What are the worst Medicare Supplement insurance companies to avoid?

Question

Steven Litzsinger · Accepted Answer

At this point, I'm sure you have heard about rising cost of premiums across Medicare Supplements. I wouldn't say that there are certain companies to avoid; however, I think there are certain carriers that are more favorable in certain markets. You can start by looking at what's available in your market. 

If you want to learn more about certain carriers, historical performance, and want help identifying the best solution and carrier for your market, a licensed Medicare Agent will be a great resource for you and will help avoid some of the pitfalls. 

For our clients, we complete a comprehensive review and access market analytics on the carrier, plans, and historical performance and share that information with clients as a means to educate, empower, and inspire clients to make informed decisions. The end goal is to enroll in a plan with  carrier that is stable and has more predictable performance to avoid the drastic rate swings each year.  The coverage is regulated at the federal level and the coverage is the same for ALL carriers, regardless of the logo. 

You can also find great information on Medicare.gov and the FREE GUIDE, Choosing a Medigap policy. It has a lot of great information and key concepts to consider when you are selecting a plan and carrier.

Michael Andrews · Answer

This answer is provided in a video format. Watch the agent's video response here: https://medicareagentshub.com/questions/what-are-the-worst-medicare-supplement-insurance-companies-to-avoid#michael-andrews

Jason Denniston · Answer

There usually isn’t a “worst” Medicare Supplement company in terms of coverage, because the plans themselves are standardized by Medicare. A Plan G is a Plan G no matter which company you buy it from, and Medicare is the one approving claims, not the supplement company. What really matters is picking a carrier that’s more likely to keep rate increases reasonable over time, even if they aren’t the absolute cheapest upfront. A good local broker should have enough experience with the various plans to let you know which ones to avoid.

Answered by Jason Denniston on May 2, 2026

Broker Licensed in IN, CO, FL & 10 other states

Answered by Jason Denniston Medicare Insurance Agent

Stella Hattox · Answer

That bait with extremely low initial enrollment premiums and later have a significant large rate increase. Be sure and ask your agent about the rate increases for the carrier .

Olivia Kolbe · Answer

Hello 
I will love to meet and provide an educational information on the Medicare supplement 
My goal is help you find a supplement that fits your needs. Please give me a call at your convenience

Celeste McGrath · Answer

This is a question that agents are not going to be allowed to answer outright. For Supplemental (Medigap) policies, there is 1 company in particular I will not write a Supplement plan through but I love them for a different line of coverage. Talk to a licensed agent and you can get some good recommendations for companies as well as estimates on cost.

Answered by Celeste McGrath on May 11, 2026

Broker Licensed in GA, FL, NC & SC

Answered by Celeste McGrath Medicare Insurance Agent

Shalonda Cave · Answer

As a broker, we can’t use superlatives like “best” and “worst,” but I can tell you that Plan G or N is the same regardless of the carrier you choose. However, you should focus on the premium rates charged by each carrier. I usually recommend the lowest-cost rates for my clients.

Answered by Shalonda Cave on May 26, 2026

Agent Licensed in OH, AZ & FL

Answered by Shalonda Cave Medicare Insurance Agent

Bill Brann · Answer

Always look for A rating or better (A.M. Best). You want a company that's going to be around awhile. 

Medicare Advantage (MA) plans are graded every year using a 1–5 (5 being the highest rating) star rating system by the Centers for Medicare & Medicaid Services—think of it as a report card for plan quality.

Use these ratings to help guide you to the better plans that are available.

Daniel Fraser · Answer

As an independent broker that represents most carriers in the state of Florida, I can not and will not answer this question. As long as the carriers are licensed to sell in the state of Florida, you will see their financial ratings, reviews, rate history, etc... and determine with the help of you agent/broker what plan is best for you

Answered by Daniel Fraser on May 7, 2026

Broker Licensed in FL

Answered by Daniel Fraser Medicare Insurance Agent

Frances Eleanor Mitchell · Answer

When looking for a Medicare Supplement you want a company that has been in the industry for awhile and they have a 4 star rating or above.

David Morris · Answer

When it comes to Medicare supplement companies.. Medicare supplements they're all created equal so the ones that I used to go with are the ones that are priced fairly and have a reputation of not having high rate increases annually.

Answered by David Morris on May 11, 2026

Agent Licensed in TX

Answered by David Morris Medicare Insurance Agent

What are the worst Medicare Supplement insurance companies to avoid?

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What are the worst Medicare Supplement insurance companies to avoid?

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