At the Benefit Link we work with great insurance companies offering Medicare Supplement plans for New Jersey residents.
Many offer the most popular plans like Plan F and Plan G. Let us assist with the basics. New Jersey Medicare Plans include 10 standardized options, lettered A – N. Each insurance company must offer at least Plan A, but companies can offer any of the other plans as well.
Our agency works with some of the best New Jersey Medicare Plan F and Plan G insurance companies, such as Aetna, Bankers Fidelity, Blue Cross Blue Shield, Cigna, Humana, Mutual of Omaha, and Transamerica.
You can find a complete list of our Medicare insurance providers here.
Medicare Supplement Plans in NJ are additional coverage options available to New Jersey residents who have enrolled in Medicare Part A and B. These supplement plans can help fill in the gaps in Original Medicare, such as deductibles as co-payments. In New Jersey and most other states, there are 10 standardized supplement plans to choose from, ranging from Plan A – Plan N.
Medicare supplement plans in NJ are offered by a wide variety of insurance companies. You’ll find carriers with strong financial ratings and low rate increase trends as well.
Once you have enrolled in Medicare Parts A and B, you have six months to enroll into a New Jersey Medigap plan without medical questions. This is called your Medigap Open Enrollment Period, and it begins on your Part B effective date. During this window, you can enroll in any Medicare supplement plan in NJ without underwriting. The insurance company must issue a policy regardless of any pre-existing health conditions.
It is considered the best time to enroll in a Medicare supplement plan.
After that window expires, Medicare supplement plans in NJ will have health questions on their applications. You generally must be able to answer NO to the health questions on the application. The underwriter will also review your medication history before issuing a decision to accept you for coverage. If you are denied for coverage, then you might consider Medicare Advantage plans in NJ (more on that below).
Medicare Supplement plans in New Jersey (and everywhere else) do not include retail prescription drug coverage. You can enroll in an affordable standalone Part D drug plan that will help you to pay for your prescriptions.
Each insurance company sets their own rates for the Medicare supplement plans that it offers. As in most other states, there are a range of factors which affect pricing of Medigap plans in New Jersey. These include your home zip code or county, your gender, and age.
Some of the most popular Medicare supplement plans in NJ are Plan F, Plan G and Plan N. Medicare Supplement Plan F provides the most comprehensive coverage, leaving you with nothing out-of-pocket on your covered medical services. Plan G and Plan N have slightly less coverage but will have lower premiums.
Your licensed expert here at The Benefit Link can provide a custom report comparing Medicare supplement plans in NJ for you. Our software shows us the financial ratings for each company. More importantly, it shows us which carriers have had the lowest rate increases. This helps you to choose a company that has demonstrated rate stability.
If a Medicare Supplement and Part D drug plan cost more than you want to spend, then you should consider a New Jersey Medicare Advantage plan.
New Jersey Medicare plans options are easy to compare Our software at The Benefit Link can instantly provide quotes from all the major insurance companies in your area. Keep in mind that price should not always be your deciding factor though.
Be sure to ask one of our representatives to analyze the history of rate increases for the companies you are considering. This will help you choose one that has attractive rates and also a good record of reasonable annual increases. While all supplement are subject to healthcare inflation, there are some companies who seem to do a better job of projecting their expenses up front.This can result in stable and reasonable rates for you, the Medicare beneficiary.
There is no charge to clients for our services. We would be honored to help walk you through this process!
The Benefit Link, a Licensed Insurance Agency with its physical office in Texas, employs insurance agents (producers), and through such agents, can provide these services to clients in all 50 States of the USA. We are not connected with or endorsed by the United States government or the federal Medicare program.
THE BENEFIT LINK POLICIES AND YOUR CONSENT
The Benefit Link, a Licensed Insurance Agency with its physical office in Texas, employs insurance agents (producers), and through such agents, can provide these services to clients in all 50 States of the USA. By clicking on any form, you authorize The Benefit Link to call you and send pre-recorded messages, text messages, emails, and in-app Facebook messages to you about The Benefit Link’s products and services at the telephone number and/or email address you have on file with Facebook, or any other telephone number, email address or contact information that you provide to The Benefit Link, including your mobile phone, landline or other phone, if provided, using an automated dialer or email system, even if you are on the national or state “Do Not Call” list. The Benefit Link works with 3rd party technology providers, including session replay technology, and by clicking on any form, you are giving express prior consent for your data to be shared with the 3rd party technology providers. You understand that your consent is not a requirement to purchase products and services from The Benefit Link. Message and data rates may apply, and you can opt out anytime.
https://thebenefitlink.com/policies/ We are not connected with or endorsed by the United States government or the federal Medicare program.
The Benefit Link, a Licensed Insurance Agency with its physical office in Texas, employs insurance agents (producers), and through such agents, can provide these services to clients in all 50 States of the USA. By clicking on a form, you authorize The Benefit Link to call you and send pre-recorded messages, text messages, and in-app Facebook messages to you about The Benefit Link products and services at the telephone number you have on file with Facebook, or any other telephone number or contact information that you provide to The Benefit Link, including your mobile phone if provided, using an automated dialer and email, even you are on the national or state “Do not Call” list. You understand that your consent is not a requirement to purchase products and services from The Benefit Link. Message and data rates may apply, and you can opt-out anytime.
