Medicare Supplement Plans in Northern New Jersey, also known as Medigap Plans, fill the gaps in Part A and Part B of Original Medicare, such as deductibles, copayments/coinsurances, and excess charges. Without them, your Medicare costs could be very high. New Jersey Medicare Supplement plans are sold by private insurance companies, and like plans in most other US States, they are standardized.
Article Contents
Standardized Medigap Plans
New Jersey State Regulations
Medicare Supplement Plans in Northern New Jersey: Vendors and Premiums
Standardized Medigap Plans
There are Ten Standardized Medicare Supplement Plans, designated by the letters “A” through “N”. Each of them has its own set of benefits, and these benefits are identical for all vendors. In other words, the benefits of Medicare Supplement Plan F from one vendor are the same as benefits from any other vendors. The difference is just a premium, and it may be significantly different from vendor to vendor. That is why knowledge of Medigap vendors and their premiums in your particular area may be quite valuable.
For plans in Central New Jersey, read Medicare Supplement Plans in Central New Jersey.
Medicare Supplement Plans in New Jersey: Specific Medigap Regulations
Medicare Supplement premiums in New Jersey are established using the following factors:
- Age
- Zip code (and sometimes a County within the zip code)
- Gender
- Whether or not you are a tobacco user.
Rates are usually lower in rural areas and higher in urban areas. Male rates are typically higher than female rates by 10-15%.
The New Jersey law allows Medicare providers to charge more than what Medicare allows – the difference is known as Extra Charges. The Medigap Plans that include Extra Charges (Medicare Supplement Plan F and Medicare Supplement Plan G) are more expensive than plans that do not include them (Medicare Supplement Plan C and Medicare Supplement Plan D).
For people having Medicare due to disability under the age of 65, New Jersey has added requirements that allow people under 65 to get Medicare Supplement. The requirements are:
- Medigap Plan C is available for people age 50-64 enrolling at the Medigap Open Enrollment
- Medigap Plan C is available for people age 50-64 entitled to Guaranteed Issue Rights
Most New Jersey Medicare Supplement providers offer Medigap Plan C for people age 40-64. The cost is typically equal to that for individuals who are 65 years old, but for some companies, it is significantly higher.
New Jersey does not have any additional special Guaranteed Issue windows, such as 30-day birthday period. A household discount is allowed in New Jersey, and several Medicare Supplement vendors include it. The typical discount is 5 to 7 percent.
To find more about Medigap plans in New Jersey, read New Jersey Medigap Plans (Medicare Supplement Plans).
Medicare Supplement Plans in Northern New Jersey: Bergen, Essex, and Passaic Counties.
There are about 15 Medigap vendors in Northern New Jersey. Most of them are on the list of Liberty Medicare Medigap carriers. We only deal with highly respected companies. Only three of them have AM Ratings B+ and B++; the rest have ratings A-, A, and A+.
There are some well-known names, such as AmeriHealth, Aetna, United of Omaha, and Transamerica Premier Life. Some of them have attractive rates in Northern New Jersey. But there are also companies that are smaller and less known, and they often provide real Medicare Supplement Plans bargains. Have you heard of the companies Manhattan Life, Cigna / Loyal American, Americo, and Philadelphia American Life Insurance? They have a high rating (B+, A-, A, and B++) and provide one of the best Medicare Supplement Rates in Northern New Jersey. And the premium is the only real difference in the world of standardized Medigap plans.
In the tables below you’ll find the range of premiums for different ages in Northern New Jersey. The presented data are for Bergen, Essex and Passaic Counties.
Table 1. The Range of Medigap premiums for Age 50 in Northern New Jersey – Bergen, Essex and Passaic Counties.
| Medicare Supplement Plans | |
| Gender | Plan C |
| Female | $168-$216 |
| Male | $168-$244 |
Table 2. The Range of Medigap premiums for Age 65 in Northern New Jersey – Bergen, Essex and Passaic Counties.
| Medicare Supplement Plans | |||
| Gender | Plan F | Plan G | Plan N |
| Female | $155-$206 | $133-$164 | $106-$127 |
| Male | $163-$233 | $147-$188 | $113-$147 |
Table 3. The Range of Medigap premiums for Age 70 in Northern New Jersey – Bergen, Essex and Passaic Counties.
| Medicare Supplement Plans | |||
| Gender | Plan F | Plan G | Plan N |
| Female | $180-$369 | $145-$194 | $123-$246 |
| Male | $198-$369 | $155-$223 | $129-$246 |
Table 4. The Range of Medigap premiums for Age 75 in Northern New Jersey – Bergen, Essex and Passaic Counties.
| Medicare Supplement Plans | |||
| Gender | Plan F | Plan G | Plan N |
| Female | $209-$369 | $168-$220 | $146-$246 |
| Male | $238-$369 | $188-$252 | $152-$246 |
For Medicare Supplement Plans in Northern New Jersey, please contact us if you need help selecting and enrolling in Medigap Plans. Use our very extensive list of Medigap carriers, and find a reputable vendor with the most affordable rate.
For more information, read Compare Medicare Supplement Plans and How to Choose a Medicare Supplement Plan and Vendor.
New Jersey Insurance Department
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For help finding the best Medicare Supplement Plan for you in Northern New Jersey, please contact Liberty Medicare or call us at 877-657-7477.
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