Looking for a household discount on Medicare supplement plans? Here we explain how they work and where to find them.
Medicare Supplement (Medigap) plans are federally regulated and require that each insurance provider offer the exact same benefits for each lettered plan. Therefore, we recommend that after you choose the right level of coverage, shop for a plan with the best price. To learn why prices differ so much, read Why the Same Medigap Plan G Costs More From One Company Than Another.
What is the Medigap Household Discount?
If you and your spouse (or another eligible household member) sign up with the same Medigap insurance provider, you may receive a household discount on your premium. Discounts vary by insurance company and state, typically ranging from about 5% to 14%. Some companies apply the discount even if your spouse is already enrolled and you newly apply, while others require both of you to enroll. Rules depend on the carrier.
Which Medigap Companies Offer a Household Discount?
Many Medigap insurance companies offer household, roommate or other multi-insured discounts, and the list changes by state. The easiest way to see who offers them in your area is to get an instant Medigap quote. The results page shows which companies offer household or roommate discounts. You can also call 800-930-7956 to learn more.
Additional Medigap Discounts
- Roommate Discount: It’s similar to the Household Discount, but less strict. Some insurance providers will give you a discount if you are just living with someone! Check out our article for details: “What is the Medigap Roommate Discount and How do I get it?“.
- New to Medicare Discount: Some carriers offer a discount of up to $30 a month if you enroll in Medigap within 6 months of your Part B effective date. Availability varies by carrier and state. Learn more about the New to Medicare Discount for Medigap.
- Medigap Auto-pay Discount: Some Medigap providers offer a flat rate discount for those who set up autopay. Usually $2 or $3 a month.
- Gym Membership: Some Medigap providers offer the “silver sneaker” or similar programs that offer discounted or free gym memberships.
For a full picture of what you’ll pay, see The Ultimate Guide to Medigap Costs and Premiums, How to Decide Between Medigap Plan G Companies? and Why Are Medigap Premiums Increasing So Much?
Next Steps
Get an instant Medigap quote to compare prices and see which companies offer household or roommate discounts, or call one of our licensed agents at 800-930-7956. We can help you figure out the best Medigap plan for your needs.