Best Medicare Supplement Plans in New Jersey 2024

Plan F has been popular due to its wide coverage and annual Part B deductible coverage. However, since it’s only available to those who are eligible before January 2020, Plan G is becoming more popular.

Plan G provides comprehensive coverage, except for the Part B deductible. Additionally, most Medigap insurance companies offer Plan G.

Is Plan G the Best Medigap Plan in NJ?

Medigap Plan G: The Top Choice for New Jersey Medicare Supplement Plans.

Here are four reasons why:

  1. Great Coverage: Includes the Part A deductible, skilled nursing facility coinsurance, and excess charges from doctors who don’t accept Medicare assignment.
  2. Lower Premiums: Monthly premiums are often lower than Plan F while still providing comprehensive coverage.
  3. No Network Restrictions: Visit any doctor or specialist that accepts Medicare patients. No network is needed.
  4. Stable Benefits: Benefits remain stable from year to year. No unexpected changes.

Plus, it eliminates most out-of-pocket costs associated with Original Medicare. That includes deductibles and copayments for hospital stays and medical services.

What’s the Best Medicare Supplement Company in New Jersey?

After evaluating various factors, we have determined that United Healthcare stands out as the top Medicare Supplement company in New Jersey.

While United Healthcare Medigap plans are more affordable in New Jersey, the cost is not the only consideration when selecting a Medicare Supplement provider. Every insurer has its own pros and cons based on its coverage options.

United Healthcare is our top-pick provider because of its competitive prices, variety of plans available, discounted family premiums, and great customer feedback ratings.

Company NamePlans Offered
United HealthcarePlan A, B, C, F, G, K, N
Horizon Blue Cross Blue ShieldMedigap Basic, Essential, Essential Plus
AetnaMedicare Supplement A, B, D
CignaMedicare Supplement F, SelectPlan
Mutual of OmahaA, B, C, F, G, L, N

Check out this comparison chart of some Medicare Supplement companies, including United Healthcare, available in New Jersey. We’ve listed both sample premiums and ratings.

Plan G CostCompanyFinancial Strength
$169United HealthcareA+
$165Mutual of OmahaA+
65 y/o male, nonsmoker
Plan N CostCompanyFinancial Strength
$116United HealthcareA+
$113Mutual of OmahaA+
65 y/o male, nonsmoker

Medigap Prices in New Jersey

Medigap prices in New Jersey can vary, depending on your chosen plan. These prices are linked to each plan and are important to consider when selecting a Medicare Supplement policy.

Take a look at the table below for an overview of Medigap prices in the Garden State:

PlanAverage Monthly PremiumLives enrolled in NJ
Plan F$200171,779
Plan G$165142,572
Plan N$11190,037
Plan A$1344,711
Plan C$19843,312
Plan D$1644,619
Plan L$1042,576
Plan K$712,935
High Deductible Plan G$592,695

These figures show the average premiums per month. Remember that actual prices can differ based on factors such as age, gender, and location.

When considering Medigap prices in New Jersey, it’s important to consider each plan’s coverage. Different plans give you different levels of coverage, so make sure you choose one that meets your needs.

How to Compare Medigap Plans

Take the time to review these Medigap prices and compare them to the coverage each plan provides. This way, you can ensure you get the best value and peace of mind that your healthcare needs are covered.

To make the most of your Medicare coverage in New Jersey, consider these:

  1. Compare plans: Medigap Plan G is great, but compare different options available in your area. Consider premium costs, coverage details, and customer reviews.
  2. Know your healthcare needs: Identify which plan best fits you. For instance, a comprehensive plan like Medigap Plan G may be ideal if you need frequent specialist visits or need more medical services.
  3. Get expert advice: Consult with an experienced insurance agent or financial advisor. They can help you find the best option for your needs.

Frequently Asked Questions:

What is the cost of Medicare Supplement plans in New Jersey?

Depending on your age and health status, these plans can range from $59 to $382 per month.

How much is Medigap Plan G in New Jersey?

The average cost of Medigap Plan G in New Jersey can range from $125 to $382 per month, depending on where you live and your age.

Who has the best Medicare Supplemental insurance in New Jersey?

United Healthcare, Mutual of Omaha, Aetna, and Cigna all offer a variety of plans that can be customized to a person’s specific needs.

Our Expert Opinion

Choose Medigap Plan G for comprehensive coverage, lower premiums, freedom of choice, and stable benefits. Take the time to compare plans and seek expert advice. That way, you can make an informed decision that meets your healthcare needs.

Article Resources:

Average quotes are for sample purposes only. Actual premiums are based on several factors, including health conditions, age, location, tobacco status, gender, and insurance provider.

Mark Prip

For more than two decades, Mark Prip at My Medigap Plans has been an authority figure in the insurance industry and continues to uphold a mission to provide customers with comprehensive information about Medicare, life, and dental coverage. In addition, his expertise is unmatched - having helped thousands of Medicare beneficiaries choose suitable healthcare plans for themselves - making him stand out above competitors.