Using our independent brokerage, you can compare the lowest rates from several New Jersey Medicare supplement insurance providers online and hassle free.
There are no extra costs or fees to use our agency.
We offer all Medigap plans direct including: Aetna, Anthem Horizon, Cigna, Central States Indemnity, Combined, Equitable, Manhattan Life, Mutual of Omaha, Transamerica, United American, United Healthcare and many others.
Navigating the Medicare supplement and Advantage marketplaces can be difficult. And there are prescription Part D plans to think of as well. These plans can be confusing and complicated for those who are new to Medicare.
We are here to help. We license direct with the most competitive and highly-rated insurance carriers offering Medigap insurance policies. There are no fees or additional charges to use our services. We can help you understand and enroll in the most suitable insurance plan for your needs and budget.
There are ten Medicare supplement plans to choose from: A, B, C, D, F, G, K, L, M and N. Some carriers offer “Select” network-driven versions of Plans F & C and there is also a High Deductible Plan F offered from a handful of insurers.
Each Medicare supplement plan offers a varying degree of coverage that fills in the gaps of Original Medicare Parts A and B offered by the federal government.
Plan F is the most comprehensive supplement available as it fills in all of the gaps in Medicare A & B. So long as it’s a Medicare approved expense, traditional Plan F will pickup the remaining costs. There are no yearly maximums or limits.
All other supplemental plans will fill in most gaps. Typically our clients will balance premiums with the out-of-pocket costs associated with the each plan they are considering.
We have a Medicare supplement coverage chart on our website that details what each plan covers and the known out-of-pocket expenses associated with each plan. Please feel free to call us with any questions about how these gaps might affect you.
It is important to note, that by rule, no Medicare supplement plans sold today provide prescription drug coverage. Those plans (Part D) must be purchased separately, but our agency can help with those as well.
We have been offering supplemental coverage for many years and the policies most commonly purchased by our clients are Plans F, G, N and High Deductible F.
Many beneficiaries like Plan G as it has only one small gap – the Medicare Part B deductible. The one-time Part B deductible is only $185 for 2019. If Plan G premiums are $15-$20 less than the best priced Plan F, then it can be a wise choice.
And many of our clients are inquiring about High Deductible Plan F. This coverage is especially popular as the premiums are very low in comparison to most other supplemental and Advantage plans. The deductible for HD Plan F in 2019 is $2,300 – $60 more than it was in 2018.
So long as you are purchasing a traditional Medicare supplement and not a Select Plan, then you do not need to worry about any network restrictions. In other words, if your doctor or hospital accepts Medicare, then they will accept your supplemental coverage for Medicare approved expenses.
When it comes to networks, it does not matter who you choose as your Medicare supplement provider in New Jersey – AARP, Aetna, Anthem, United Healthcare, etc. – they will be no different.
It is more common to see network issues with Medicare Advantage plans. These plans typically require their members to use certain doctors and hospitals in order to reduce costs. This can be a problem if you are referred to someone who is outside of your Advantage plan’s network.
As a full service New Jersey Medicare supplement insurance agency, we also offer prescription Part D drug assistance and enrollment. These policies can also be confusing for consumers, so we help to simplify the comparison and enrollment process for our clients so they can avoid penalties and delays.
Plan premiums, plan deductibles, drug copays, and pharmacy options are the features you want to compare when shopping for a suitable Part D plan. The Plan Finder tool at Medicare.gov can be a valuable resource for comparison shopping. We can help you understand the results of these comparisons and what they mean to you.
Hyers and Associates is a full service insurance agency specializing in Medicare supplements, Advantage plans and prescription Part D coverage. We work with all carriers direct so you can compare the lowest prices available.
Contact us today and we will help you compare quotes on the Medigap insurance policies that best fit your needs and budget.