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Nassau Life Insurance Company Medicare Supplement Review: The Carrier That Cut Rates, Then Started Climbing

By Anthony Orner, Independent Licensed Medicare Insurance Broker · CSG Actuarial filings pulled September 10, 2026 to September 14, 2026 · 14 states

Nassau, Nassau Financial, or Phoenix?

All one company. Nassau Financial Group of Hartford bought The Phoenix Companies in 2016 and renamed Phoenix Life Insurance Company to Nassau Life Insurance Company, NAIC 67814. If an older relative holds a Phoenix life policy, it is the same insurer. CSG lists the parent as GGC Grp and the AM Best rating as B++.

Nassau Life files the cheapest Plan G in Delaware and Pennsylvania, $155.07 in New Castle County and $168.59 in Philadelphia County, and a top-3 rate in 6 of the 14 states where it appears. It also carries a filed rate decrease in 13 of its 14 states: 13 cuts between July 2021 and October 2022, -12.0% at the deepest.

The cuts are over. Since 2024 the filings run +13.0% in Delaware to +47.0% in Montana, and this year's top filing is +23.0% in Iowa. Read the two halves together: a low price in Pennsylvania today, and a carrier that has shown it will reprice a block it is not winning.

The carrier pays the broker. You pay the filed rate either way.

Nassau Life Plan G and Plan N Rank by State, Age 65

State (county)Plan GG rankBoard floorPlan NN rank2026 filing
Delaware (New Castle County)$155.071 of 20$155.07$115.651 of 18none yet
Pennsylvania (Philadelphia County)$168.591 of 27$168.59$121.273 of 27none yet
South Carolina (Greenville County)$116.282 of 25$114.30 (+$1.98)$96.894 of 24none yet
Mississippi (Hinds County)$130.392 of 23$115.11 (+$15.28)$97.964 of 23none yet
North Carolina (Mecklenburg County)$131.542 of 30$114.97 (+$16.57)$97.714 of 29none yet
Texas (Harris County)$166.223 of 26$142.78 (+$23.44)$119.204 of 24none yet
Tennessee (Davidson County)$152.894 of 28$145.19 (+$7.70)$108.989 of 27none yet
Iowa (Polk County)$153.355 of 27$134.20 (+$19.15)$114.067 of 26+23.0% (July 2026)
Kansas (Johnson County)$174.367 of 25$142.96 (+$31.40)$129.299 of 24+15.0% (July 2026)
Nebraska (Douglas County)$185.819 of 24$136.63 (+$49.18)$132.676 of 23+18.0% (August 2026)
Montana (Yellowstone County)$196.1411 of 22$142.15 (+$53.99)$150.499 of 20+23.0% (August 2026)
Colorado (Denver County)$194.3412 of 24$127.65 (+$66.69)$140.7612 of 21+18.0% (July 2026)
Alabama (Jefferson County)$189.8214 of 22$124.06 (+$65.76)$138.0016 of 21+18.0% (August 2026)
Ohio (Cuyahoga County)$180.7218 of 34$118.17 (+$62.55)$135.2318 of 33+18.0% (July 2026)

Woman, 65, non-tobacco, individual, no household discount, one sample ZIP per flagship county. CSG Actuarial licensed filings, September 10, 2026 to September 14, 2026. Your county, sex and age change the number.

Pennsylvania: $168.59 and the Top of a 27-Carrier Board

In Philadelphia County the Nassau Plan G is the cheapest filing of 27, $13.72 under the median of $182.31. Its Plan N sits at $121.27, rank 3 of 27, so the same company is not the cheapest on both letters there. At 70 the Plan G is $182.73; at 75, $219.25, an age climb of 30% before any block filing.

The rest of the strong group is Delaware, South Carolina, Mississippi, North Carolina, Texas and Tennessee: 1 of 20 in Delaware at $155.07, $0.00 over the floor; 2 of 25 in South Carolina at $116.28, $1.98 over the floor; 2 of 23 in Mississippi at $130.39, $15.28 over the floor; 2 of 30 in North Carolina at $131.54, $16.57 over the floor; 3 of 26 in Texas at $166.22, $23.44 over the floor; 4 of 28 in Tennessee at $152.89, $7.70 over the floor. Then the drop: 14 of 22 in Alabama and 18 of 34 in Ohio, where a Nassau quote is not worth pursuing when the board floor is $118.17.

Every Nassau Filing on Record, 2021 to 2026

The decreases are real filings, not a data quirk: 13 states show one, all between 2021 and 2022. What followed is the same in every state: a year or two of small filings, then the ladder. Iowa never had a cut on record.

StateFilings, oldest firstSince 2024Rating method
Montana2021 +3.0% · 2022 -12.0% · 2023 +5.0% · 2024 +10.0% · 2025 +14.0% · 2026 +23.0% · +47.0% over 3attained age
Iowa2024 +10.0% · 2025 +14.0% · 2026 +23.0% · +47.0% over 3attained age
Alabama2021 +2.0% · 2022 -6.0% · 2022 0.0% · 2023 +4.0% · 2024 +10.0% · 2025 +14.0% · 2026 +18.0% · +42.0% over 3attained age
Colorado2021 +4.0% · 2022 -10.0% · 2023 +5.0% · 2024 +10.0% · 2025 +14.0% · 2026 +18.0% · +42.0% over 3attained age
Ohio2021 -7.0% · 2022 0.0% · 2023 +4.0% · 2024 +10.0% · 2025 +14.0% · 2026 +18.0% · +42.0% over 3attained age
Nebraska2021 +2.0% · 2022 -6.0% · 2022 0.0% · 2023 +7.0% · 2024 +10.0% · 2025 0.0% · 2025 +14.0% · 2026 +18.0% · +42.0% over 4attained age
Kansas2021 -6.0% · 2022 +4.0% · 2023 +5.0% · 2024 +10.0% · 2025 +12.0% · 2026 +15.0% · +37.0% over 3attained age
Tennessee2021 +3.0% · 2022 -6.0% · 2022 0.0% · 2023 +4.0% · 2024 +10.0% · 2025 +14.0% · +24.0% over 2attained age
North Carolina2021 -8.0% · 2022 +2.0% · 2023 +4.0% · 2024 +9.0% · 2025 +14.0% · +23.0% over 2attained age
Texas2021 -8.5% · 2022 +2.0% · 2023 +4.0% · 2024 +10.0% · 2025 +11.2% · +21.2% over 2attained age
Mississippi2021 +3.0% · 2022 -10.0% · 2023 +5.0% · 2024 +9.0% · 2025 +12.0% · +21.0% over 2attained age
South Carolina2021 -7.0% · 2023 0.0% · 2024 +9.0% · 2025 +7.0% · +16.0% over 2attained age
Pennsylvania2021 -9.0% · 2022 +2.0% · 2023 +4.0% · 2024 +7.0% · 2025 +7.0% · +14.0% over 2attained age
Delaware2021 +2.0% · 2022 -10.0% · 2023 +4.0% · 2024 +8.0% · 2025 +5.0% · +13.0% over 2attained age

Green is a filed decrease, red a filing of 15% or more. Percentages are as CSG records them per state; effective dates can trail the filing date.

Got a Nassau letter with a bigger number on it?

Tell me the state and the new premium. If Nassau is still top-4 there, the letter is worth keeping; if not, I say which carriers on the board would take the application.

Rank My Nassau Rate — 855-559-1700

Plan N: Top-5 in 6 States

Nassau's Plan N is ranked 1 of 18 at best, in Delaware at $115.65, and top-5 in Delaware, Pennsylvania, South Carolina, Mississippi, North Carolina and Texas. It is never the cheapest N on a board in our file, so a Nassau Plan N is a sound second choice rather than a reason to pick the company. Plan N asks up to $20 at some office visits and up to $50 at an ER visit that does not admit you, and does not pay Part B excess charges. Both letters leave the $283 Part B deductible with you.

Methodology

Anthony Orner, NPN 20586791, 1309 Route 70 West, Cherry Hill, NJ 08002, 855-559-1700, licensed in 35 states. MedicareYourself (EasyKind Medicare) is an independent brokerage with no affiliation to Medicare, CMS, Nassau Financial Group or any carrier. We do not offer every plan available in your area; contact Medicare.gov or 1-800-MEDICARE for all options. 2026 figures: Part B premium $202.90, Part B deductible $283, Part A deductible $1,736.

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