One of the biggest changes occurring in the Medicare Supplement market is the shift from Plan F to Plan G. By using our MarketEdge tool, you can customize reports to see the number of quotes ran by plan, demographics, and carrier competitiveness at the state or zip code level. MarketEdge will give you the real-time insight you need by allowing you to track movement across key metrics in this highly competitive market.
Using MarketEdge data, we have been monitoring the increase in Plan G quote activity. Between January 1 and July 1, the number of Plan G quotes increased from 48% in 2017 to 54% in 2018. Plan F decreased from 40% in 2017 to 33% in 2018.
| Plan G | Plan F | |
|---|---|---|
| 2018 | 54% | 33% |
| 2017 | 48% | 40% |
As of July, 30 carriers have introduced Plan G rates in 2018. However, some carriers have been able to maintain their competitiveness as new Plan G entries are available in the market. Below are a list of carriers who have held the top rank position since January 1, 2018.*
State Zip - City Carrier - Plan G
Florida 32803 - Orlando Humana Insurance Company
Nebraska 68106 - Omaha Everest Reinsurance Company
Ohio 43202 - Columbus Puritan Life Insurance Company
Pennsylvania 19102 - Philadelphia GPM Health and Life Insurance Company
South Carolina 29201 - Columbia Greek Catholic Union of the USA
Texas 75201 - Dallas Western United Life Assurance Company
Utah 84101 - Salt Lake City Pan-American Life Insurance Company
*Rates based on an age 65 year old female, non-tobacco, with household discount applied.
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