If you are soon to reach a Medicare eligible age The ideal time to find out about the particulars of Medicare supplement and Medicare Advantage options is right now.  There are a finite number of Medicare insurance carriers and options available in Freehold, NJ.  Why not put yourself ahead of things and find out about your Medicare insurance options now?  To begin, you need to first understand Medicare basics.  We will briefly discuss basic Medicare concepts below.

What Exactly Is Medicare Insurance?

You may find Medicare insurance confusing.  The finer points of Medicare insurance are rarely discussed in routine conversation, so opportunities to learn about Medicare and the insurance coverage associated with Medicare, do not come by often.

To put it succinctly, Medicare insurance coverage is insurance for medical circumstances that are not covered, or not fully covered by the United States Medicare insurance plan.  Generally, Medicare insurance is provided by the U.S. government for most U.S. citizens once they reach the age of 65.  This coverage is comprehensive.  However, it does not cover everything.  If your only protection against medical bills is traditional Medicare, and you suffer a medical misfortune that requires surgery or a hospital stay, you can run up a significant medical bill relatively quickly.  Most people are surprised by the costs associated with even the most modest of medical procedures.  Within traditional Medicare insurance coverage, there are “gaps” in the coverage protection that you are responsible for should you incur fees for certain medical procedures of drugs.  A Medicare Supplement or Medicare Advantage plan is designed to meet these “gaps” in traditional Medicare coverage.

Traditional Medicare is provided by the U.S. government, Medicare Supplement insurance and Medicare Advantage plans (also known as Medigap plans), are offered through private companies.

Medicare supplement and Medicare advantage plans are available for Freehold residents to supplement Traditional Medicare. They cannot be used for any other purpose.  If you do not have Traditional Medicare coverage, you cannot purchase a Medicare Supplement, or Medicare Advantage plan.  This is true in New Jersey and anywhere else in the U.S.

Medicare Supplement Coverage Eligibility in Freehold, New Jersey.

You must meet a few essential requirements to be eligible for a Medigap plan in the state of New Jersey:

1.  you must be enrolled in Medicare Part A and Part B.  If you are not enrolled in Both Part A and Part B of Traditional Medicare, you will not be able to purchase a Medicare supplement, or Medicare advantage plan.

2. Generally, you must be age 65 or older in order to be eligible for Medicare supplement or Medicare advantage insurance.  However in New Jersey, insurance companies that offer Medicare supplement coverage are required to offer at least one type of Medicare supplement insurance plan to individuals who, through specific disabilities, are eligible for Medicare prior to age 65.

CentraState Healthcare System 901 W Main St Freehold, NJ 07728 Telephone: (732)431-2000 Plus Code: 6MQQ+56 Freehold, New Jersey

3 Steps To Finding A Quality Medicare Insurance Plan.

Step 1:  Educate yourself on traditional Medicare insurance.

Find out all you can about traditional Medicare insurance.  The quintessential source of information on everything Medicare is https://Medicare.org.

Step 2:  Find out which insurance companies offer Medicare insurance for residents within the Freehold, NJ community.

Research via the internet, visit the New Jersey Department of Insurance, or contact us.  We are happy to help.

Step 3. Review pricing.

Review plan pricing.  Relate the pricing to your current, and estimated future budget.

The Bottom Line

Educating yourself ahead of time on the Medicare insurance options are available in New Jersey, will make it so much easier to find the exact coverage for your needs.

Information is for educational purposes only and should not be construed as an offer of insurance, advice, or recommendation.  The information provided is not intended as tax, financial, investment or legal advice.  Please consult legal or tax professionals for specific information regarding your individual situation.
Not connected or endorsed by the US Govt or the Federal Medicare Program.  Medi-Solutions Insurance Agency, LLC is an independent Life, Accident and Health Insurance Agency, NJ Ref#1642311.  Some plans and features may not be available in all states.

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