|Plan Type||Est. Premium*|
|Medigap Plan A:||$115.57||(shop rates)|
|Medigap Plan C:||$197.98||(shop rates)|
|Medigap Plan F:||$161.11||(shop rates)|
|Medigap Plan G:||$151.49||(shop rates)|
|Medigap Plan K:||$81.40||(shop rates)|
|Medigap Plan N:||$89.36||(shop rates)|
*Premiums shown are samples for a 65 year old, non-smoking woman in New Jersey. You must request a quote to get an exact premium for your situation.
This page outlines Horizon Blue Cross Blue Shield of New Jersey Medigap Plans sold in New Jersey. Horizon BCBS is licensed with the New Jersey State Board of Insurance to sell Medicare Supplement insurance. Medicare Supplements help pay the deductibles, copayments and coinsurance that come with Original Medicare. The underwriter has been selling supplemental insurance in New Jersey for over The carrier offers a range of standardized plans (see below). years. Their plan offerings are outlined below. A.M. Best Company, a nationally recognized insurance rating company, gave Horizon BCBS an rating.
All insurance companies that sell Medicare Plans must offer Plan A. This is the most basic policy covering the portions of Medicare Part A and Part B that the government doesn’t pay.
New Jersey seniors with Medicare benefits are eligible to apply for a Horizon Blue Cross Blue Shield of New Jersey Medigap Plan A policy. It's a Attained Age based premium. We recommend comparing this company's Plan A rate with these carriers:
- UnitedHealthcare Medigap Plan A (New Jersey)
- Family Life Medigap Plan A (New Jersey)
- United of Omaha Medigap Plan A (New Jersey)
Plan C covers every penny of what Medicare approves, up to the approved payment amount. In other words, there are only two instances in which Plan C will not cover what is left of your charges after Medicare pays its share. The first instance is when Medicare doesn’t approve the charge at all. The second is when your healthcare provider charges more than the Medicare approved amount. This is because Plan C does not cover Medicare Part B Excess Charges.
If you take care to avoid the Medicare Part B excess charges, this is an attractive policy, and Horizon Blue Cross Blue Shield of New Jersey offers it in New Jersey. The monthly premium is calculated using the Attained Age cost method. Before you make a final decision, be sure to compare. Here are a few companies with good rates:
- Family Life Medigap Plan C (New Jersey)
- UnitedHealthcare Medigap Plan C (New Jersey)
- Gerber Life Medigap Plan C (New Jersey)
Plan F is the most popular of all supplements. It offers comprehensive coverage for everything Original Medicare doesn’t cover as long as the charge is approved.
There are No Co Pays, No Deductibles and No Out of Pocket Costs with Plan F. That means if your Medicare Part A or Part B pay a penny on any doctor or hospital charges, this policy will cover the gap. Period.
The two gaps that are not covered are At Home Recovery and Preventative Care. These expenses are not covered by Medicare at all.
Plan F is by far the most commonly purchased Medicare supplement in New Jersey. Horizon Blue Cross Blue Shield of New Jersey offers a good Medigap Plan F, however, don't forget to compare prices. Make sure you're getting the lowest premium available in New Jersey by comparing quotes from these insurance carriers:
- Family Life Medigap Plan F (New Jersey)
- UnitedHealthcare Medigap Plan F (New Jersey)
- United of Omaha Medigap Plan F (New Jersey)
Plan G has almost as much coverage as a Plan F. The difference is the Part B deductible. After your annual Medicare Part B deductible is met, this plan will cover the coinsurance amount of Medicare-approved medical services, which is generally 20% of the approved amount.
If you stay in the hospital for longer than 60 days, but less than 90 days, Plan G covers your Medicare Part A coinsurance for each benefit period. For each Medicare “hospital reserve day” you use, Plan G pays the full per day Medicare Part A coinsurance amount. “Hospital reserve days” are 60 nonrenewable hospital days that Medicare provides you which can only be used once in a lifetime. After all Medicare hospital benefits are exhausted, Plan G covers 100% of Medicare Part A eligible hospital expenses.
Most experts agree that Plan G is the best alternative to the F Plan. It offers all of the same benefits, except the Part B deductible. Horizon Blue Cross Blue Shield of New Jersey offers a Plan G and we think it's worth comparing with the rates offered by these carriers:
- Family Life Medigap Plan G (New Jersey)
- United of Omaha Medigap Plan G (New Jersey)
- Forethought Life Medigap Plan G (New Jersey)
Plan K covers the cost sharing for Part B preventive services, the Part A hospital co-insurance and features an additional 365 days of hospital coverage. Plan K covers 50% of the Part A and Part B blood deductibles, the Part B co-insurance, the skilled nursing facility co-insurance, cost sharing associated with the hospice benefit, and the Part A hospital deductible.
Once you reach a total out-of-pocket limit of $4,940 (2015 rates), this plan pays 100% of all cost sharing under Medicare Parts A and B for the rest of the calendar year. If you need to manage your cash flow, Plan K is one way to do it.
Healthy seniors who can take some financial risk should take Plan K into consideration. It's a good alternative to Medicare Advantage. Your risk is about $5,000 per year in out-of-pocket costs. Plan K is offered by Horizon Blue Cross Blue Shield of New Jersey in New Jersey. Premiums for a Plan K policy vary a lot so be sure to compare with these carriers:
- UnitedHealthcare Medigap Plan K (New Jersey)
- Sterling Life Medigap Plan K (New Jersey)
- Transamerica Medigap Plan K (New Jersey)
Offering benefits similar to Plan D, Plan N features a $20 co-payment for doctor visits and a $50 co-payment for emergency room visits. These co-pays are applied once the annual deductible is met. Most Plan N premiums are approximately 70% of a Plan F and 77% of Plan D premiums.
Plan N gives you all of the basic coverage benefits, plus it pays your Medicare Part A deductible. You pay the Part B deductible and the Part B excess charges. You are also responsible for a $20 co-pay when you visit the doctor and up to $50 for each emergency room visit. If saving money is your goal, this plan will help. Compare premiums with these carriers before you buy:
- UnitedHealthcare Medigap Plan N (New Jersey)
- Family Life Medigap Plan N (New Jersey)
- Aetna Life Medigap Plan N (New Jersey)
You are eligible to apply for a Horizon BCBS Medicare Supplement if you are:
- A resident of New Jersey,
- Enrolled in Medicare Parts A and B, and
- You are age 65 or over.
Horizon BCBS offers plans in Newark, Jersey City, Camden, Paterson, Elizabeth, Edison, Woodbridge, Lakewood, Toms River, Hamilton, Trenton, Clifton, Cherry Hill, Passaic, Middletown, Union City, Old Bridge, Gloucester City, East Orange, Bayonne, Franklin, North Bergen, Vineland, Union, Piscataway, New Brunswick, Wayne, Irvington, Parsippany and most other areas of the state.
This page is maintained by 9/22/2015.and was last updated on