone call: we quote every carrier filing in your ZIP, not a shortlist. If Bankers Fidelity is not the best answer for your age, tobacco status, or household-discount eligibility, we will tell you which carrier is. See also our full Bankers Fidelity review and step-by-step application guide.

Same Plan G benefits: $129.92 or $284.86 a month.

One call and we'll tell you where every TX carrier lands at your exact ZIP and age — free.

Compare TX Carriers — 855-559-1700

Bankers Fidelity in Texas — Common Questions

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Rates are carrier filed rates from CSG Actuarial as of 2026-07-12, sampled for a 65-year-old non-tobacco applicant in ZIP 77002 (Houston); your rate depends on age, ZIP, tobacco status, and household-discount eligibility. Carrier-level figures and filing histories come from our published carrier reviews. MedicareYourself is a private independent brokerage and is not affiliated with or endorsed by Medicare or any government agency.