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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