Medicare Plan G's cost is not a single fixed price; rather, monthly premiums generally fall between $120 and $180, with a 2025 average premium of approximately $155. However, costs vary significantly by state, age, and chosen insurance provider. The plan covers most Medicare-related costs except the annual Part B deductible, which was $257 in 2025.
Key Factors Influencing Plan G Costs
- Location: Premiums differ by state and even by city.
- Age: Your age at enrollment affects your premium, especially if you are not in the initial open enrollment period.
- Insurance Company: Different private insurers set their own premiums.
- Pricing Method: How your premium is set (community-rated, issue-age, or attained-age) impacts future costs.
Plan G Costs vs. Benefits
- Annual Part B Deductible: You pay the Medicare Part B deductible ($257 in 2025) for covered services before the plan begins to pay its share.
- Comprehensive Coverage: After the deductible, Plan G covers nearly all other Medicare out-of-pocket costs, including coinsurance and the Part A deductible.
- Freedom to Choose Doctors: Plan G works with any doctor or hospital that accepts Original Medicare.
How to Find Your Specific Cost
To get an accurate cost for a Medicare Plan G in your area, you need to compare plans from multiple private insurance companies that operate in your state.
