Best Medicare Supplement Plans in Minnesota (2026)

Bankers Life is the strongest value at $287 monthly for Extended Basic, saving $89 below the national average or $1,068 per year. AARP follows at $320 monthly with nationwide availability. State Farm costs $665 monthly; enrollees who want in-person support get access to local agents.

*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. 

The gap between the cheapest and most expensive Extended Basic option across Minnesota carriers is $378 per month, or $4,536 per year, for identical coverage. Carrier selection in Minnesota carries more financial weight than in most states because of it. 

Bankers Life and AARP, both rated 5.0, sit within $33 of each other. The next eight carriers span another $378. State Farm's Extended Basic costs more than twice what Bankers Life charges for the same coverage. Minnesota's community rating protects you from age-based increases, but it doesn't protect you from choosing the wrong carrier at enrollment. 

UCare Health and Blue Cross Blue Shield both price at $318 monthly, $58 below the state average, yet neither scores above 4.0. Both carriers have fewer options than Bankers Life or AARP, which matters if your health needs change and you want to switch plan types without changing insurers.

Minnesota insurers charge different rates for the same Medigap coverage. 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. 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 $376 monthly on average. They cover the Part A deductible, skilled nursing co-insurance and 80% of usual and customary fees.

The Extended Basic Plan-new costs $25 less per month than the standard Extended Basic Plan, a difference of $300 per year. The newer version applies only to members who became Medicare-eligible on or after January 1, 2020. Members in that group cannot enroll in the standard Extended Basic Plan. Medicare eligibility date changes which version is available and affects premiums by $25 per month.

Minnesota has 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.

Basic and Extended Basic differ by $126 per month on average. Extended Basic works best for members with a recent diagnosis or expected skilled nursing care. The $1,736 Part A deductible alone exceeds the annual premium difference after one hospital stay. Basic at $250 monthly with a Part A deductible rider added later costs less upfront and lets you add coverage as your health needs change

Check each carrier's complaint record and AM Best rating before enrolling. Rate history over the past three years matters too. Minnesota Medigap premiums for identical Extended Basic coverage vary by $378 per month across carriers. The Minnesota Department of Commerce regulates premium rates and tracks consumer complaints to protect policyholders.

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 is the best value for most Minnesota Medicare enrollees at $287 monthly, or $1,068 per year below the national average. Regular health care users are better served by Extended Basic at $287, which covers the $1,736 Part A deductible and 120 days of skilled nursing co-insurance. If you use health care regularly, Extended Basic at $287 covers the gaps that add up fastest.

Confirm the Medicare eligibility date, It determines whether you qualify for Extended Basic or Extended Basic Plan-new and the plans differ by $25 a month. Then check each carrier's rate history at mn.gov/commerce before you enroll. Minnesota's annual open enrollment starts in August. Switching carriers during this period doesn't require medical underwriting.

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. Carriers can also offer copay plans, cost-sharing plans and high-deductible options on top of the required two. Our analysis identifies which insurers give Minnesota enrollees the best combination of price, pricing stability and plan selection.

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 are your biggest ongoing retirement expense. They don't stop. Insurers with lower average monthly costs score highest.

Pricing style (20%): Minnesota requires community-based pricing, so everyone pays the same rate regardless of age. Since all listed carriers use community rating, scores in this dimension reflect rate stability patterns rather than pricing model alone.

Plan availability (30%): Minnesota requires all insurers to offer Basic and Extended Basic plans. Beyond those two, insurers can offer 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. 

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 2026 pricing data from 11 carriers operating statewide across eight Minnesota Medigap plan types in May 2026. Rates were gathered directly from carrier rate filings and insurer websites. The goal was to find which carriers score best on affordability, pricing stability and plan selection.