Globe Life discontinued new Medicare Supplement sales effective January 1, 2026. Reports indicate that the existing business is being transitioned to United American, another company owned by Globe Life. The full details of how the business will be administered and priced going forward have not been clearly explained publicly.
Whether you’re considering a Globe Life Medicare Supplement or already have one, this change deserves your attention. For existing policyholders, the important question is what happens to premiums when an insurance company stops adding new customers to a block of business.
If you’re researching Globe Life’s Medicare Supplement coverage, you can still read our Globe Life Medicare Supplement review for a closer look at the company’s past offering and what consumers should understand before making a decision.
As a block of policyholders ages, healthcare needs and claims costs can rise. Why? Without new, generally healthy policyholders entering that same block, its risk profile will very likely change over time. Healthier policyholders tend to leave for more affordable alternatives while those with greater medical needs may remain. This can cause the claims experience to rise further for the insurer, ultimately putting additional pressure on premiums to policyholders over time. Globe’s market share is rather small compared to many other Medigap carriers.
This doesn’t mean every Globe Life policyholder is guaranteed large rate increases. But you shouldn’t assume your current premium will remain competitive simply because your policy is still in force.
Our advice: review your alternatives now, while you still have the flexibility to do so. Medicare Supplement premiums can vary substantially between insurers, even when standardized benefits are the same. Pricing histories and rate-setting practices also differ. A newer block of business may offer better long-term value, although no insurer can guarantee lower future increases.
Your Policy Is Protected—but Your Premium Isn’t
Medicare Supplement policies are guaranteed renewable. As long as you pay your premiums, the insurance company cannot cancel your coverage because of your age or declining health.
But guaranteed renewable does not mean guaranteed affordable.
Premiums can increase, and the concern with a closed block of business is the potential for very significant rate increases over time.
That’s why it would probably be a good decision to review your options now, while you still have the flexibility to do so. A particular health condition or necessary medical treatment could make it very difficult to switch to a new insurer, depending on your state and the protections available to you.
The goal isn’t to panic or make a change just for the sake of changing. It’s to understand your options before rising premiums—or a change in your health—makes the decision more difficult.
Frequently Asked Questions
Is Globe Life still selling Medicare Supplement insurance?
Globe Life silently discontinued new sales of its Medicare Supplement offering effective January 1, 2026. If you’re considering a new policy or already have coverage through Globe Life, the important question is what this change means for your options and the future cost of your coverage. An independent broker can help you understand your choices and determine what may make sense for your situation.
What happens if I already have a Globe Life Medicare Supplement policy?
Your existing coverage does not automatically end because new sales have stopped. Medicare Supplement policies are guaranteed renewable. As long as you pay your premiums, the insurance company cannot cancel your coverage because of your age or declining health. You can keep your existing policy while exploring whether other options may make sense for you.
Will my Globe Life Medicare Supplement premiums stay the same?
Not necessarily. Guaranteed renewable does not mean guaranteed affordable. Premiums can increase over time, and with a closed block of business, there is uncertainty about how rates may develop in the years ahead. Reviewing your options now can help you understand what alternatives may be available before a future premium increase makes the decision more pressing.
Should I switch from my existing Globe Life Medicare Supplement policy?
It may be worth exploring your options before deciding whether to stay or switch. Medicare Supplement benefits are standardized by plan letter, while premiums and pricing histories can differ between insurers. An independent broker who works with multiple insurance companies can help you compare available plans and identify options that may fit your needs, budget, and health circumstances. You may have more choices than you realize, so it’s worth having the conversation.
Why compare Medicare Supplement plans through an independent broker?
An independent broker can compare available plans from multiple insurance companies rather than limiting the discussion to one company’s products. We can help you understand premium differences, explore which insurers may be a good fit for your circumstances, and discuss whether changing policies makes sense. The goal isn’t to change coverage just for the sake of changing. It’s to help you make an informed decision about your options for 2027.
With Globe Life no longer accepting new Medicare Supplement applications, you may be wondering where to turn next. If you already have a Globe Life policy, it’s also a good time to understand your options and consider whether your coverage remains competitive for the long run.
At Maple Valley Insurance Group, we can help you compare available Medicare Supplement plans and get pointed in the right direction for 2027. Let’s talk through your situation and find out what makes sense for you.