2018 Medicare Supplement Plans in New Jersey – Medigap Plans
New Jersey is a very densely populated state with about 8,899,339 residents, and that means that Medicare beneficiaries have a lot of choices for 2018 Medicare Supplement plans in New Jersey. While no changes are expected in the established Medigap plan levels, some shifts in the overall health environment might raise premiums or impact choices.
Do you need an easy way to make a comparison for 2018 Medicare supplement plans in New Jersey? Just enter your basic information into the quote form on this page. After that, you can click any of the entries to learn more and get contact information.
2018 New Jersey Medicare Supplement Plan: Quick Facts
Overall, the US Census says that 14.4% of New Jersey residents are 65 and older, and these are some percentages in the largest NJ cities:
- Newark: 8.6%
- Jersey City:9.0%
- Paterson: 8.9%
- Elizabeth: 9.2%
- Edison: 9.2%
2018 New Jersey Medicare Supplement Plans
Overall, New Jersey Medigap plans should stay the same for 2018 However, some changes in Medicare may cause some insurers to increase rates. These include more regulations and the possibility of increasing Medicare Part B deductibles. Additionally, tighter rules about allowed charges might generate more excess charges from doctors and other health service providers. Note that only high deductible plan F, Medicare supplement plan G, and Medicare plan F offer to pay expenses over the amount that Medicare allows.
If you are new to Medicare or want to consider another Medigap plan level, you should know that available choices in New Jersey range from basic coverage to much more robust options. For example:
- Medicare Plan levels A, and Plan B are usually considered basic choices with competitive prices.
- Medicare supplement plan levels N, Plan K, and Plan L require more cost-sharing for lower premiums.
- Medigap Plan Level C is considered more robust, and the cost may be higher.
Besides just the level of benefits, rates also depend on where you live, the insurer you choose, and some other factors. You might make a comparison of Medicare Supplement Plans from these quality NJ Medicare insurance companies. Call to compare their Plan F and Plan G prices:
- AARP Medigap Plans
- Aetna Medigap Plans
- Colonial Penn Life Insurance Company
- Cigna Medicare Supplement Plans
- Horizon Blue Cross Blue Shield of New Jersey
- Loyal American Life Insurance Company
- Mutual of Omaha Medicare Supplement Plans
- United of Omaha Life Insurance Company
2018 New Jersey Medicare Supplements or Medicare Advantage plans?
Both Medicare Advantage and Medicare supplements help New Jersey Medicare beneficiaries control their health costs and get into good doctors and hospitals. However, they are not the same at all. Some Medicare Advantage insurers offer additional benefits, like hearing and dental, and they may even provide options with zero monthly premium. Also, many Medicare Advantage options come with Medicare Plan D prescription coverage bundled inside.
You will pay a premium for 2018 New Jersey Medicare Supplement plans, and these Medigap insurance policies are meant to pay for things that Medicare does not. Also, they do not include Part D or additional value-added benefits. However, many seniors choose them because they tend to stay the same each year and help make out-of-pocket expenses more predictable. While many seniors have to live on fixed incomes and like the idea of having no monthly premium, they may be able to control health expenses better on a Medigap Plan.
The best choice for each New Jersey resident may depend upon their health needs, budget, and available options in their town or city. To find the best Medigap plan for you, enter information on this page. You will see instant options for 2018 Medicare Supplement Plans in New Jersey. If you would have questions, feel free to call us directly.