New Jersey Medicare Insurance & Supplement FAQ
Q: What is a Medicare Supplement plan?
A: A New Jersey Medicare Supplement insurance plan helps cover the "gaps" in coverage that are left unpaid after Original Medicare pays its portion of your health care expenses.
Q: Can you help me compare Original Medicare to the Medicare Advantage plans?
A: Yes. Visit our New JerseyMedicare Advantage Plans section.
Q: What should I consider when purchasing a New Jersey Medicare Supplement Insurance Policy?
A: Be sure that you understand how it works with your original medicare plan and how can it minimize your out of pocket expenses. For more information call us at 1-856 904-5644.
Q: Why should someone buy Medicare Supplement Insurance?
A: There are out-of-pocket costs that are not covered by Medicare parts A and B, and a Medicare Supplement Insurance policy may fill these gaps.
Q: Does it cost me anything to work with New Jersey Medigap?
A: No. The insurance carrier you select, will compensate New Jersey Medigap for servicing you. You are NOT charged, nor is there any increase in premium for working with an agent.
Q: Will a Medicare Supplement cost less if I purchase it with an insurance company directly instead of New Jersey Medigap?
A: No. New Jersey Medicare supplement rates are regulated by the federal government. Because of this your rates will be same for the same plan whether your purchase it through us or the insurance carrier. At New Jersey Medigap we take pride in being knowelegable in the A-Z of medicare so give us a call at 1-856 904-5644 and will help you sort through your options.
Q: Do I need more than one Medicare Supplement policy?
A: No. It is illegal for insurance companies to sell you more than one medicare supplement policy.
Q: What can I do if I'm declined for a Medicare Supplement Plan?
A: No two insurance companies have the same underwriting standards. So, if you are declined we can simply review you application and submit it to different insurance company. At New Jersey Medigap we pay attention to detail and try to do it right the first time to avoid this type of situation.
Q: Can my Medicare supplement insurance be terminated for any reason?
A: No.The Federal Government provides protection against this happening. However, an insurance company can terminate your coverage if you fail to pay your premiums, if there are any omissions or misrepresentations on your application, or the insurance company becomes insolvent.
Q: How long must I keep my Medicare Supplement plan before canceling?
A: Medicare supplement insurance companies are a month-to-month contract. So you cancel at anytime.
Q: Where can I get more information about New Jersey Medicare Advantage plans and my Social Security benefits?
A: For more Medicare information you can call us at 1-856 904-5644 or visit the sites below.
Centers for Medicare and Medicaid Services
7500 Security Blvd.
Baltimore, MD 21244-1850
1-800-633-4227
TTY 1-877-486-2048
24 hours a day; seven days a week
www.medicare.gov
Social Security Administration
Office of Public Inquires
Windsor Park Blvd.
6401 Security Blvd.
Baltimore, MD 21235
1-800-325-0778
TTY 1-800-325-0778
7 a.m. - 7 p.m.
www.ssa.gov
