Three insurers lead New Jersey's Medicare Supplement market for 65-year-olds. Bankers Fidelity charges $160 monthly for Plan G and AFLAC's Plan N costs $118 monthly. Plan F by LifeShield National is priced at $198 monthly. Your final cost depends on three factors: current age, selected plan type and how your insurer calculates rates over time.
Best Medicare Supplement Plans in New Jersey (2026)
Updated: February 2, 2026
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Key Takeaways
LifeShield National offers New Jersey’s lowest Plan F rates, while Bankers Fidelity provides the most affordable Plan G and AFLAC offers the cheapest Plan N option.
Medicare Supplement plans in New Jersey cost between $47 and $1500 per month, depending on plan type, age and provider.
Compare quotes from multiple insurers and check plan availability, restrictions and benefits to find your best option.
Best Medicare Supplement Plans in New Jersey
| Mutual of Omaha | A | $129 | $98 | Attained Age Pricing |
| Aetna | B | $206 | $55 | Attained Age Pricing |
| Bankers Fidelity | C | $196 | $114 | Attained Age Pricing |
| Bankers Fidelity | D | $159 | $82 | Attained Age Pricing |
| LifeShield National | F | $198 | $99 | Attained Age Pricing |
| Bankers Fidelity | G | $160 | $83 | Attained Age Pricing |
| Transamerica | K | $93 | $16 | Issue Age Pricing |
| Transamerica | L | $137 | $38 | Issue Age Pricing |
| Philadelphia American | M | $99 | $35 | Attained Age Pricing |
| AFLAC | N | $118 | $75 | Attained Age Pricing |
*Prices are for 65-year-olds.
Bankers Fidelity
MoneyGeek Rating
4.4/ 5
4.6/5Affordability
4.4/5Pricing Style
4.2/5Plan Availability
Average Plan G Rate
$160Plan Types
A, C, D, F, G, K, N
LifeShield National
MoneyGeek Rating
4.5/ 5
5/5Affordability
4.1/5Pricing Style
3.7/5Plan Availability
Average Plan G Rate
$165Plan Types
A, C, D, F, G, N
Aflac
MoneyGeek Rating
4.5/ 5
4.9/5Affordability
4.2/5Pricing Style
4/5Plan Availability
Average Plan G Rate
$172Plan Types
A, C, D, F, G, N
Mutual of Omaha
MoneyGeek Rating
4.1/ 5
4.4/5Affordability
4/5Pricing Style
3.3/5Plan Availability
Average Plan G Rate
$172Plan Types
A, C, D, F, G, N
Aetna Medicare
MoneyGeek Rating
4.3/ 5
4.9/5Affordability
3.9/5Pricing Style
3.3/5Availability
Average Plan G Rate
$209Plan Types
A, B, C, D, F, G, N
Transamerica
MoneyGeek Rating
4.6/ 5
4.8/5Affordability
4.6/5Pricing Style
4.4/5Availability
Average Plan G Rate
$195Plan Types
A, B, C, D, F, G, K, L, M, N
Philadelphia American
MoneyGeek Rating
4.3/ 5
4.7/5Affordability
4.2/5Pricing Style
3.6/5Availability
Average Plan G Rate
N/APlan Types
A, C, D, F, G, M, N
Best Medicare Supplement Plan G in New Jersey
Plan G rates in New Jersey range from $160 to $181 per month for 65-year-olds. Bankers Fidelity leads at $160 monthly. Residents save $492 annually against the average. Two insurers follow closely: LifeShield National charges $165 monthly and Bankers Life charges $166 monthly.
| Bankers Fidelity | $160 | $41 | $1,914 | $492 |
| LifeShield National | $165 | $36 | $1,980 | $432 |
| Bankers Life | $166 | $35 | $1,986 | $420 |
| Mutual of Omaha | $172 | $29 | $2,064 | $348 |
| AFLAC | $172 | $29 | $2,064 | $348 |
| American Benefit | $181 | $20 | $2,172 | $240 |
| ManhattanLife of America | $181 | $20 | $2,172 | $240 |
Best Medicare Supplement Plan F in New Jersey
New Jersey residents age 65 pay $198 to $229 monthly for Plan F coverage. Two insurers tie at the lowest rate. LifeShield National and Bankers Fidelity both charge $198. That's 21% below average. AFLAC follows at $209 monthly. You save $492 to $624 annually when choosing these three insurers over higher-priced options.
| LifeShield National | $198 | $52 | $2,376 | $624 |
| Bankers Fidelity | $198 | $52 | $2,376 | $624 |
| AFLAC | $209 | $41 | $2,508 | $492 |
| Mutual of Omaha | $214 | $36 | $2,568 | $432 |
| American Benefit | $221 | $29 | $2,652 | $348 |
| ManhattanLife of America | $227 | $23 | $2,724 | $276 |
| Humana | $229 | $21 | $2,744 | $252 |
Best Medicare Supplement Plan N in New Jersey
AFLAC charges $118 monthly for Plan N. This is the lowest rate available to New Jersey residents age 65. LifeShield National and Mutual of Omaha both price Plan N at $120 monthly. Plan N adds copayments of $20 for doctor visits and $50 for emergency room care. These copays reduce monthly premiums. You still get strong coverage for most Medicare-approved expenses
| AFLAC | $118 | $30 | $1,416 | $360 |
| LifeShield National | $120 | $28 | $1,440 | $336 |
| Mutual of Omaha | $120 | $28 | $1,440 | $336 |
| Bankers Life | $121 | $27 | $1,446 | $324 |
| Bankers Fidelity | $121 | $27 | $1,452 | $324 |
| Medico Corp | $129 | $19 | $1,544 | $228 |
| American Benefit | $130 | $18 | $1,560 | $216 |
Personalized New Jersey Medicare Supplement Plan Recommendations
Finding your best Medicare Supplement plan depends on age and plan type. Compare rates using the filterable table below.
Data filtered by:
A
Select
No
| Mutual of Omaha | A | No | 65 | $129 | $0 | Attained Age Pricing |
| LifeShield National | A | No | 65 | $164 | $0 | Attained Age Pricing |
| Aetna | A | No | 65 | $173 | $0 | Attained Age Pricing |
| Transamerica | A | No | 65 | $175 | $0 | Issue Age Pricing |
| Bankers Life | A | No | 65 | $178 | $0 | Attained Age Pricing |
| Medico Corp | A | No | 65 | $178 | $0 | Issue Age Pricing |
| United American | A | No | 65 | $179 | $0 | Attained Age Pricing |
| American Benefit | A | No | 65 | $180 | $0 | Attained Age Pricing |
| Humana | A | No | 65 | $180 | $0 | Attained Age Pricing |
| WoodmenLife | A | No | 65 | $186 | $0 | Attained Age Pricing |
Medicare Supplement Plan Cost in New Jersey
New Jersey residents age 65 pay $109 to $310 monthly for Medicare Supplement coverage, averaging $219 across all plan types.
The most popular plans (Plan G, Plan F and Plan N) average $243, $297 and $193 monthly. Three variables affect your premium: which insurer you choose, your current age and the company's pricing method.
| A | $227 | $2,724 |
| B | $261 | $3,132 |
| C | $310 | $3,720 |
| D | $241 | $2,892 |
| F | $297 | $3,564 |
| G | $243 | $2,916 |
| K | $109 | $1,308 |
| L | $175 | $2,100 |
| M | $134 | $1,608 |
| N | $193 | $2,316 |
How to Choose the Best Medicare Supplement Plan
After choosing your plan type, you'll want to compare providers in New Jersey. Consider these important factors when selecting a Medicare Supplement insurer.
- 1Assess Your Health Care Needs
Do you travel frequently? How often do you see doctors? More coverage costs more monthly but saves you money when you need care. If you have ongoing medical conditions requiring regular treatment, higher monthly premiums cost less overall through lower out-of-pocket expenses.
- 2Compare Plan Types
Plan G offers the most coverage for new Medicare beneficiaries. Plan N provides similar benefits with lower premiums plus modest copays ($20 for doctor visits, $50 for emergency room). Plan F, available only if you enrolled in Medicare before 2020, covers all out-of-pocket costs. Plans K and L cost less monthly but require you to pay a percentage of costs until you hit an annual limit. Plans A, C and D cover basics with varying benefit levels. Plans B and M fill specific gaps between basic and comprehensive coverage.
- 3Get Quotes From Multiple Providers
Get quotes from at least three companies to ensure competitive rates. Insurers charge different rates for identical coverage.
- 4Check Pricing Style
Three pricing methods exist: Issue Age (locked at your enrollment age), Attained Age (rises as you age) and Community-Rated (same for everyone). Issue Age and Community-Rated plans save you money long-term.
- 5Check Company Ratings
Check AM Best ratings for financial stability and customer satisfaction scores for service quality. Cheaper premiums aren't worth it if your insurer delays claims or provides poor service.
- 6Enroll During Open Enrollment
Enroll during the six-month window starting when you turn 65 and sign up for Medicare Part B. You're guaranteed acceptance regardless of health conditions. Wait longer, and insurers may charge more or deny coverage.
New Jersey Medicare Resources
New Jersey residents seeking help with Medicare have multiple resources available at no cost to provide guidance and information.
- New Jersey State Health Insurance Assistance Program (SHIP): Trained volunteer counselors offer personalized guidance to help seniors understand Medicare, compare plans and avoid insurance fraud. The New Jersey State Health Insurance Program provides free, confidential counseling to Medicare beneficiaries and their families on Medicare Supplement plans, Medicare Advantage and Part D prescription drug coverage.
- New Jersey Department of Banking and Insurance: This state agency publishes annual Medicare Supplement rate comparison guides and investigates consumer complaints about insurers. The department's consumer hotline answers questions about coverage options, billing disputes and policy rights. It also enforces New Jersey insurance laws and helps residents report suspected fraud.
- New Jersey Area Agencies on Aging: Local agencies throughout New Jersey connect seniors with Medicare enrollment assistance and benefits counseling. They provide information about community programs, caregiver support and health services for older adults. Each county has an Area Agency on Aging serving local residents.
- Medicare.gov: The federal government's official Medicare website includes comprehensive information about Original Medicare, Medigap, Medicare Advantage and Part D plans. The plan finder tool shows all available options in your ZIP code with premium costs, coverage details and quality ratings. The site also explains enrollment periods and coverage rules.
Medicare Supplement Plans in New Jersey: FAQ
Find answers to frequently asked questions about Medicare Supplement coverage for New Jersey residents.
When is Medicare Supplement open enrollment in New Jersey?
Medicare Supplement open enrollment in New Jersey begins when you turn 65 and enroll in Medicare Part B. This six-month window guarantees coverage regardless of health conditions. You can buy a Medicare Supplement plan anytime, but insurers can deny coverage or charge higher rates outside this period.
What are the most popular Medicare Supplement plans?
Plan G, Plan F and Plan N are the most popular Medicare Supplement plans. Plan G offers comprehensive coverage with predictable out-of-pocket costs. Plan F provides the most complete coverage but is available only to those eligible before 2020. Plan N offers lower premiums with modest copayments ($20 for doctor visits, $50 for emergency room). Learn more about Medicare coverage.
Do you have to renew Medigap plans every year?
No. Medicare Supplement plans automatically renew as long as you pay premiums on time. Your coverage continues indefinitely without annual enrollment periods, unlike Medicare Advantage plans that require yearly review during open enrollment.
What's the difference between Medicare Supplement and Medicare Advantage?
Medicare Supplement plans work with Original Medicare to cover out-of-pocket costs like deductibles and copayments. Medicare Advantage plans replace Original Medicare entirely, providing an all-in-one alternative with different networks, costs and coverage rules. Supplement plans offer more provider flexibility. Advantage plans often include extras like dental and vision coverage.
Our Methodology
MoneyGeek collected New Jersey Medicare Supplement data for 65-year-olds and 75-year-olds using Medicare.gov's plan browsing tool. Unless otherwise noted, this article references quotes for 65-year-olds.
We scored New Jersey Medigap companies across three categories to create a weighted score out of 5:
- Affordability (50%): Lower monthly premiums earn higher scores.
- Pricing style (20%): We scored pricing methods based on long-term stability and fairness: Community Pricing (1.0), Issue-Age Pricing (0.8) and Attained-Age Pricing (0.6). A community-rated plan with slightly higher costs can outscore a cheaper attained-age plan because community-rated premiums stay stable as you age.
- Plan availability (30%): Insurers offering more plan types score higher. We weighted popular plans (G, F and N) more heavily in scoring.
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About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.