Best Medicare Supplement Plans in Minnesota (2026)

Bankers Life offers the best Medicare Supplement plan in Minnesota with monthly premiums at $287, saving you $89 below the national average or over $1,000 annually. AARP follows closely at $320 monthly with strong nationwide availability. State Farm costs $665 monthly but offers local agent support if you prefer in-person service. Minnesota uses community rating, so your premium won't increase just because you get older. Rates only adjust annually for all policyholders based on medical cost trends.

*These Medicare Supplement rates reflect the Extended Basic plan for a 65-year-old in Minnesota. Extended Basic is the most popular of Minnesota's two main standardized plans. Your actual premium may vary based on your ZIP code, tobacco use and household discount eligibility. Savings shown represent the difference from the national average monthly cost of $376.

Minnesota insurers charge different rates for the same Medigap coverage. Community rating means you won't pay more as you age. Use the filters below to compare costs across all Minnesota plan types and deductible options.

*These Medicare Supplement rates reflect 2026 community pricing in Minnesota. Extended Basic plans cover the Part B deductible only for those eligible for Medicare before January 1, 2020. Premiums vary by plan type, deductible level and insurance company. Minnesota offers unique structures including Basic, Extended Basic, 50% Cost Sharing and High Deductible options.

Minnesota Medicare Supplement premiums range from $78 to $376 monthly for 65-year-olds in 2026, depending on plan type and cost-sharing structure. Community rating keeps your premium stable regardless of age. A 65-year-old and 75-year-old pay identical rates for most plans, unlike other states where premiums increase annually. High Deductible options start at $78 monthly. Extended Basic plans cost more upfront but cover nearly all Medicare gaps, including the Part A deductible and skilled nursing coinsurance.

Minnesota offers two main standardized Medigap plans (Basic and Extended Basic) that differ from the A-N plans sold in other states. Both plans cover inpatient hospital costs, medical costs, blood transfusions and Part A hospice cost sharing. Extended Basic adds the Part A deductible ($1,736), 20 additional days of skilled nursing facility coverage (120 days total vs. 100 days) and 80% coverage for usual and customary fees. Insurers also offer Minnesota versions of Plans K, L, M and N with varying cost-sharing structures.

Choosing the right insurer and plan in Minnesota comes down to price, financial stability and service quality. The state's Department of Commerce regulates premium rates and tracks consumer complaints to protect policyholders. Compare companies carefully since identical Extended Basic coverage varies by hundreds of dollars annually between insurers.

Minnesota residents can get free help selecting Medicare Supplement coverage from these resources: 

• Senior LinkAge Line: Minnesota's State Health Insurance Assistance Program provides free, unbiased counseling on Medicare, Medigap and prescription drug coverage. Call 1-800-333-2433 Monday through Friday from 8 a.m. to 4:30 p.m.
  
• Minnesota Department of Commerce: This agency regulates insurance companies in Minnesota and resolves consumer complaints. The department's Consumer Services Center helps with questions about insurance coverage and investigates disputes between consumers and insurers. Call 651-539-1600 (Twin Cities) or 800-657-3602 (Greater Minnesota). 
  
• Minnesota Board on Aging: Works with Minnesota's Area Agencies on Aging to offer services and supports for older Minnesotans, including Medicare counseling through local offices. The board administers Older Americans Act funding and provides objective information about meeting the needs of older residents. 
  
• Medicare.gov: The official Medicare website has tools for comparing plans in your ZIP code, including Medicare Supplement policies.

Bankers Life offers Minnesota's best value at $287 monthly, delivering over $1,000 in annual savings. Minnesota's community rating protects you from age-based increases, but premiums still range from $78 to $376 depending on your plan choice. Review each carrier's complaint history and rate trends before enrolling to secure best and affordable coverage.

We've answered the most frequently asked questions about finding the best Medicare Supplement plans in Minnesota, including costs, coverage options and how the state's community rating affects your premiums:

Minnesota requires all Medigap insurers to offer two standardized plans: Basic and Extended Basic. Beyond these required options, insurers can offer additional plans like copay plans, cost-sharing plans and high-deductible options. You'll choose coverage based on your healthcare needs and retirement budget. We designed our analysis to identify which insurers deliver the best value within Minnesota's distinctive Medigap system. 

How We Scored Providers

We evaluated Minnesota Medigap insurers using three factors that determine your long-term costs and coverage flexibility: 

Affordability (50%): Monthly premiums represent your biggest ongoing retirement expense. Insurers with lower average monthly costs score highest since these payments continue for life.

Pricing style (20%): Minnesota requires community-based pricing for Medigap plans, meaning everyone pays the same rate regardless of age. Insurers using this pricing model score highest.

Plan availability (30%): Minnesota requires all insurers to offer Basic and Extended Basic plans. Beyond these, insurers can offer additional options including copay plans ($20 Copay, $50 Copay), cost-sharing plans (50% Cost Sharing, 75% Cost Sharing), high-deductible plans and Minnesota versions of Plans K, L, M and N. Insurers offering more plans score highest since greater selection lets you match coverage to your specific needs and budget. 

Sample Consumer Profile

All monthly premiums reflect rates for a 65-year-old Minnesota resident entering Medicare for the first time through the Extended Basic plan, unless otherwise noted. We collected pricing data across all available Minnesota Medigap plans from insurers operating statewide to identify which companies offer the strongest combination of affordability, pricing stability and plan selection for Minnesota seniors.