Is Plan G Worth It in Florida? A Full Medicare Supplement Breakdown

Medicare Supplement Plan G is the most popular Medigap plan in Florida -- and for good reason. But with monthly premiums ranging from $120 to $180 or more, many seniors wonder: is it really worth it?

The honest answer: for most Florida seniors, yes. Here is why.

Plan G covers virtually everything that Original Medicare does not -- with one exception: the Medicare Part B deductible ($283 in 2026).

Plan G covers:

• Medicare Part A coinsurance and hospital costs (up to an additional 365 days after Medicare benefits are exhausted)
• Medicare Part B coinsurance or copayment
• Blood (first 3 pints)
• Part A hospice care coinsurance or copayment
• Skilled nursing facility care coinsurance
• Part A deductible ($1,736 in 2026)
• Part B excess charges
• Foreign travel emergency (80%, up to plan limits)

The only thing Plan G does NOT cover:

• The Part B deductible ($283/year in 2026)

Let us run the numbers for a typical Florida senior.

Plan G costs:

• Monthly premium: ~$140/month = $1,680/year
• Part B deductible: $283/year
• Total annual cost: ~$1,963

Without Plan G (Original Medicare only):

• Part B deductible: $283/year
• 20% coinsurance on all Part B services
• Part A deductible: $1,736 per benefit period
• Skilled nursing facility coinsurance: $209.50/day (days 21-100)
• No cap on out-of-pocket costs

The break-even point: If you have one significant health event -- a hospitalization, a surgery, or a series of specialist visits -- Plan G typically pays for itself. The Part A deductible alone ($1,736) exceeds the annual premium for many Plan G policies.

Plan G is especially valuable for:

• Seniors with chronic conditions who see doctors and specialists regularly
• Seniors who have had or expect surgery -- the hospital cost savings alone can be enormous
• Snowbirds and frequent travelers who need nationwide coverage
• Seniors who value predictability -- with Plan G, you know exactly what your healthcare will cost
• Seniors who want freedom of choice -- no networks, no referrals, any Medicare provider in the country

Plan G may be more than you need if:

• You are in excellent health and rarely use medical services
• You are comfortable with the risk of higher out-of-pocket costs in exchange for lower premiums
• You are considering High-Deductible Plan G (HDG) as a lower-premium alternative

Plan N is the main alternative to Plan G. It has a lower premium but requires small copays ($20 for office visits, $50 for ER visits) and does not cover Part B excess charges.

The math on Plan N:

• If you visit the doctor 6 times a year: $120 in copays
• If you visit the ER once: $50 in copays
• Total extra costs: ~$170/year

If the premium difference between Plan G and Plan N is more than $170/year, Plan N may save you money. If it is less, Plan G is the better value.

Since all Plan G plans cover the same benefits, the only difference is the price. I represent 15+ Medigap carriers in Florida and can compare rates from all of them to find you the lowest premium for Plan G coverage.

Rates vary significantly by carrier, age, gender, tobacco use, and zip code. A 30-minute conversation with me can save you $300-$600 per year on your Plan G premium.

Call me at (386) 871-3858 or schedule a free Plan G comparison at calendly.com/themedicaredude/75.