How much does Medicare Part C cost in each state in 2023?
The chart below shows the average monthly premium for Medicare Advantage plans in each state.1
Maine, South Carolina, New Mexico, Idaho, Missouri and Nevada have the lowest average monthly Medicare Advantage premiums in 2023, with all five states having average plan premiums of $42 or less per month.
The highest average monthly premiums were for Medicare Advantage plans in Rhode Island, Michigan, Massachusetts, North Dakota and South Dakota.
*Medicare Advantage plans are not sold in Alaska.
Average Drug Deductible for Plans With Prescription Drug Coverage
Plan G is available in most states and is one of the most popular Medigap plans. Medigap Plan G is, in fact, the second-most popular Medigap plan. 32 percent of all Medigap beneficiaries are enrolled in Plan G.2
The chart below shows the average monthly premium for Medicare Supplement Insurance Plan G for each state in 2023.3
Connecticut, Virginia, New Mexico, Iowa and North Carolina had the plans with the lowest average monthly Plan G premiums in 2023, around $120 or less per month.
The highest average monthly Medigap Plan G premiums were in New Hampshire, Florida, Washington, Maine and Colorado, at around $180 or higher per month.
District of Columbia
How much do Medicare Part A and Part B cost in 2024?
Part A and Part B of Medicare have standardized costs that are the same across every state.
Most people qualify for premium-free Part A. To qualify for premium-free Part A, you or your spouse must have worked and paid Medicare taxes for the equivalent of 10 years (40 quarters). Those 40 quarters do not have to be consecutive.
If you pay a premium for Part A, your premium could be up to $505 per month in 2024. If you paid Medicare taxes for only 30-39 quarters, your 2024 Part A premium will be $278 per month. If you paid Medicare taxes for fewer than 30 quarters, your premium will be $505 per month.
The standard Part B premium is $174.70 per month in 2024. Some beneficiaries may pay higher premiums for their Part B coverage, based on their income. This change in cost is called the IRMAA (Income-related Monthly Adjustment Amount).
Christian Worstell is a senior Medicare and health insurance writer with MedicareAdvantage.com. He is also a licensed health insurance agent. Christian is well-known in the insurance industry for the thousands of educational articles he’s written, helping Americans better understand their health insurance and Medicare coverage.
Christian’s work as a Medicare expert has appeared in several top-tier and trade news outlets including Forbes, MarketWatch, WebMD and Yahoo! Finance.
Christian has written hundreds of articles for MedicareAvantage.com that teach Medicare beneficiaries the best practices for navigating Medicare. His articles are read by thousands of older Americans each month. By better understanding their health care coverage, readers may hopefully learn how to limit their out-of-pocket Medicare spending and access quality medical care.
Christian’s passion for his role stems from his desire to make a difference in the senior community. He strongly believes that the more beneficiaries know about their Medicare coverage, the better their overall health and wellness is as a result.
A current resident of Raleigh, Christian is a graduate of Shippensburg University with a bachelor’s degree in journalism.
If you’re a member of the media looking to connect with Christian, please don’t hesitate to email our public relations team at Mike@tzhealthmedia.com.
1 TZ Insurance Solutions analysis of data provided by the Centers for Medicare & Medicaid Services (CMS), including the 2023 MA Landscape Source Files as well as carrier-provided plan data provided by Sun Fire Inc.
3 Internal sales data provided by TZ Insurance Solutions LLC, 2023. This data is based on the Medicare Supplement Insurance policies TZ Insurance Solutions LLC has sold. It is not a comprehensive national average of all available Medicare Supplement Insurance plan premiums.
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