Medigap is a nickname for the type of Indiana Medicare Supplement Insurance which helps protect beneficiaries from the gaps in their Medicare coverage.

There are 10 standardized plans available right now, and the benefits are the same in every state.

They are regulated by the government but sold by private insurance companies. Providers have to differentiate themselves based on price and customer service.

Indiana Medigap Enrollment & Coverage Chart Per Letter Plan

Over 390,000 Medicare beneficiaries have a Medigap supplement in Indiana today. Out of all of the retirees who have Original Medicare in the state, 41.8% have chosen to supplement with Medigap.

2,848 2,211 8,650 2,358 201,604 113,457 1,243 1,053 23 43,545

What are the Most Common Medigap Plans in Indiana?

Based on the available data, Plan F is the most popular by a mile. But it’s the most comprehensive, so that explains why. Unsurprisingly, it can also be the most expensive plan as far as monthly premiums go.

That’s why close alternatives like Plan G exist. It offers fewer benefits, but the two plans are very similar. What you lose in benefits you could gain over time by paying smaller monthly premiums.

The third most popular plan in Indiana is Plan N. It is very comprehensive, similar to Plans F and G. But there are co-pays for beneficiaries who have Plan N, which is why it is a slightly less popular plan.

Medigap Plan Coverage Chart for Indiana

Unless you live in Wisconsin, Minnesota, or Massachusetts, you will have 10 different standardized Medigap plans to choose from. You can only choose one — or choose none, and take your chances. But you can save a lot of money on your healthcare costs by enrolling early and sticking with a reputable provider.

Medicare Supplement Plans Costs in Indiana

Your Medigap provider chooses your monthly rate based on certain risk factors. Things like your age, where you live, and your tobacco usage all help calculate how much it costs to insure you. And they adjust your monthly premium based on that calculation.

Lowest Premium Per Medigap Letter Plan in Indiana

Below are some rough estimates of monthly premiums for Medigap plans in Indiana. Keep in mind these are based on a 65-year-old female and may not apply to beneficiaries of a different gender or age.

Premium $81 $94 $107 $101 $106 $94 $48 $60 $69 $71

Highest Premium Per Medigap Letter Plan in Indiana

Conversely, here’s what you could be paying for a 70-year-old male. Notice how the cost can get more expensive based on factors like age and gender.

Premium $376 $308 $390 $237 $391 $341 $134 $224 $257 $328

Top Medicare Supplement Plan Carriers in Indiana

Here’s a quick breakdown of Medigap plans by provider based on a female beneficiary who is 65 years old. Slbi has the lowest monthly premium for their plans.

Assured Life is the most expensive for beneficiaries who want Plans F and G. New Era and Medico are the most expensive providers for those who want Plan N.

Slbi $106 $97 $71
Assured Life $145 $104 $75
Federal Life $124 $101 $76
New Era $127 $99 $77
Medico $121 $100 $77

Indiana Cities with Estimated Premiums for Medicare Supplement Coverage

Below, there are charts with the estimated premiums for Medicare Supplement coverage for the following cities:


What is the downside to Medigap plans in Indiana?

If you shop around and compare rates first, there’s almost no downside to looking at a Medigap Plan in Indiana. But you do have to make sure you enroll at the right time in order to get guaranteed issue rights. These rights protect you from being overcharged or rejected for coverage based on pre-existing conditions.

Why is Medigap so expensive in Indiana?

Medigap companies are private companies working to earn a profit, and healthcare is expensive in general. These factors can make some Medigap plans seem expensive.

But like we said before, comparison shopping is the best way to get a lower rate. You might also want to consider high-deductible versions of popular plans like Plan F or Plan G as a less expensive alternative.

Does Medigap in Indiana have an out-of-pocket maximum?

There are two Medigap plans which come with an out-of-pocket maximum spending limit. Those are plans K and L. But those plans also have some of the highest cost-sharing rules for beneficiaries. Imposing an OOP maximum helps balance everything out.

Are there deductibles with Medigap in Indiana?

There are two high-deductible plans you can purchase in Indiana: high-deductible Plan F and high-deductible Plan G. You get all the comprehensive benefits of these original plans, but much lower monthly premiums. In exchange for saving money on your premiums, you agree to pay some higher out-of-pocket costs to make it fair for everyone.

How to Sign Up for a Medigap Plan in Indiana

If you want to sign up for the right Medigap plan in Indiana, you should compare it with our licensed Medicare experts. Our agents have years of expertise in the field and can get you paired with the right one from local providers.

Our licensed insurance agents provide this service for free so there’s no reason to not allow them to assist you in this important decision.

Give us a call today. Or simply fill in the fields of our quick online rate form to get rates in your area today!

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by Lindsay Malzone, Lindsay Malzone is the Medicare expert for She's been contributing to many well-known publications as an industry expert since 2017. Her passion is educating Medicare beneficiaries on all their supplemental Medicare options so they can make an informed decision on their healthcare coverage.