How Much Does Medicare Supplement Plan G Cost in New York in 2027?

If you’re shopping for Medicare Supplement insurance in New York, one of the first questions you probably have is: How much does Medicare Supplement Plan G cost?

The answer depends on where you live, which insurance company you choose, and the rates in effect when your coverage begins.

Medicare Supplement Plan G, also known as Medigap Plan G, is a popular option for people who want predictable medical expenses and the flexibility to visit doctors who accept Medicare.

But not all Plan G policies cost the same.

Here’s what New Yorkers should know when comparing Medicare Supplement coverage for 2027.

What Is the Average Cost of Medicare Supplement Plan G in New York?

Plan G premiums vary considerably by insurance company and region.

For example, the New York State Department of Financial Services published the following monthly premiums effective July 1, 2026:

Selected published rate. Some insurers list multiple rates depending on the policy or eligibility criteria.

These examples illustrate why comparing insurance companies matters. Two policies offering the same standardized Plan G benefits can have substantially different monthly premiums.

Important: These are published July 2026 rates, not confirmed 2027 premiums. New York insurers have submitted proposed changes for 2027, but proposed increases should not be treated as final rates.

The best way to determine your actual cost is to compare current quotes for your ZIP code and effective date.

What Does Medicare Supplement Plan G Cover?

Medicare Supplement Plan G helps pay many of the out-of-pocket expenses associated with Original Medicare.

For beneficiaries newly eligible for Medicare on or after January 1, 2020, Plan G generally covers:

• Medicare Part A hospital coinsurance and most additional hospital costs.
• The Medicare Part A deductible.
• Medicare Part B coinsurance and copayments.
• Skilled nursing facility coinsurance.
• Medicare Part B excess charges.
• Certain foreign travel emergency expenses, subject to plan limits.

Plan G does not pay the Medicare Part B annual deductible.

After you meet that deductible, Plan G generally covers the remaining Medicare-approved cost-sharing for covered Part A and Part B services.

You still pay your Medicare Part B premium and your separate Plan G premium.

Why Is Medicare Supplement Plan G Expensive in New York?

New York has some of the strongest consumer protections for Medicare Supplement insurance.

Unlike many other states, New York requires insurers offering Medigap policies to accept eligible applicants throughout the year, regardless of their health conditions.

Insurance companies cannot charge someone a higher premium simply because they have a medical condition or a history of healthcare claims.

This makes New York especially attractive to Medicare beneficiaries who want flexibility to change insurers.

However, New York’s community-rating requirements and insurance market conditions can contribute to higher premiums.

Can You Change Medicare Supplement Plans Anytime in New York?

Generally, yes.

New York allows eligible Medicare beneficiaries to apply for Medicare Supplement coverage throughout the year.

For example, you may be able to move from one insurance company’s Plan G to another company’s Plan G if you find a lower premium.

You may also be able to explore a different standardized Medigap plan depending on your coverage needs.

This flexibility is particularly valuable for people who want to review their premiums annually.

You should always arrange the new policy before canceling existing coverage to avoid an unintended gap.

Plan G vs. Plan N: Which Is Better?

Two popular Medicare Supplement choices in New York are Plan G and Plan N.

Both work with Original Medicare and generally allow you to see healthcare providers nationwide who accept Medicare.

However, the plans handle certain expenses differently.

Plan N may appeal to people who are comfortable with certain office visit and emergency room copayments in exchange for a potentially lower monthly premium.

Plan G may appeal to beneficiaries looking for more comprehensive standardized cost-sharing protection.

What About High-Deductible Plan G in New York?

High-Deductible Plan G is another option worth considering, particularly for people who want a lower monthly premium.

The coverage is based on Plan G’s standardized benefits, but the beneficiary must meet a separate annual high deductible before the policy begins paying covered benefits.

For example, New York’s July 2026 published rates include High-Deductible Plan G premiums of $91 per month from Globe Life in certain NYC and Long Island areas.

That is substantially less than many standard Plan G premiums.

However, lower premiums mean greater potential out-of-pocket expenses before the high-deductible policy begins paying.

High-Deductible Plan G can be attractive for some relatively healthy beneficiaries, but the annual deductible and overall financial exposure should be evaluated carefully.

How to Find the Best Medicare Supplement Plan G in New York

If you’re comparing Medicare Supplement insurance in Manhattan, Brooklyn, Queens, Nassau County, Suffolk County, or Westchester, don’t compare premiums alone.

Consider the insurance company’s current rates, history of premium increases, discounts, and the differences among standardized plan types.

Remember that Plan G benefits are standardized. The core medical benefits of a standard Plan G policy are generally the same regardless of the insurance company.

Compare Medicare Supplement Plans With Plan Medicare

At Plan Medicare, our licensed advisors help New York Medicare beneficiaries compare Medicare Supplement plans from available insurance companies.

Whether you’re enrolling for the first time or wondering if you’re overpaying for your existing coverage, we’ll help you understand your options.

See if you could save on your Medicare Supplement premiums without sacrificing the coverage you need.

Our guidance is always free and there’s no obligation to enroll.