MedicareYourself

Compare Medigap Policies: 2026 Plan-by-Plan Benefits & Costs

By Anthony Orner, Licensed Medicare Insurance Broker

Medigap policies are standardized by letter (A, B, C, D, F, G, K, L, M, N), so every Plan G sold is identical in benefits across carriers — only the premium and company differ. To compare Medigap policies, look at four things: which gaps each letter fills (Part A/B coinsurance, deductibles, excess charges, foreign travel), the monthly premium in your ZIP code, the carrier's rate-increase history, and whether you qualify during your 6-month Medigap Open Enrollment Period or must pass medical underwriting.

Last reviewed: April 2026 · Plan benefits sourced from CMS.gov · 2026 figures from lib/medicare-figures.ts

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How Medigap Plans Compare in 2026

Because benefits are federally standardized, comparing policies comes down to coverage level and price. Plan G is the most comprehensive plan available to people newly eligible for Medicare — it covers everything except the Part B deductible ($283 in 2026). Plan N trades slightly lower premiums for small copays at office and ER visits and does not cover Part B excess charges. Plan F remains available only to those eligible for Medicare before January 1, 2020.

PlanWhat It CoversBest For
Plan GMost PopularEverything except Part B deductibleMost people — most comprehensive modern option
High-Deductible GSame as Plan G after annual deductible metHealthy, want lowest premium with catastrophic protection
Plan NPlan G minus Part B excess charges + small copaysHealthy, infrequent visits, want lower premium
Plan ABasic benefits onlyVery healthy, minimal utilization
Plan K50% cost-sharing to annual out-of-pocket maxBudget-conscious, healthy
Plan L75% cost-sharing to annual out-of-pocket maxBudget-conscious, moderate utilization
Plan FPre-2020 onlyEverything including Part B deductibleOnly available if Medicare-eligible before 1/1/2020

Plan G vs. Plan N

Plans K, L, and M

Plans K and L cap out-of-pocket spending and cover a percentage (50% or 75%) of several benefits rather than 100%. Plan M splits the Part A deductible 50/50 with you. These plans trade lower premiums for more cost-sharing.

What Medigap Costs in 2026

Premiums vary by ZIP code, age, gender, and carrier, but every Medigap enrollee also pays the standard Medicare Part B premium of $202.90/month in 2026. Plan G premiums typically run in the mid-range; Plan N is usually lower; Plan F (for those still eligible) is highest because it also covers the Part B deductible.

Carriers use one of three pricing methods — community-rated, issue-age-rated, or attained-age-rated — so two policies with identical benefits can diverge in price over time. Compare 10-year rate histories when possible.

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When You Can Enroll or Switch

Your best window is the 6-month Medigap Open Enrollment Period, which starts the month you're 65 or older AND enrolled in Medicare Part B. During this window, carriers cannot deny you coverage or charge more for health conditions.

Outside that window, you generally go through medical underwriting unless you qualify for a federal guaranteed-issue right — for example, losing employer group coverage or moving out of a Medicare Advantage plan's service area. Switching carriers to lower your premium is common, but approval isn't guaranteed once the OEP closes.

Who Is Eligible for Medigap?

You must be enrolled in Medicare Part A and Part B to buy a Medigap policy. Medigap does not work alongside Medicare Advantage — you'd need to disenroll from MA first. Questions on eligibility? Call 855-559-1700 or apply online at healthplans.now.

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Frequently Asked Questions

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Disclosure. This page is published by MedicareYourself, a brand of EasyKind Medicare. We are a licensed independent Medicare insurance broker. We do not offer every plan available in your area. Any information we provide is limited to the plans we offer in your area. Please contact Medicare.gov or 1-800-MEDICARE (TTY 1-877-486-2048), 24 hours a day, 7 days a week, to get information on all of your options. Plan availability, benefits, and premiums vary by state and are subject to federal and state regulations.

Medicare has neither reviewed nor endorsed this information. Medicare figures cited on this page: Part B premium $202.90/month, Part B deductible $283, Part A deductible $1,676 (2026).

New Jersey residents can also contact the NJ State Health Insurance Assistance Program (SHIP) for free, unbiased Medicare counseling.