New Jersey Medicare Supplement Plans
New Jersey, also known as the “Garden State” is known for its corn, tomatoes, and blueberries. There are approximately 9 million residents in New Jersey with seniors (65 and older) making up 15% of its total population.
New Jersey Quick Medicare Facts
- About 1.5 million New Jersey residents have Medicare coverage (2015, kff.org).
- There are approximately 438,000 beneficiaries enrolled in a New Jersey Medicare Supplement Plan or “Medigap” policy. (2015, AHIP.org).
- The most popular New Jersey Medicare Supplement Plans are Plan C, F, and N (2015, AHIP.org).
Medicare beneficiaries living in New Jersey who need assistance in paying some of the healthcare expenses not covered under Original Medicare have the option to purchase a one of the ten standardized Medigap plans available in New Jersey. The best time to purchase a New Jersey Medicare Supplement Plan is during the Medigap Open Enrollment Period. This period begins the first day you are both 65 years or older and enrolled in Medicare Part B. During the six-month period, you can sign up for any New Jersey Medicare Supplement Plan without being denied coverage for pre-existing conditions or undergo medical underwriting. If you decide to sign up after the Medigap Open Enrollment Period, the insurance company may consider your health status and previous health history and deny you coverage.