Getting Medicare Supplement Coverage in New Jersey.  5 Important Tips.


bergen county New Jersey

Choosing Medicare Supplement plan that ideally suits your needs for the foreseeable future, is not an easy task.  However, if you want to ensure that your financial future is a stable one, choosing your Medicare supplement coverage is particularly important.

It's no secret: unmanageable medical bills is the number 1 cause named as an explanation for Americans facing bankruptcy.  Choosing the right health insurance / Medicare supplement plan, can go a long way in insulating your family from a financial calamity.

If you are already a resident of New Jersey, you know what most Americans do not: New Jersey is actually a great place to live and retire.  Once you have your quality Medicare Supplement coverage in place, things might just be perfect!

The steps below will provide the basic information you need to acquire a quality Medicare Supplement plan in New Jersey.  Please don't hesitate to call if you have any questions.  We are here to help.

There are a myriad of questions that you may have: Just what is Medicare, exactly? Where to start?  What are Medicare Supplement plans?  Which plan is right for me?  How do I qualify?  What will everything cost?  Fortunately, we can help with all of these questions.  We are pleased to lend our experience to your search for the ideal Medicare Supplement plan for your needs.

1.  Do not delay.
When it comes to supplement coverage (sometimes referred to as Medigap Plans), the sooner you start researching options, the better.  The first thing you will want to do is ensure that you are eligible to purchase a Medicare Supplement Plan.  To be eligible, you will need to be enrolled in both Part A, and Part B of Medicare.  If you are eligible, there is an initial enrollment period of seven months that begins 3 months before your 65th birthday.  This enrollment period is the ideal time to get your Medicare Supplement Policy in place.

2.  Check out all options thoroughly.
You will quickly discover that there are many health plan options for you to choose from.  Medicare Supplement plans in New Jersey (and most other states), are designated by letters of the alphabet (A-N).  Each option provides coverage for a distinct level of incurred medical fees that would not be covered by Medicare.  These plans and their myriad of benefits can be confusing.  For clarification, please give us a call.

3.  Understand your budget.
Currently, there are 10 different Medicare Supplement plans in the market.  These plans are standardized.  This means the plan benefits are the same - no matter which insurance company you purchase the plan from.  In other words, An F plan purchased from say Aetna Health and Life, provides the exact same level of benefits as a plan F purchased from Cigna, or AARP.  Even though the benefits are the same, the prices can vary significantly depending the insurance company that you choose to buy from.  Pricing can also vary dependent upon where you live.  For example, the price to purchase a Medicare Supplement plan A in Bergen County, may be different than the same exact plan A purchased in Essex County.  Whichever plan you choose, you will want to access whether or not the price of the plan will fit comfortably into your budget.

4.  Avoid any health plan that is not specifically designed to complement Medicare.
There are a lot of plans out there.  Critical illness, short-term health insurance, long-term-care plans, and alternative healthcare sharing plans, to name a few.  They all can provide great value when utilized for a specific circumstance.  However, they are not to be used as a complement to Medicare.  Do not allow yourself to be "sold" such a plan as a solution to uncovered Medicare costs.

5.  Get in touch with a specialist.
Contacting a Medicare Supplement Plan specialist is usually the best way to find out about the plan options that are available to you. is a brokerage that focuses on Medicare options.  We are licensed with all the major insurance carriers that offer Medigap plans.  Insurance carriers we work with include: Blue Cross Blue Shield, Humana, Mutual of Omaha, AARP, and more.