brandlogo
New Jersey Medicare Brokers Your Trusted Medicare Advisor Near You in the Great Garden State
About UsContact UsArticlesMedicare Videos
Questions? Call Us (800) 797-0605
Home
New Jersey Medicare Brokers - Find A Broker Near You
Turning 65?
Aging into Medicare - Turning 65Medicare Supplement (Medigap)Medicare Supplement Plan GMedicare Supplement Plan NMedicare Part D-Prescription DrugMedicare Advantage Plans
Retiring? Coming off Employer Coverage?
Medicare and Retirement!Medicare Supplement (Medigap)Medicare Supplement Plan FMedicare Supplement Plan GMedicare Supplement Plan NMedicare Part D-Prescription DrugMedicare Advantage Plans
Introduction to Medicare
Medicare Made EasyWhen Does Medicare Start?Qualifying for Medicare's Multiple PartsNJ PAAD and Senior Gold2023 Medicare CostsMedicare in New JerseyImportant Dates for MedicareHelp with Your Medicare DecisionMedicare Q and AWhere to Apply for Medicare Part B
Request a Quote
Request a QuoteSchedule a Medicare Plan ReviewMedication RecorderDoctor List

Medicare Supplement (Medigap)

image

Medicare Supplement or Medigap

Medicare recipients often seek additional Medicare help when their coverage kicks in. Original Medicare can leave you with deductibles and coinsurance that are hard to take care of. Many private insurance companies contract with Medicare to offer additional plans that fill those gaps in coverage. These are called Medicare Supplement or Medigap plans.

 

Start With Your Open Enrollment Period

Getting onto a Medicare Supplement plan is easiest if you enroll when you’re first eligible for Medicare. For 6 months after enrolling in Part B you can qualify for any Medicare Supplement policy without having to answer any medical questions.  Once you are enrolled on a policy the insurance company can not cancel your coverage or raise your rates based on your health however the monthly premium will change (typically increase) for everyone in the state annually.

 

Changing Medicare Supplement Plans

You can change from one Medicare Supplement plan to another at any time during the year, you are NOT restricted to only changing during Medicare Open Enrollment unless you are switching from a Medicare Advantage plan to a Medicare Supplement plan or vice versa.

 

Unless you have a special circumstance, such as being new to Medicare or moving out of state you will have to answer medical questions to qualify for a Medicare Supplement policy.  Health insurance companies have the right to charge a higher monthly premium or deny applicants based on their medical history and health conditions.

 

What Are Some Medicare Supplement (Medigap) Programs Available?

There are ten plans total, lettered A through N, with some letters missing. The following Medigap plans are among the most common in the state of New Jersey:

 

  • Medigap F. This policy covers 100% of your doctor and hospital bills. (Note, for anyone new to Medicare after 2020, Plan F will no longer be available)
  • Medigap G. Plan G is virtually the same as Plan F, with one exception, there is a $226 deductible at the doctors.  Many times plan G is less money than Plan F even after the deductible is paid.
  • Medigap N. Plan N offers similar coverage for far less, but it requires your Part B deductible and copays for visits to the doctor ($20) and the emergency room ($50). You can also incur excess charges from providers that charge higher than the Medicare assignment.

image

 

For additional Medicare help, contact advisers with New Jersey Medicare Brokers LLC for a no charge consultation. 

 

Retiring? Coming off Employer Coverage?
  • Medicare and Retirement!
  • Medicare Supplement (Medigap)
  • Medicare Supplement Plan F
  • Medicare Supplement Plan G
  • Medicare Supplement Plan N
  • Medicare Part D-Prescription Drug
  • Medicare Advantage Plans
Contact us for help with your Medicare options

By hitting submit, a licensed agent will contact you regarding Medicare plans and products. The agent will give unbiased advice to help you decide the Medicare policy for your needs. This is a solicitation of insurance. If you choose to provide us with your email address we will use it only to send you our monthly newsletter or respond to your query. If you choose to unsubscribe, you’ll stop receiving any newsletters.

New Jersey Medicare Brokers

Your Trusted Medicare Advisor Near You in the Great Garden State

Follow Us

About Us

Other Links

Contact Us
Privacy Policy
Legal Terms

Address

475 South Jefferson Street
Suite 4
Orange
New Jersey
07050
(800) 797-0605

This is a solicitation for insurance. Submitting information or calling numbers listed on this website will direct you to a licensed Agent/Broker.

Important disclosures about Medicare Plans: Medicare has neither endorsed nor reviewed this information. Not connected or affiliated with any United States Government or State agency. We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all of your options.

© Copyright 2023New Jersey Medicare BrokersAll rights reserved.
Insurance Websites powered byAgentMethods