Still Paying $300–$500 a Month for Medigap? Here’s What You Need to Know

Written By Gabe Erickson

If you're paying hundreds of dollars a month for Medigap coverage, you're not alone—and you might be paying more than you need to.

We meet with people all the time who are on traditional Medicare with a Medigap supplement, often paying between $300 and $500 per month in premiums. In many cases, they’re surprised to learn that they may qualify for a Medicare Advantage plan with a $0 monthly premium—and more benefits included.

What’s the Difference?

Here’s a simple way to understand the two options:

Medigap (Supplemental Insurance):

  • Monthly premiums often range from $300–$500+

  • You can see doctors nationwide

  • Doesn’t include extras like dental or vision

  • No cap on out-of-pocket costs

Medicare Advantage Plans:

  • Often come with $0 monthly premiums

  • You’ll typically use a provider network

  • Many plans include extras like dental, vision, and gym memberships

  • Has a yearly maximum out-of-pocket limit for added protection

Medigap can be a good fit for some—but in many cases, it’s more than people actually need, especially if they’re healthy and on a fixed income.

Who Should Take a Closer Look?

  • You're turning 65 and about to enroll in Medicare

  • You're already enrolled, but your premiums are feeling heavy

  • You're helping a parent or loved one manage their coverage

  • You're a Veteran with Tricare or VA coverage and want to know your options

What’s the First Step?

We offer free Medicare reviews to help you compare your current plan with other available options. There’s no pressure—just honest guidance and clear answers.

You deserve to know what’s out there. And you deserve a plan that fits your life, not just your paperwork.

Ready to explore your options?

Contact us at 406-248-5547

Gabe Erickson