Welcome, here you will learn about New Jersey Medicare and New Jersey Medicare supplemental insurance. The goal here is to supply you with the information needed to select a Medicare supplement plan that best meets your needs at the least expensive price available.
|Is Medicare supplement Plan F right for you?
What is New Jersey Medicare?
New Jersey Medicare is merely Medicare operated inside the state of New Jersey. Medicare is our country’s health insurance program for those age 65 or older. Some people younger than age 65 can be entitled to Medicare when they have certain disabilities. The program helps pay for the cost of healthcare, but it will not cover all medical expenses as well as the cost of most long-term care.
When should I apply for New Jersey Medicare?
For those that are not already getting retirement benefits you should contact Social Security around three months prior to your 65th birthday to sign up for Medicare. You can sign up for Medicare even if you do not intend to retire at age 65. Click here to visit the Social Security online Retirement/Medicare application.
Medicare Part A (Hospital Insurance)
Medicare Part A covers a portion of your medical expenses once you have been admitted into a hospital, skilled nursing facility, hospice, plus some home health care.
You pay (2012): The per incident period (not per year) deductible for Medicare Part A of $1156, $289 per day for days 61-90 hospital room and board, $578 each day after 90 days (up to a maximum of 60 days over your lifetime and total costs thereafter), $144.50 daily for skilled nursing facility for days 21-100 and all of costs thereafter.
Medicare Part B (Doctor Insurance)
Medicare Part B covers a portion of your medical expenses for doctor services, some preventive services and various medical services and supplies which are not covered by Medicare Part A. If you have Medicare Part B you will pay a premium each month out of your Social security benefits.
You pay (2012): The yearly deductible of $140, the costs of the first 3 units of blood, 20% for durable medical equipment, 20% for doctor services including doctor service while as a hospital patient, 40% outpatient mental health care, any excess charges (some doctors charge as much as 15% above what Medicare authorizes)
Although Medicare will cover a large portion of your Medical expenses there are plenty of gaps left where you will pay. These gaps can certainly strain a person’s financial resources when they are on a set budget. A New Jersey Medicare supplemental insurance policy can fill in most or all the gaps in Medicare and they are very reasonably priced for most people.
New Jersey Medicare supplement insurance plans are offered by private insurance companies. The federal government has standardized these plans. Which means that all plans labelled by the same letter provide exactly the same coverage regardless if you obtain your insurance from Family Life, Mutual of Omaha, AARP, Blue Cross or some other insurance company. Nationwide three of the most popular plans are F, G, and N.
New Jersey Medicare supplement plan F: This is easily the most popular and comprehensive plan. It covers all the gaps left in both Medicare Part A and Part B.
New Jersey Medicare supplement plan G: This plan is just about the same as Medicare supplement plan F with the exception of not paying the annual Medicare Part B deductible. For many this plan is often the smartest choice when you don’t mind paying the yearly deductible as opposed to the sometimes more expensive monthly premiums for Medicare supplement plan F.
New Jersey Medicare supplement plan N: Unlike Medicare supplement plan F this plan includes a bit of cost-sharing ($20 doctor’s office co-pay and $50 emergency room co-pay in 2011) in exchange for reduced monthly premiums. Plan N is designed as an alternative to Medicare Advantage plans, while adding the freedom and stability of a Medicare supplement.
There are lots of insurance companies offering New Jersey Medicare supplement plans and the costs can vary greatly from company to company. Many people who do not utilize the services of an independent agent wind up paying over 40-50% extra for their insurance! It is a shame because getting your Medicare supplement insurance
through us cost you absolutely nothing.Click here to see the Medicare supplement plans chart
You can request Medicare supplement quotes now by clicking here and filling out a simple form. An agent will look up the rates based off of the information you provide and send the quotes to you by email.
Hello! My name is Sergeant First Class (retired) Joel Moyer, an owner and independent agent for Centaur Medicare Solutions LLC. I served our country in the US Army for over twenty years, and I look forward to serving you.
Centaur Medicare Solutions is a Limited Liability Company specializing in Medicare Supplement Insurance and Term Life Insurance. We provide our customers with an independent agent dedicated to finding the best services for that customer.
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