Do all Medicare Supplement Plan G policies cost the same?

No. Plan G benefits are standardized by law, so every carrier covers the same things. But each insurance company sets its own premium. At age 68, monthly rates can differ by $40-$80+ between carriers for identical coverage. That's why comparing multiple companies matters.

Do Plan G premiums increase with age?

It depends on the pricing method. Attained-age plans increase as you get older. Issue-age plans base your rate on the age you enrolled and only rise with inflation or block rate increases. Community-rated plans charge the same base rate regardless of age. Most carriers in NJ and PA use attained-age pricing.

What is the difference between Plan G and Plan G Plus?

Standard Plan G covers everything Original Medicare doesn't except the Part B deductible ($283 in 2026). Some carriers offer a Plan G Plus or Plan G with extra benefits like gym memberships or telehealth. The core medical benefits remain the same. The extras vary by carrier.

Can I switch Plan G carriers at 68 to get a lower rate?

You can apply to switch carriers anytime, but outside of your initial Medigap Open Enrollment Period, the new carrier can require medical underwriting. If you're healthy, switching to a lower-cost carrier is straightforward. If you have significant health conditions, you may not qualify. Call us to check your options.

Medicare Supplement Plan G Cost for a 68-Year-Old: Real Rates by Carrier

Medicare Supplement Plan G cost for 68 year old

Medicare Supplement Plan G cost for a 68-year-old typically runs between $130 and $250 per month, depending on the carrier, your zip code, and how the company prices its policies. At 68, you're past the initial enrollment window, so the carrier and pricing model you pick now will shape what you pay for decades.

I'm Anthony Orner, a licensed Medicare broker serving NJ and PA. I'll break down what drives your premium and how to find the best rate.

Call for Free Advice — 855-559-1700

How carriers price Plan G at age 68

Plan G benefits are identical across every carrier. The coverage is standardized by federal law. What's not identical is the premium, and at 68, your rate depends on two things: the carrier's pricing method and how they manage their risk pool over time.

Some carriers price aggressively low to attract new members, then hit you with steep increases in years 3-5. Others start slightly higher but hold steadier. The starting premium alone doesn't tell you enough.

Sample monthly premiums from top NJ and PA carriers

These are general ranges for a 68-year-old non-smoker. Your actual rate depends on zip code, gender, and the carrier's current filing:

Lower-tier carriers: $130-$165/month
Mid-range carriers: $165-$200/month
Premium-tier carriers: $200-$250/month

A $40/month difference between carriers adds up to $480/year for the exact same medical benefits. That's real money.

Attained-age vs. issue-age pricing at 68

Most Medigap carriers use attained-age pricing. Your premium goes up each year as you age, on top of any rate increase the carrier files. At 68, you're already three years into those age-based bumps if you enrolled at 65.

Issue-age carriers lock your base rate to the age you bought the policy. If you're buying at 68, your base rate starts higher than someone who bought at 65, but it won't increase just because you turn 69 or 74. I can show you which option costs less over 10 and 15 years based on your situation.

What Plan G actually covers at any age

Plan G picks up nearly everything Original Medicare leaves behind:

Part A deductible ($1,676 per benefit period in 2026)
Part A hospital coinsurance and extra 365 days
Skilled nursing facility coinsurance ($209.50/day, days 21-100)
Part B excess charges
Foreign travel emergency care (80%)

Your only out-of-pocket cost with Plan G is the annual Part B deductible: $283 in 2026. After that, Plan G pays your share of every Medicare-approved service. No networks. No referrals. No surprise copays stacking up.

Why the rate increase history matters more than the starting price

People focus on the first-year premium. That's the wrong number to optimize. At 68, you could be on this plan for 20+ years. A carrier with a $140 starting premium that raises rates 12% annually costs more by year 5 than a carrier starting at $180 with 4% annual increases.

I track rate increase histories for every carrier I work with. When you call, I'll show you the 5-year trend so you can pick a carrier built for the long haul.

Get a personalized Plan G rate comparison

Online quotes give you a ballpark. A 5-minute call gives you exact rates from every carrier available in your zip code, side by side, with rate increase history included.

If you're 68 and buying Plan G for the first time, or looking to switch carriers for a better rate, I'll walk you through every option. No pressure, no cost to you.

Compare Plan G rates for your exact age and zip code

Call 855-559-1700 or get a free quote online