There are 22 2019 Medicare Part D Plans available in New Jersey. Plans change every year, so do your home work and choose wisely. If you have a regular prescription or two, we suggest that you verify that the prescription drug plan you want offers your medication at a good price. You find this information in the formulary.
2018 Medicare Part D Donut Hole in New Jersey
As you are likely aware, the Medicare Part D coverage gap, also known as the donut hole, is still with us for a few more years. The new healthcare law is gradually phasing out the coverage gap. Until the donut hole is gone for good, you need to budget for your medications accordingly.
Medicare Part D Plans and New Jersey Medigap Policies Work Together
While you’re looking at Medicare Prescription Drug plans, it’s a good idea to shop for supplemental Medicare insurance that will cover some or all of the excess costs not paid by Original Medicare. Even with the new healthcare law reforms, Medicare only covers about 80 percent of the hospital and doctor bills incurred by most seniors in New Jersey, leaving you to handle the rest. A Medigap policy protects you from big bills, giving you peace-of-mind. We make it easy to find the lowest cost policy available in New Jersey with our complete catalog of Medigap policies for seniors living in New Jersey.
Most New Jersey Medicare Advantage Plans Include Part D Plan Benefits
The rising cost of healthcare is the number one reason more seniors than ever are switching to Medicare Advantage. With lower out-of-pocket costs, an annual out-of-pocket cap, and precription drug benefits (on most plans), it makes a lot of sense. More than 15-million people on Medicare made the switch in 2015. Have your compared the benefts? We have a complete catalog with all New Jersey Medicare Advantage plans that makes plans easy to compare.
Eligability and Availability
You are eligible to apply for a Medicare Part D Plan in New Jersey if you are:
- A resident,
- Enrolled in Medicare Parts A and B, and
- You are age 65 or over (or have Medicare due to a disability).
Medigap Part D Plans are available in the following counties: Middlesex, Hudson, Essex, Morris, Bergen, Passaic, Union, Somerset, Sussex, Monmouth, Warren, Hunterdon, Salem, Camden, Ocean, Burlington, Gloucester, Atlantic, Cape May, Cumberland, Mercer, and all other areas of the state.