The Best New Jersey Medicare Supplement Plans (2022)

There are 10 Medicare Supplement plans in New Jersey. However, the plans that are available to you will depend on when you are eligible to enroll.

Medicare Supplement (commonly known as Medigap) plans offered by Horizon and Aetna are the best options in the state. In New Jersey, a Medicare Advantage Plan replaces your Medicare coverage, including Original Medicare. You cannot have both Medigap and Medicare Advantage at the same time.

Compare Health Insurance Rates

Insurance Rates

Ensure you're getting the best rate for your health insurance. Compare quotes from the top insurance companies.

widget-location-pin
Last Updated: 7/1/2022
Advertising & Editorial Disclosure
By     |  

In New Jersey, 65-year-olds pay $135 monthly on average for Medicare Supplement plans, while 75-year-olds pay roughly $224. Due to their comprehensive coverage, Plans F and G are the most popular. On average, they cost $237.01 and $160.40 monthly, respectively. However, Plan F is only available if you qualified for Medicare before 2020.

Compared to Plan F and Plan G, Plan N provides a similar level of coverage but with additional fees. 65-year-olds pay an average of $118.70 monthly for this plan, while 75-year-olds pay an average of $185.01 monthly.

MoneyGeek ranked these three plans based on their average rates and benefits. Our guide to picking the best Medicare Supplement plan in New Jersey has more information about different plan types and coverages.

iconribbonBestMedigapNew Jersey2022

Best Medicare Supplement Plans in New Jersey

Best Medicare Supplement Plan G in New Jersey

Horizon provides the best and most affordable Medicare Supplement plan in New Jersey for Plan G, at an average monthly cost of $154.62. However, MoneyGeek only ranks companies that provide online quotes. Many companies in New Jersey may not provide online quotes but might offer cheaper rates.

mglogo
MoneyGeek Top Pick
Horizon Blue Cross Blue Shield of New Jersey
  • MoneyGeek Score: 90 out of 100
  • Average Monthly Rate: $154.62

Medigap Plan G from Horizon costs an average of $154.62 per month in New Jersey, which is much less than the state's average of $200.30 per month. Horizon's Plan G has several benefits, including Foreign Travel Emergency coverage for individuals or groups traveling abroad. This covers them if they need any medical care when they are outside of the United States.

MORE ABOUT PLAN G IN NEW JERSEY

Navigate to learn more about Medigap Plan G in New Jersey, including how much it costs on average, what providers are available and what it covers.

The Cost of Medicare Supplement Plan G in New Jersey

In New Jersey, Medicare supplement Plan G costs an average of $200.30 per month. The cheapest provider, Horizon, charges an average of $154.60 per month for a 65-year-old. UnitedHealthcare, the most expensive provider, charges an average of $164.80 per month. By shopping around, you might save around $10 monthly on your purchase.

However, the rates given here are for a 65-year-old model Medicare customer. Your actual Plan G costs may vary depending on your age at the time of purchase, your current age, discounts and underwriting considerations.

Sort by Age:

65

Scroll for more

swipe icon
  • Company
    Sample Monthly Rate
  • Horizon
    $155
  • Aetna
    $162
  • UnitedHealthcare
    $165

Providers Offering Plan G in New Jersey

There are 24 carriers that provide Plan G in New Jersey. However, not all offer online estimates. MoneyGeek collected the contact details of all Medicare Supplement plan providers in New Jersey in order to help you locate one that meets your needs. MoneyGeek also details each provider's price structure so that you can determine which providers may charge you more depending on your age.

Providers Offering Plan G in New Jersey

Scroll for more

swipe icon
  • Company
    Contact Number
    Pricing Style
  • Aetna
    800-358-8749
    Attained Age
  • Liberty Bankers
    1-833-504-0331
    Attained Age
  • Americo
    888-220-7074
    Attained Age
  • AmeriHealth
    609-662-2400
    Attained Age
  • Bankers Fidelity
    1-866-458-7504
    Attained Age
  • Central States Health and Life Co. of Omaha
    800-826-6587
    Attained Age
  • Cigna
    1-855-891-9368
    Attained Age
  • Colonial Penn
    1-877-877-8052
    Attained Age

What Does Plan G Cover?

All Medigap policies, including Plan G, are standardized and must provide a minimum level of coverage. Keep in mind that Plan G does not cover Part B deductibles and covers just 80% of foreign travel exchange within your plan's limitations.

Additionally, some companies provide extra advantages in addition to the standard coverage. Horizon, for example, provides foreign travel emergency coverage.

Required Benefits of Plan G in New Jersey
  • Medigap Benefit
    Does Plan G Cover?
  • Part A co-insurance and hospital costs up to an additional 365 days after Medicare benefits are used up
    Yes
  • Part B co-insurance or copayment
    Yes
  • Blood (first 3 pints)
    Yes
  • Part A hospice care co-insurance or copayment
    Yes
  • Skilled nursing facility care co-insurance
    Yes
  • Part A deductible
    Yes
  • Part B deductible
    No
  • Part B excess charge
    Yes
  • Foreign travel exchange (up to plan limits)
    80%

Best Medicare Supplement Plan F in New Jersey

Horizon offers the best Medicare supplement Plan F in New Jersey, with an average monthly cost of $249.87. It’s important to note that MoneyGeek obtained data from companies in New Jersey that provide online quotes. This means that there may be more companies in New Jersey offering cheaper rates than those offering online quotes.

mglogo
MoneyGeek Top Pick
Horizon Blue Cross Blue Shield of New Jersey
  • MoneyGeek Score: 90 out of 100
  • Average Monthly Rate: $249.87

Horizon's Plan F costs an average of $249.87 per month, which is roughly $12.87 higher than the average monthly cost of the same plan in New Jersey. The company offers a Blue365 discount program, which is managed by the Blue Cross Blue Shield Association. Through this program, you can save money on cookbooks, meal plans and nutrition programs, fitness clothing and equipment, child safety products and health magazines as well as glasses and contacts.

MORE ABOUT PLAN F IN NEW JERSEY

Navigate to learn more about Medigap Plan F in New Jersey, including how much it costs on average, what providers are available and what it covers.

The Cost of Medicare Supplement Plan F in New Jersey

In New Jersey, the average monthly premium for a Medicare Supplement Plan F is $237. Variations in rates among states can be caused by a variety of factors, including age, provider and discounts.

Aetna offers the state's cheapest monthly Medigap Plan F at roughly $177.50 for 75-year-olds, while UnitedHealthcare offers the state's highest monthly premium at approximately $343.20. There is around a $165 difference in price between the two plans.

Sort by Age:

75

Scroll for more

swipe icon
  • Company
    Sample Monthly Rate
  • Aetna
    $135

Providers Offering Plan F in New Jersey

There are 24 carriers in New Jersey that provide Medigap Plan F. However, not all of them provide online quotes. To get an estimate from a provider, use the contact information provided by MoneyGeek below. The pricing style reveals which companies are more likely to charge you higher premiums based on your age.

Providers Offering Plan F in New Jersey

Scroll for more

swipe icon
  • Company
    Contact Number
    Pricing Style
  • Aetna
    800-358-8749
    Attained Age
  • Liberty Bankers
    1-833-504-0331
    Attained Age
  • Americo
    888-220-7074
    Attained Age
  • AmeriHealth
    609-662-2400
    Attained Age
  • Bankers Fidelity
    1-866-458-7504
    Attained Age
  • Central States Health and Life Co. of Omaha
    800-826-6587
    Attained Age
  • Cigna
    1-855-891-9368
    Attained Age
  • Colonial Penn
    1-877-877-8052
    Attained Age

What Does Plan F Cover?

All Medigap plans are standardized and must meet specific criteria. Plan F provides excellent coverage, but it only pays around 80% of the cost of a foreign travel exchange. Different providers offer different benefits of Plan F. For instance, the Horizon Blue365 discount program may give extra benefits and help you save money on premiums.

Required Benefits of Plan F in New Jersey
  • Medigap Benefit
    Does Plan F Cover?
  • Part A co-insurance and hospital costs up to an additional year after Medicare benefits are used up
    Yes
  • Part B co-insurance or copayment
    Yes
  • Blood (first 3 pints)
    Yes
  • Part A hospice care co-insurance or copayment
    Yes
  • Skilled nursing facility care co-insurance
    Yes
  • Part A deductible
    Yes
  • Part B deductible
    Yes
  • Part B excess charge
    Yes
  • Foreign travel exchange (up to plan limits)
    80%

Best Medicare Supplement Plan N in New Jersey

Aetna is the best option for New Jersey seniors looking for Medicare Supplement Plan N, with monthly rates of $107.29.

Keep in mind that our rankings only consider companies that provide online estimates. Other Plan N carriers in New Jersey may have cheaper pricing. You need to contact them directly to learn about their pricing and coverage options.

mglogo
MoneyGeek Top Pick
Aetna Medicare
  • MoneyGeek Score: 80 of 100
  • Average Monthly Rate: $107.29

When compared to the average cost of Plan N in New Jersey, which is $151.90, Aetna's Plan N is less expensive. Aetna also offers benefits not included in the regular Plan N, such as Foreign Travel Emergency. This ensures that your Aetna Medicare Supplement plan will cover you if you need emergency medical treatment while traveling outside the United States.

MORE ABOUT PLAN N IN NEW JERSEY

Navigate to learn more about Medigap Plan N in New Jersey, including how much it costs on average, what providers are available and what it covers.

The Cost of Medicare Supplement Plan N in New Jersey

Plan N costs an average of $151.90 per month in New Jersey. This rate may fluctuate depending on a variety of factors, including your current age and the age at which you purchase your plan.

For example, a 65-year-old New Jersey resident may qualify for Aetna, the cheapest provider of Plan N, at around $107.30 per month. With a monthly price of approximately $134.40, UnitedHealthcare is the most expensive Plan N provider in New Jersey. That's a monthly difference of around $27.

Sort by Age:

65

Scroll for more

swipe icon
  • Company
    Sample Monthly Rate
  • Aetna
    $107
  • Horizon
    $114
  • UnitedHealthcare
    $134

Providers Offering Plan N in New Jersey

In New Jersey, Plan N is offered by 24 different companies. Since not all providers offer online estimates, comparing Medicare Supplement plans in New Jersey can be difficult.

MoneyGeek has compiled a list of all New Jersey Plan N providers' contact information so you may choose the best choice for you. Furthermore, we provide their pricing style so you can see which ones charge more based on your age range.

Providers Offering Plan N in New Jersey

Scroll for more

swipe icon
  • Company
    Contact Number
    Pricing Style
  • Aetna
    800-358-8749
    Attained Age
  • Liberty Bankers
    1-833-504-0331
    Attained Age
  • Americo
    888-220-7074
    Attained Age
  • AmeriHealth
    609-662-2400
    Attained Age
  • Bankers Fidelity
    1-866-458-7504
    Attained Age
  • Central States Health and Life Co. of Omaha
    800-826-6587
    Attained Age
  • Cigna
    1-855-891-9368
    Attained Age
  • Colonial Penn
    1-877-877-8052
    Attained Age

What Does Plan N Cover?

All Medigap policies are standardized, which means they must give some level of coverage. Plan N does not pay Part B deductibles or excess charges, but it does cover 80% of overseas travel expenses up to the plan's limit. In New Jersey, Aetna's Plan N offers Foreign Travel Emergency coverage.

Required Benefits of Plan N in New Jersey
  • Medigap Benefit
    Does Plan N Cover?
  • Part A co-insurance and hospital costs up to an additional year after Medicare benefits are used up
    Yes
  • Part B co-insurance or copayment
    Yes
  • Blood (first 3 pints)
    Yes
  • Part A hospice care co-insurance or copayment
    Yes
  • Skilled nursing facility care co-insurance
    Yes
  • Part A deductible
    Yes
  • Part B deductible
    No
  • Part B excess charge
    No
  • Foreign travel exchange (up to plan limits)
    80%

Best Medicare Supplement Plans in New Jersey: Other Plan Types

Medicare Supplement Plans in New Jersey are not restricted to Plans F, G and N. Plan A, B, C, D, K and L are less popular plans that few people purchase because they provide less coverage. MoneyGeek found that Aetna is the best provider for Plans B, C and D, while Horizon is the best provider for the letter plan A and K, and UnitedHealthcare is the best provider for Plan L.

Additionally, Plan C will not be available in New Jersey or any other state if you become eligible for Medicare after January 1, 2020.

The Best Medicare Supplement in New Jersey - Alternate Plans
  • Plan Type
    Best Plan
    Monthly Cost
  • A

    Horizon

    $120.81

  • B

    Aetna

    $149.05

  • C

    Aetna

    $283.69

  • D

    Aetna

    $152.45

  • F

    Horizon

    $249.87

  • G

    Horizon

    $154.62

  • K

    Horizon

    $56.19

  • L

    UnitedHealthcare

    $94.88

  • N

    Aetna

    $107.29

How to Find the Best Medicare Supplement Plans in New Jersey

Medigap insurance is a complicated subject in New Jersey. MoneyGeek collected and analyzed pricing data from various companies to help you find the best carrier for your supplemental insurance needs. This chart will make it easier to compare Medicare Supplement plans in New Jersey.

New Jersey Medicare Supplement Plans Comparison Chart

In terms of coverage and availability, Medigap policies vary. Plan F and C, for example, provide the most extensive coverage but are not available to new enrollees. Your next best options are Plan G or Plan D.

You may compare Medicare Supplement plans in New Jersey shoulder to shoulder using MoneyGeek's chart. It displays the differences in coverage as well as the average cost.

Medicare Supplement Comparison Chart
Coverage
A
B
C
D
F
G
K
L
M
N

Part A co-insurance and hospital costs up to an additional 365 days after Medicare benefits are used up

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Part B co-insurance or copayment

Yes

Yes

Yes

Yes

Yes

Yes

50%

75%

Yes

Yes

Blood (first 3 pints)

Yes

Yes

Yes

Yes

Yes

Yes

50%

75%

Yes

Yes

Part A hospice care co-insurance or copayment

Yes

Yes

Yes

Yes

Yes

Yes

50%

75%

Yes

Yes

Skilled nursing facility care co-insurance

No

No

Yes

Yes

Yes

Yes

50%

75%

Yes

Yes

Part A deductible

No

Yes

Yes

Yes

Yes

Yes

50%

75%

50%

Yes

Part B deductible

No

No

Yes

No

Yes

No

No

No

No

No

Part B excess charge

No

No

No

No

Yes

Yes

No

No

No

No

Foreign travel exchange (up to plan limits)

No

No

80%

80%

80%

80%

No

No

80%

80%

The Cost of Medicare Supplement Plans in New Jersey

The cost of Medicare Supplement Plans in New Jersey varies according to the plan you choose and the company. Horizon is the most cost-effective option in New Jersey for most of the plan options (i.e., Plans A, F, G and K,). Meanwhile, Aetna is the cheapest for Plans B, C, D and N, while UnitedHealthcare is the most cost-effective for Plan L.

Companies in New Jersey use the pricing styles described below to determine premiums:

  • Attained-Age: This is the most popular pricing method used by New Jersey providers. Premiums are based on your current age (or the age you've "attained" under this pricing system). This implies that your rates will rise as you get older.
  • Issue-Age: In New Jersey, this is the second most popular price plan. The premium is calculated according to your age at the time of purchase. Prices may grow due to causes other than age, such as inflation.
  • Community-Rated: Providers of community-rated plans charge the same monthly cost regardless of age.
Average Cost of Medicare Supplement in New Jersey

Sort by Plan Letter:

65

Scroll for more

swipe icon
  • Company
    Sample Monthly Rate
  • Horizon
    $121
  • UnitedHealthcare
    $121
  • Aetna
    $132

FAQs About Medicare Supplement Plans in New Jersey

To help you determine the best Medicare Supplement Plans in New Jersey, MoneyGeek answers the most frequently asked questions.

Methodology

MoneyGeek collected data from the biggest Medicare Supplement/Medigap providers in New Jersey for 65-year-olds and 75-year-olds. Plans were only rated as one of the best if we could obtain an accurate quote from the provider online.

MoneyGeek’s scoring system weighted affordability 75% and benefits 25%. A Medigap provider received 5% for every benefit, up to a maximum of 25%.

About the Author


expert-profile

Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.


sources