Colonial Penn offers 7 different Medicare supplement insurance plans (Medigap) across the United States. These plans vary based on your location, age, and health. But they maintain a consistent level of coverage. Some also have high deductible options.
Colonial Penn Life Insurance Company is a private insurer that sells Medicare supplement (Medigap) plans in partnership with Bankers Life and Washington National Insurance Company.
In this article, we’ll go over what each Colonial Penn plan offers and what it may cost.
Medigap plans offer standardized coverage in most states and must follow specific state regulations. The exceptions are Massachusetts, Minnesota, and Wisconsin, which have their own regulations and plan names.
In the rest of the country, each Medicare supplement plan of a certain letter must offer the same level of coverage, no matter which insurer is selling it or where it’s being sold. For example, Plan A in New York must cover the same services as Plan A in California.
Let’s take a look at what each plan offered by Colonial Penn.
| PLAN A | PLAN B | PLAN C | PLAN D | PLAN F | PLAN G | PLAN N | |
|---|---|---|---|---|---|---|---|
| Limitations | only in PA | only in NJ; only for those first eligible for Medicare before 1/1/2020 | only in NJ | only for those first eligible for Medicare before 1/1/2020; includes a deductible option | includes a deductible option | copayment of up to $20 for doctor’s visits and up to $50 for emergency room visits that don’t result in admission. | |
| Medicare Part B coinsurance | yes | yes | yes | yes | yes | yes | yes |
| Blood (first 3 pints) | yes | yes | yes | yes | yes | yes | yes |
| Part A coinsurance and hospital costs (up to another 365 days after Medicare benefits are used | yes | yes | yes | yes | yes | yes | yes |
| Parts A Hospice care coinsurance or copayment | yes | yes | yes | yes | yes | yes | yes |
| Skilled nursing facility care coinsurance | no | no | yes | yes | yes | yes | yes |
| Medicare Part A deductible | no | yes | yes | yes | yes | yes | yes |
| Medicare Part B deductible | no | no | yes | no | yes | no | no |
| Medicare Part B excess charges | no | no | no | no | yes | yes | no |
| Foreign travel emergency (up to plan limit) | no | no | up to 80% | up to 80% | up to 80% | up to 80% | up to 80% |
Plan availability and costs, however, may differ based on your location, age, and other factors. Some plans may also come with extra benefits beyond the standard coverage.
Next, we’ll go over the specifics of what each Colonial Penn Medigap plan covers.
- Colonial Penn Medicare Supplement Plan A: Plan A covers Medicare Part A coinsurance for inpatient hospital stays. Plan A also covers hospice care coinsurance or copayments, Medicare Part B coinsurance and copayments, and the first 3 pints of blood you may need.
- Colonial Penn Medicare Supplement Plan B: Plan B covers everything that Plan A covers, plus the Part A deductible.
- Colonial Penn Medicare Supplement Plan C: Plan C covers everything that Plan B does, plus skilled nursing facility care coinsurance, the Part B deductible, and 80% of foreign travel medical emergency costs (up to plan limits). Plan C is not available to people who first became eligible for Medicare on or after January 1, 2020.
- Colonial Penn Medicare Supplement Plan D: Plan D covers everything Plan C covers except the Part B deductible.
- Colonial Penn Medicare Supplement Plan F. Plan F covers everything Plan D covers, plus the Part B deductible and Part B excess charges. Like Plan C, Plan F isn’t available to people who first became eligible for Medicare on or after January 1, 2020.
- Colonial Penn Medicare Supplement Plan G. Plan G offers comprehensive supplemental coverage. It covers everything Plan F does except the Part B deductible. It may be a good choice for people who are newly eligible for Medicare but want significant coverage.
- Colonial Penn Medicare Supplement Plan N. With Plan N, you must pay a copayment of up to $20 for doctor’s office visits. You’ll also have a copayment of up to $50 for emergency room visits that do not result in inpatient hospital admission. Otherwise, this plan covers everything Plan M does, plus the entire Part A deductible.
Colonial Penn Medigap plan costs vary from location to location. Medicare’s plan comparison tool allows you to search for these plans by ZIP code.
The table below provides some price ranges around the country for Medigap plans in 2025:
| Location | Plan | Type of pricing | Monthly premium |
|---|---|---|---|
| Hartford, CT | Plan A | community pricing | $204-$1,210 |
| Hartford, CT | Plan B | community pricing | $251-$449 |
| Hartford, CT | Plan C | community pricing | $442-$531 |
| Maricopa, AZ | Plan D | issue-age pricing | $154-$560 |
| Maricopa, AZ | Plan F | issue-age pricing | $139-$876 |
| Maricopa, AZ | Plan F (high deducible) | issue-age pricing | $43-$248 |
| Des Moines, IA | Plan G | attained-age pricing | $91-$938 |
| Des Moines, IA | Plan G (high deductible) | attained-age pricing | $32-$360 |
| Des Moines, IA | Plan N | attained-age pricing | $73-$579 |
The type of pricing indicated above can affect your costs over time. Here’s what each type means:
- Community pricing: Premium costs don’t vary based on your age.
- Issue-age pricing: Premium costs are low for younger insurance purchasers, and these costs won’t increase as you get older.
- Attained-age pricing: Premiums are low for younger insurance purchasers but continue to rise as they age, potentially making them quite expensive over time.
Not every plan offered is available in every state, county, or ZIP code. To see if Colonial Penn offers a specific Medigap plan in your area and how much it will cost for you, visit the company’s website here.
Original Medicare (parts A and B) doesn’t cover 100% of your medical costs. Medigap plans are supplementary insurance that helps cover some of the remaining costs after Medicare has paid its share.
You can purchase Medigap plans through private insurance companies. Their coverage and costs vary by plan and location.
Medigap is not the same as Medicare Advantage (Part C). Part C plans offer coverage that Original Medical doesn’t, such as dental and vision care. Part C plans may also cover prescription drugs.
You can’t purchase a Medigap plan if you have Medicare Advantage.
Current Medigap plans don’t offer prescription drug coverage. You can purchase a Medicare Part D plan in addition to Medigap if you have Original Medicare.
Colonial Penn is a private insurance company that sells Medicare supplement insurance (Medigap) plans in partnership with Bankers Life and Washington National Insurance Company.
This company offers 7 plan options in many areas of the United States, with some plans offering additional high-deductible options.
While the basic level of coverage is the same no matter where you live, the cost of each plan will vary based on your location, age, and certain health factors.