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GPM Life Medicare Supplement Plans

GPM Medicare Supplement plans are available to help you cover the many expenses that remain when using Original Medicare (Medicare Part A and Part B) alone. These supplemental coverage options from Government Personnel Mutual (GPM) Life Insurance Company provide enrollees a path to reduce out-of-pocket spending while allowing them to avoid networks and other restrictions.

GPM Medicare Supplement Plans for 2024

In total, there are 12 lettered GPM Medicare Supplement plans, also known as GPM Medigap plans, which each come with their own level of coverage and pricing. Therefore, no matter your healthcare and budget needs, you’ll be able to find the right benefits. GPM Life Medicare Supplement plans offer some of the most popular benefits options available:

  • GPM Medicare Supplement Plan F
  • GPM Medicare Supplement Plan G
  • GPM Medicare Supplement Plan N

While each GPM supplement plan is a great option, comparing their costs and coverage is essential to see which works best for you. Furthermore, there are also enrollment restrictions that may apply, although these plans are open to both military and civilians. Below, we’re reviewing the most popular options for Government Personnel Mutual Life Insurance Company Medicare Supplement Plans available.

GPM Medicare Supplement Plan F

GPM Medicare Supplement Plan F is the most comprehensive form of Medigap coverage the company has to offer. But it’s important to note that GPM Plan F is only available to those that were eligible for Original Medicare benefits prior to January 1, 2020.

While you’ll still have to pay your monthly premium, you’ll also be covered with better coverage than any other offering. When using Medicare Part A and Part B, you’re still going to need to cover 20% of your healthcare costs, but not with GPM Medicare Supplement Plan F. Your benefits will help you cover these out-of-pocket expenses.

Because there are more benefits, you can expect to pay more for GPM Plan F. But remember, you have to be eligible in order to enroll. Because of these restrictions, if you’re new to Medicare and still looking to enjoy a more comprehensive form of benefits, GPM Medicare Supplement Plan G is a great alternative.

GPM Medicare Supplement Plan G

The next most popular option is GPM Medicare Supplement Plan G, which offers comparable coverage to GPM Plan F. If you are not eligible for GPM Medicare Supplement Plan F, GPM Plan G will be your most comprehensive choice.

You are responsible for the annual Medicare Part B deductible with GPM Medicare Supplement Plan G, but once you meet your deductible, you’ll pay zero out-of-pocket costs after Original Medicare pays its portion.

Again, because there are more benefits available in GPM Plan G than in other coverage options, your premium will be higher as a result. However, if you are looking for viable healthcare benefits that keep your budget in mind, GPM Medicare Supplement Plan N is also available.

GPM Medicare Supplement Plan N

If you are relatively healthy, GPM Medicare Supplement Plan N could be your most beneficial option. The low premium and small copayments on select services make GPM Plan N great for those on a budget who do not anticipate multiple doctor visits annually.

You’ll need to cover the costs of your Medicare Part B deductible and Part B excess charges in states that allow them. However, GPM Medicare Supplement Plan N is still a great option that can help you cover the many other out-of-pocket expenses for Medicare-approved services.

While these three coverages are the most popular, there are other GPM Medigap plans available. This includes GPM Medicare Supplement Plan A and Plan C, which may be better options for your needs. Your healthcare and budget needs are unique, and by reviewing them along with plan options together with a licensed Medicare agent, you can identify the right option for you.

How Much Do GPM Medicare Supplement Plans Cost?

The cost of GMP Medicare Supplement plans can vary between people and by ZIP Codes due to several factors determining your premium rate. These factors include your chosen policy, tobacco use, age, and gender.

Furthermore, if you are outside your Medicare Supplement Open Enrollment Period, your premiums will also be higher. You may even face denial from a Medicare Supplement policy based on your health altogether, which is why it’s important to enroll as soon as you are eligible.

But remember, your state has one of the most significant impacts on your monthly GPM Medicare Supplement premium. Different states allow different Medicare Supplement pricing methods. Therefore, the GPM Medicare Supplement plan in another state could cost more or less.

To gain an idea of what you can expect to pay for GPM Medicare Supplement plans, we’ve compared the average costs across multiple cities for the carrier’s most popular coverage options. Our methodology uses Medicare’s Medigap policy finder to determine both male and female beneficiaries 65 and 75 years of age who abstain from tobacco:

GPM Medicare Supplement Premium in TX ZIP Code 78209 (Male)
Medigap Plan Monthly Premium Age 65 Monthly Premium Age 75
Medicare Supplement Plan F $263 $380
Medicare Supplement Plan G $222 $288
Medicare Supplement Plan N $138 $180
GPM Medicare Supplement Premium in TX ZIP Code 78209 (Female)
Medigap Plan Monthly Premium Age 65 Monthly Premium Age 75
Medicare Supplement Plan F $228 $298
Medicare Supplement Plan G $193 $251
Medicare Supplement Plan N $120 $156
GPM Medicare Supplement Premium in ZIP VA Code 20120 (Male)
Medigap Plan Monthly Premium Age 65 Monthly Premium Age 75
Medicare Supplement Plan F $239 $317
Medicare Supplement Plan G $165 $218
Medicare Supplement Plan N $90 $119
GPM Medicare Supplement Premium in ZIP VA Code 20120 (Female)
Medigap Plan Monthly Premium Age 65 Monthly Premium Age 75
Medicare Supplement Plan F $208 $275
Medicare Supplement Plan G $143 $189
Medicare Supplement Plan N $78 $104
GPM Medicare Supplement Premium in ZIP KY Code 40475 (Male)
Medigap Plan Monthly Premium Age 65 Monthly Premium Age 75
Medicare Supplement Plan F $282 $373
Medicare Supplement Plan G $198 $261
Medicare Supplement Plan N $98 $130
GPM Medicare Supplement Premium in ZIP KY Code 40475 (Female)
Medigap Plan Monthly Premium Age 65 Monthly Premium Age 75
Medicare Supplement Plan F $245 $324
Medicare Supplement Plan G $172 $227
Medicare Supplement Plan N $85 $113

GPM Medicare Supplement Eligibility

If you’re eligible for Original Medicare benefits, then you’re eligible to enroll in GPM Medigap plans. Your Medicare Part A and Part B coverage leaves behind out-of-pocket expenses. GPM Life Medicare Supplement coverage helps you cover those expenses, meaning you’ll simply need to be enrolled in Original Medicare to qualify for coverage.

But it’s important to remember to enroll during your Medicare Supplement Open Enrollment Period. This is because even if you are eligible for supplemental coverage, you may still be denied when applying outside of this time period. It’s always recommended that you sign up for a GPM Medicare Supplement plan as soon as you’re eligible to keep your costs low.

GPM Medicare Supplement Reviews

The company boasts an A- rating through A.M. Best, indicating an excellent ability to meet obligations. GPM consistently has high ratings, and its Medicare Supplement plans are competitive in many areas.

If GPM Medicare Supplement plans have the lowest premium in your area, they make a great choice. GPM’s products are top-quality and supported by an outstanding customer care team. We proudly offer GPM as one of the best Medicare Supplement plan insurance companies in the Medigap industry.

Is GPM Health and Life Part of Mutual of Omaha?

Yes, GPM is a part of Mutual of Omaha, which is also responsible for processing claims and providing customer service. Though they specialize in serving government employees and the military community, anyone that is eligible for Medicare benefits can enroll and enjoy many of the perks and great customer service of the Mutual of Omaha brand along with their benefits.

GPM Medicare Supplement FAQs

Is GPM Life Medicare Supplement for federal employees?
While GPM has a long history of serving military personnel and federal employees, you do not need to be either to apply. They offer Medigap to all who are eligible.
Does GPM Medicare Supplement Cover Silver Sneakers?
No, while SilverSneakers may be available through a select number of Medicare Supplement carriers, GPM is not one of them. However, GPM Medicare Supplement plans offer tremendous value by cutting out-of-pocket costs that many clients find beneficial regardless.
Is GPM Life Supplemental Medicare Issue-Age Rated or Attained-Age Rated?
Individual state governments usually set the pricing method for GPM Medicare Supplement plans. Therefore, your coverage’s pricing method will vary depending on the state rather than company policy.
Is GPM a Good Insurance Company?
Yes, GPM is a great insurance company, evidenced by the top ratings provided by independent agencies such as A.M. Best.
Can GPM Medigap be paid each month automatically with a credit card?
Yes, you can set up a monthly payment to debit automatically from a checking account.

How to Sign Up for a GPM Medicare Supplement Plan

If you are interested in enrolling in a GPM Medicare Supplement plan, we can help. It’s essential to review all of the plan and carrier options in your area, and GPM Medicare Supplement plans may be best for you, depending on your location.

Instead of providing you with the same coverage as everyone else, our team breaks down the needs of your healthcare and budget through a personalized approach for your benefits.

Complete our online rate form online rate form today to review your plan options and receive a free side-by-side comparison of GPM Medicare Supplement plans! Our staff of fully licensed Medicare agents is here to help you find the right coverage for your needs.

Sources

MedicareFAQ is dedicated to providing you with authentic and trustworthy Medicare information. We have strict sourcing guidelines and work diligently to serve our readers with accurate and up-to-date content.

  1. Medicare Supplement, GPM Life. Accessed August 2022.
    https://www.gpmlife.com/gpmlife/Products/Medicare-Supplement
  2. Medicare Supplement Insurance, GPM Life and Health. Accessed August 2022.
    https://www.gpmhealthandlife.com/gpmhl/Products/Products-Overview
Kayla Hopkins

Kayla Hopkins

Content Editor
Kayla Hopkins is an accomplished writer and Medicare guru serving as the Editor of MedicareFAQ.com. Upon completing her Communications degree from Ohio University, Kayla dedicated her time to understanding the ever-evolving landscape of healthcare. With her extensive background as a Licensed Medicare Insurance Agent, she brings a wealth of knowledge and expertise to her writing.

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