If you're a Medicare beneficiary in New Jersey, you may wonder which Medicare Advantage plan is right for you. With so many options available, figuring out where to start can take time. Meeting with a knowledgeable insurance broker and reviewing the top Medicare Advantage plans in New Jersey can help you decide which plan is right for you. Explore some of the state’s top plans below to get started on what different companies have to offer.
What is a Medicare Advantage Plan for Seniors?
What is a Medicare Advantage Plan?
A Medicare Advantage Plan is a type of health insurance plan designed specifically for people eligible for Original Medicare parts A and B. These plans cover all the same services as Original Medicare but offer additional benefits such as vision, dental, hearing, and prescription drug coverage. Most plans also offer lower copays and coinsurance than Original Medicare.
Benefits of Choosing a Medicare Advantage Plan
The most obvious benefit of choosing a Medicare Advantage Plan is the added coverage of these plans provided over Original Medicare. There may be copays for some services that are lower than those associated with Original Medicare Part B (for doctor visits). Many plans also cover additional services such as vision and dental care that would otherwise not be covered under Original Medicare. Furthermore, some plans will even cover things like gym memberships or home health care services at no extra cost. This means you can get more comprehensive coverage with fewer out-of-pocket costs than if you had chosen only Original Medicare Parts A & B.
New Jersey’s Top Medicare Advantage Plans for Seniors
Aetna Medicare Advantage Plans
Aetna offers a variety of Medicare Advantage plans in New Jersey, including HMO, PPO, and HMO SNP plans. Aetna's plans offer benefits such as prescription drug coverage, dental and vision coverage, and fitness memberships. You can also get extra protection with an Aetna Supplemental Plan.
Cigna Medicare Advantage Plan
Cigna's Medicare Advantage plan is another excellent option for beneficiaries seeking comprehensive coverage. The plan covers doctor's visits, hospital stays, prescription drugs, and more. It also has low monthly premiums and no copayments for preventive care.
Horizon Blue Cross Blue Shield of New Jersey Medicare Advantage Plans
Horizon BCBSNJ offers many Medicare Advantage plans in New Jersey, including HMOs, PPOs, and SNPs. All of Horizon's plans offer comprehensive benefits, including prescription drug coverage, dental and vision coverage, and more. In addition, subscribers can opt to add on a Horizon Supplemental Plan for additional protection.
Humana Medicare Advantage Plan
Humana's Medicare Advantage plan is a good option for beneficiaries looking for comprehensive coverage with low monthly premiums. The plan covers doctor's visits, hospital stays, prescription drugs, and more. Additionally, there are no copayments for preventive care visits.
UnitedHealthcare Medicare Advantage Plans
UnitedHealthcare offers a variety of Medicare Advantage plans in New Jersey, including HMOs, PPOs, and SNPs. All of UnitedHealthcare's plans offer comprehensive benefits, including prescription drug coverage, dental and vision coverage, and more. You can also add on a UnitedHealthcare Supplemental Plan for additional protection.
WellCare Health Plans Medicare Advantage Plans
Like Aetna and UnitedHealthcare, WellCare offers many Medicare Advantage plans in New Jersey, including HMOs, PPOs, and SNPs. All of WellCare's plans offer comprehensive benefits, including prescription drug coverage, dental and vision coverage, and more. Additionally, subscribers can add on a WellCare Supplemental Plan for additional protection.
Consult with the Experts on Medicare Advantage Plans in New Jersey
With so many great options available, choosing the right Medicare Advantage plan can be challenging. But armed with correct, up-to-date information—like a list of the top Medicare Advantage plans in New Jersey—you can make an informed decision about which plan is right for you.
If you have any questions about these plans or need help selecting one, our team at Murray Talks Insurance would be happy to assist you. Get in touch today for a free consultation with one of our insurance experts, and live your senior years in good physical and financial health.