In 2022, 77 percent of companies that provided standardized Medigap (Medicare supplement insurance) policies included plan type A. Medicare Supplement can help protect high cost-sharing and may limit out-of-pocket costs not covered by traditional Medicare. This statistic shows the percentage of companies with standardized Medigap policies in 2022, by plan type.
Percentage of companies with standardized Medigap (Medicare supplement insurance) policies in 2022, by plan type
The enrollment data for this Figure do not include Medicare Supplement enrollment numbers reported by insurance providers to the California DMHC. The data for
standardized policies include Medicare SELECT plans and those issued in three states (MA, MN, and WI) that received waivers from the standardized product provisions of OBRA 1990.
The number of companies with standardized Medicare Supplement policies in force was 299 for 2021. All plans offering new coverage must offer Plan A. Plans E, H, I and J are no longer sold but some policyholders have retained their coverage for these plans.
Waivered States. Three states (Massachusetts, Minnesota, and Wisconsin) offer standardized Medicare Supplement plans but are exempt from the OBRA 1990 standardized plan provisions (and subsequent revisions under the MMA or MIPPA). Standardized plans may therefore be changed by waivered states without federal approval. Individuals who purchase Medicare Supplement plans in one of these three states may keep their plans if they move to other states.
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AHIP. (March 1, 2024). Percentage of companies with standardized Medigap (Medicare supplement insurance) policies in 2022, by plan type [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/413045/companies-with-standardized-medigap-policies-by-plan-type/
AHIP. "Percentage of companies with standardized Medigap (Medicare supplement insurance) policies in 2022, by plan type." Chart. March 1, 2024. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/413045/companies-with-standardized-medigap-policies-by-plan-type/
AHIP. (2024). Percentage of companies with standardized Medigap (Medicare supplement insurance) policies in 2022, by plan type. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/413045/companies-with-standardized-medigap-policies-by-plan-type/
AHIP. "Percentage of Companies with Standardized Medigap (Medicare Supplement Insurance) Policies in 2022, by Plan Type." Statista, Statista Inc., 1 Mar 2024, https://www.statista.com/statistics/413045/companies-with-standardized-medigap-policies-by-plan-type/
AHIP, Percentage of companies with standardized Medigap (Medicare supplement insurance) policies in 2022, by plan type Statista, https://www.statista.com/statistics/413045/companies-with-standardized-medigap-policies-by-plan-type/ (last visited November 23, 2024)
Percentage of companies with standardized Medigap (Medicare supplement insurance) policies in 2022, by plan type [Graph], AHIP, March 1, 2024. [Online]. Available: https://www.statista.com/statistics/413045/companies-with-standardized-medigap-policies-by-plan-type/