If you live in Albany New York and you are exploring Medicare Supplement Plans to help cover costs not included in Original Medicare you may already know about Plan G. There is another option that could save you money called High Deductible Plan G.

This plan offers the same benefits as standard Plan G but with a higher deductible and a lower monthly premium. Below is a snap shot of what you’ll learn.

1. How it works and what it covers
2. What it costs for retirees living in Albany, NY
3. Whether it is the right choice for you
4. How to enroll

What Is High Deductible Plan G

High Deductible Plan G sometimes called Plan G Plus in New York is a Medicare Supplement Insurance Plan that works alongside Original Medicare Part A and Part B. It covers most Medicare approved costs such as coinsurance copayments and excess charges after you meet the annual deductible.

• 2026 Annual Deductible: $2,870
• Includes the Medicare Part B deductible of $283 in 2026
• After meeting the deductible the plan pays 100 percent of covered services

How Does High Deductible Plan G Work

Enrollment:
You must have Medicare Part A and Part B and meet eligibility requirements. You can purchase this plan from any of the five insurance companies that offer HDG Medicare Supplement Insurance in New York. For Albany residents Globe Life often offers competitive pricing for High Deductible Plan G.

Pay Out of Pocket Costs Until Deductible:
During the calendar year you pay coinsurance copayments and Part B excess charges until you reach $2,870. This includes inpatient and outpatient costs under Medicare Part A and Part B.

Full Coverage After Deductible
Once the deductible is met the plan covers:

• Part A coinsurance and hospital costs
• Part B coinsurance and copayments
• Part A deductible
• Skilled nursing facility care coinsurance
• Part B excess charges
• Foreign travel emergency care up to plan limits

High Deductible Plan G Costs in 2026 for Albany New York

• Monthly Premium: Often $52 to $102 depending on insurer and ZIP code
• Annual Deductible: $2,870
• Out of Pocket Maximum: $2,870 after which all Medicare covered costs are paid

Albany ZIP codes include 12202, 12203, 12204, 12205 , 12206, 12207, 12208, 12209, 12210, 12211, and others.

There are five insurance companies that offer high deductible plan g supplements in Albany New York and the monthly costs for 2026 range from $60.25 to $85.00 per month.

HDG Plan Pros and Cons

Advantages

• Lower monthly premium saves $600 to $1,800 annually
• Same benefits as standard Plan G after deductible
• Freedom to choose any Medicare approved provider nationwide
• Guaranteed renewability

Disadvantages

• Higher out of pocket expenses early in the year
• Not ideal for frequent doctor visits or chronic conditions
• Does not cover dental vision prescription drugs or equipment beyond Medicare limits

Who Should Consider High Deductible Plan G

This plan is best for those who:

• Want to pay less for premiums
• Are generally healthy with few health care costs
• Can manage the annual deductible
• Prefer flexibility over restrictive Medicare Advantage Plans

If you expect frequent inpatient or outpatient care consider Plan G, Plan N or Plan F (if eligible) for predictable costs.

Next Steps

Contact us if you would like more information on high deductible plan G medigap plans in and around Albany.