Medigap plans in New Jersey (Medicare Supplement plans) help cover many of the costs that Medicare Part A and B don’t pay. These plans are offered by private insurance carriers and are designed to work right alongside original Medicare to help pay your medical bills, both hospital and outpatient doctor’s bills.
In New Jersey, there are 12 different Medigap Plans in NJ offered by private insurance carriers, with Medigap Plan F and G being the most popular plans.
Below are the most popular Medigap plans in New Jersey. There are several different insurance companies that offer these, but using our website makes it easy to shop the plans and rates from each.
The 5 Top Medigap Plans in New Jersey are:
- Medicare Plan G
- Medicare Plan N
- Medicare Plan F*
- High-Deductible Plan G
- High-deductible Plan F*
*Medicare Plan F is no longer available to people eligible for Medicare on January 1st of 2020 or later
Medigap Plan G in New Jersey
Medigap Plan G is by far the most popular Medicare Supplement plan in New Jersey that people new to Medicare enroll in. Plan G has great coverage and relatively low premiums in New Jersey.
As well, several companies even offer household discounts of up to 14% for just living with someone. Our FREE online quote engine can show you the rates in your zip code in New Jersey.
Though many people in New Jersey are still enrolled in Medicare Plan F, it’s a good idea to use our quote engine to get rates for Plan G.
Remember, the only difference between the two plans is on Plan G you pay the annual Medicare Part B deductible yourself. Whereas, with Plan F the plan pays it for you.
Save Money on Plan G
The extra premiums for Medicare Plan F are often far higher than the deductible itself, so in almost all cases you can save money with Medigap Plan G in New Jersey.
Medicare Supplement Plan G pays for 100% of the gaps in Medicare except for the Medicare Part B annual deductible. In 2022 this deductible was $2022 and should be close to this in 2023.
Medigap Plan G Rates in New Jersey for 2023
In New Jersey Medicare Plan G premiums range from $105 to well over $300 per month.
These rates are determined by several factors, such as:
- Tobacco use
- Zip code
- Household discounts (if applicable, vary by company)
Medigap Plan N in New Jersey
Medicare Plan N is the second most popular plan in New Jersey thanks to its great coverage. Medicare Plan N has lower premiums than Plan G, however, because it has lower premiums, you might have a few out-of-pocket expenses to pay with Plan N.
Just as with Medigap Plan G, with Plan N you still pay the annual Medicare Part B deductible. After that might have:
- Up to a $20 co-pay for doctor’s visits (telehealth visits don’t apply)
- A $50 co-pay if you visit the emergency room and you’re not admitted (Urgent care visits don’t apply)
- Part B excess charges not covered – Very Rare
Medigap Plan N Rates in New Jersey
Using our FREE quote engine you can check the rates and compare the cost between Medicare Plan G and N to see how much you can save.
Medigap Plans in New Jersey 2023
There are no changes in benefits to New Jersey Medigap plans in 2023.
If you’ve been with the same Medicare Supplement insurance company for 2 years or more you could be overpaying by a large amount. This is because rate increases happen each year. We watch the rates each year for you so you don’t have to!
Using our website you can check the rates for FREE and see if you’re currently paying too much.
Best Medigap Plans in NJ
When it comes down to it, the “best” Medicare supplement plan is the one that you’re comfortable with in terms of benefits and monthly premium.
Medigap Plan G – One low deductible, then 100% coverage. Higher premiums than Plan N
Medigap Plan N – Lower monthly premiums, small out-of-pocket costs such as co-pays, and possibly Medicare Part B excess charges (rare though)
The difference in monthly premiums between Medicare Plan N and G in New Jersey can often be up to $30 per month! For people who are healthy but still want great coverage, Medicare Plan N is a great option.
By using our website you can check the cost between Plan G and Plan N in your area to see how much you can save.
Companies Offering Medicare Supplement Plans in New Jersey
There are several companies in New Jersey offering Medigap plans. The most important thing to keep in mind is that they all offer the same plans, with the exact same benefits. Their monthly rates for these plans are all different though.
And, each company has rate increases every year.
We make it easy as we shop all the top companies to make sure you’re not overpaying on your Medicare supplement insurance, and we do this every year for our clients for FREE.
The Top Medigap companies in New Jersey are:
- Mutual of Omaha
- United Healthcare
How to Enroll
The easiest way to enroll in a Medicare supplement plan in New Jersey is to just give us a call at 1-888-891-0229. Our experienced, licensed agents can answer all of your questions and find you the best Medigap plan and company, for the lowest cost.
We’ll help you every year to make sure you’re in the right spot with all of your Medicare Coverage. Or click below to get started.