Medico Plan Comparison
| Plan | What’s Covered | Monthly Premium |
|---|---|---|
| Plan A | Medicare Part A & B coinsurance and copayments, first 3 pints of blood, hospice care coinsurance | Call for rate |
| Plan F | All Medicare gaps – most comprehensive Medigap plan (available to those eligible before Jan 1, 2020) | Call 312.800.0751 |
| Plan F (High-Deductible) | Same benefits as Plan F after meeting the 2026 annual deductible ($2,950) | Call 312.800.0751 |
| Plan G | All Medicare gaps except Part B deductible ($283 in 2026) – best overall value for new enrollees | $163.72/mo Sample 2026 rate · Age 65, Female, Non-Tobacco, Metro |
| Plan N | Part A & B coinsurance, hospitalization; copays up to $20/office visit and $50/ER – lower premium option | $111.00/mo Sample 2026 rate · Age 65, Metro area |
Rates sourced from Medico published premiums, effective 2026, subject to underwriting and household discount eligibility. Call 312.800.0751 for your personalized rate.
SHOW THE SAVINGS: PLAN F vs PLAN G
Plan F and Plan G pay for exactly the same things, with one single exception: Plan F pays your Medicare Part B deductible and Plan G does not. For 2026 that deductible is $283. The Part A deductible, all of the coinsurance, skilled nursing care, Part B excess charges and foreign travel emergency coverage are identical on both plans.
So the entire decision comes down to one question:
Does Plan F cost more than $283 per year more than Plan G?
Yes: Plan G is the cheaper plan.
No: Plan F is the cheaper plan.
Worked example (2026)
The premiums below are round sample numbers to show the math, not Medico rates. See the Medico rates above for actual 2026 pricing, or call 312.800.0751 for your personal rate.
| Your annual cost | Plan F | Plan G |
|---|---|---|
| Step 1. Annual premium (sample: $200 vs $165 a month) | $2,400 | $1,980 |
| Step 2. Part B deductible you pay yourself | $0 (Plan F pays it) | $283 |
| Step 3. Total worst case cost for the year | $2,400 | $2,263 |
| Annual savings with Plan G | - | $137 |
How to read it: Plan F costs $420 more per year in premium ($2,400 minus $1,980), but the only extra thing it buys you is the $283 deductible. You would be paying $420 to avoid $283 of cost, so Plan G finishes $137 ahead. And that is the worst case, in a year where you actually use the whole deductible. In a year you never meet it, Plan G is ahead by the full $420.
Break-even point: with a $1,980 Plan G premium, Plan F only wins if it is priced at $2,263 a year or less. Anything above that and Plan G is the better buy.
Important: Plan F is only available if you were eligible for Medicare before January 1, 2020. If you turned 65 after that date, Plan G is the most comprehensive Medicare Supplement you can buy.
Why Choose Medico Medicare Supplement?
- Household discount of 7-12% (varies by location) – save on premiums when you and another adult in your household both have a Medico Medicare Supplement policy
- Optional dental, vision & hearing coverage – add on supplemental dental (Gold or Platinum), vision, and hearing plans not covered by standard Medicare
- Strong financial ratings – A- (Excellent) from AM Best and A+ from the Better Business Bureau
- No pre-existing condition waiting period – when you enroll during your Medigap Open Enrollment Period, coverage begins immediately with no look-back period
- Easy online portal – manage claims and account details through Medico’s secure customer portal
Frequently Asked Questions
Does Medico offer a household discount in Illinois?
Yes. Medico offers a household discount that typically ranges from 7% to 12% depending on the state. To qualify, you and another adult in your household must both have (or be applying for) a Medico Medicare Supplement policy. In some states, Medico will apply the discount if you simply share a residence with another adult, even if they are not on a Medico plan – call 312.800.0751 to confirm the exact discount available in your Illinois zip code.
Can I add dental coverage with Medico?
Yes. While standard Medicare Supplement plans don’t cover dental, Medico offers supplemental dental plans (Gold and Platinum tiers) that can be added alongside your Medigap policy – a unique advantage over many competitors.
When is the best time to enroll in a Medico Medicare Supplement plan?
Your best window is the 6-month Medigap Open Enrollment Period starting when you turn 65 and enroll in Medicare Part B. During this time, Medico cannot deny coverage or apply waiting periods due to pre-existing conditions.
What’s the difference between Plan G and Plan N?
Plan G covers everything except the Medicare Part B deductible ($283 in 2026). Plan N carries the same core coverage but requires copays up to $20 per office visit and $50 per ER visit, with a lower monthly premium – a good fit if you don’t frequently visit the doctor.
Compare More Illinois Medicare Supplement Carriers
Shopping multiple carriers is the best way to find the right plan and rate. Compare Cigna Medicare Supplement plans, Physicians Mutual Medicare Supplement plans, BlueCross BlueShield of Illinois Medicare Supplement plans, and Humana Medicare Supplement plans – or view all carriers on our Illinois Medicare Supplement Insurance comparison page.
Ready to Find Your Medico Plan?
Compare 2026 Medico Medicare Supplement rates online, or talk with a licensed Illinois agent. No cost, no obligation.