Independent Carrier Review

Colonial Penn Medicare Plans in Florida

A familiar TV brand offering Medigap coverage — but always compare rates before enrolling.

Colonial Penn is one of the most advertised insurance brands on television, but name recognition doesn't always mean the best rate. As an independent broker, I compare Colonial Penn against every other Medigap carrier in your ZIP code so you get the best value — not just the most familiar name.

A- Financial Rating (AM Best)

1+

Plan Types Offered

3

A- Financial Rating (AM Best)

0+

$0 Premium Plans

Free

My Comparison Service

Colonial Penn Medicare Plans — An Independent Review

Colonial Penn Life Insurance Company, a subsidiary of CNO Financial Group, offers Medicare Supplement plans in Florida. Their heavy TV advertising makes them one of the most recognized names in senior insurance. However, Colonial Penn's Medigap rates are not always the most competitive — which is exactly why working with an independent broker matters. I compare Colonial Penn against 20+ carriers in your area to find the best rate for identical coverage.

Sample Colonial Penn Plans in Florida

Plan availability and premiums vary by ZIP code. Call me for exact plans in your area.

Medicare Supplement

Colonial Penn Medigap Plan G

$108–$168/mo

premium

  • Covers all Medicare gaps except Part B deductible
  • Any Medicare-accepting doctor nationwide
  • Nationally advertised brand
  • Same standardized benefits as all Plan G policies
Medicare Supplement

Colonial Penn Medigap Plan N

$78–$120/mo

premium

  • Lower premium than Plan G
  • Small office/ER copays
  • Nationwide coverage
  • Familiar brand name

* Sample plans shown for illustration. Actual plans, premiums, and benefits vary by ZIP code and are subject to change. Contact me for current plan details in your area.

Colonial Penn Medicare — Pros & Cons

Pros

  • Nationally recognized brand
  • Available in Florida
  • No network restrictions
  • Standardized coverage same as all Medigap carriers
  • Easy enrollment process

Cons

  • Rates often higher than lesser-known carriers for identical coverage
  • Heavy advertising costs reflected in premiums
  • Medical underwriting outside open enrollment
  • Better value often available from other carriers

Best for: Seniors who specifically want a heavily advertised brand — but I always recommend comparing rates first

Why Compare Colonial Penn With an Independent Broker?

  • I compare Colonial Penn against every other carrier available in your ZIP code
  • Colonial Penn agents can only sell Colonial Penn plans — I represent 12+ carriers
  • I verify your doctors are in-network and your medications are covered before you enroll
  • I compare total annual costs, not just monthly premiums
  • Free service — I'm paid by the carriers, never by you
  • I review your plan every Annual Enrollment Period to make sure it's still the best fit
  • Florida specialist — 29+ years experience

"Had 2 interactions with William in applying for Medicare and then in getting signed up for the necessary supplements. On both occasions I received prompt professional service — this guy is on it. Very pleased with my experience with Mr. Gray."

Stephen Foster

Florida

Colonial Penn Medicare — Frequently Asked Questions

Is Colonial Penn Medigap a good deal?

Colonial Penn offers legitimate, standardized Medigap coverage — but their rates are often higher than lesser-known carriers offering identical benefits. I always compare them against 20+ carriers before recommending.

Is Colonial Penn the same as AARP Medicare?

No — Colonial Penn and AARP/UnitedHealthcare are completely separate companies. Both offer Medigap, but they are different insurers with different rates.

Official Colonial Penn & Government Resources

Always verify plan details directly with the carrier and CMS before enrolling.

* These links go directly to Colonial Penn's website, CMS.gov, and Medicare.gov. I am not affiliated with these government sites. Always compare plans with an independent broker before enrolling.

Ready to Compare Colonial Penn Medicare Plans?

I'll compare Colonial Penn against every other carrier available in your ZIP code — factoring in your doctors, prescriptions, and budget. Free service, no obligation.

We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE (TTY: 1-877-486-2048) to get information on all of your options.

Not affiliated with or endorsed by the U.S. government or the federal Medicare program. This is an advertisement for insurance. William Gray and affiliated licensed agents are independent insurance agents, not government employees or representatives. Medicare has neither reviewed nor endorsed this information.

Not all plans or types of coverage may be available in your area. Plan availability, benefits, and premiums vary by county and ZIP code. Enrollment in any plan depends on contract renewal. Benefits, premiums, and cost-sharing may change on January 1 of each year.

Independent Agent & Compensation Disclosure. William Gray is an independent licensed insurance agent (FL License #W690237) and is not employed by or exclusively affiliated with any single insurance company. William is compensated by insurance carriers when you enroll in a plan. This compensation does not affect the premium you pay — your premium is the same whether you enroll through a broker or directly with the carrier. Affiliated agents are independent contractors solely responsible for their own conduct and representations.