Compare New Jersey Medicare Plans and Find Insurance Agents

1.7 Million Medicare Beneficiaries in New Jersey, supported by 21 Medicare Carriers and 45 Medicare Advantage Plans

Affordable Medicare Options for 1,671,455 New Jersey residents

Medicare enrollees in New Jersey have the flexibility to choose from a broad selection of Medicare options.

Original Medicare: 62.9% (1,050,800) have Original Medicare (Part A and Part B).

Medicare Advantage: 37.1% (620,655) opt to enroll in the increasingly popular Medicare Advantage plans provided by Medicare-approved private companies and insurance carriers operating in New Jersey.

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How to Find the Best Medicare Plan in New Jersey That Meets Your Healthcare & Prescription Drug Plan Needs

Medicare is not one-size-fits-all. A Medicare enrollee in one city may have entirely different hospital and pharmacy preferences than someone in another. Medicare also supports different types of beneficiaries in New Jersey. For example, 89.5% (1,495,828) of New Jersey Medicare beneficiaries are age 65 and older; whereas 10.5% (175,627) are under the age of 65 and on disability. Just as your personal healthcare needs may change from year to year, Medicare plans in New Jersey are always changing.

Medicare Advantage Plans in New Jersey

In the New Jersey Medicare coverage area, there are 21 different Medicare Advantage carriers, many of which provide multiple plans including a prescription drug component. Depending on your budget, Medicare eligibility, healthcare needs, and your preferred doctors, pharmacies and other coverage preferences, available plan types in New Jersey may include: HMO, PPO, PFFS (Private fee-for-service), and SNP (Special Needs Plans).

Average Cost of Medicare Advantage Plans in New Jersey

Medicare enrollees in New Jersey have the flexibility to choose from a broad selection of Medicare options. Of New Jersey’s Medicare enrollees, 62.9% (1,050,800) have Original Medicare (Part A and Part B). 37.1% (620,655) of New Jersey’s Medicare population are opting to enroll in the increasingly popular Medicare Advantage plans provided by Medicare-approved private companies and insurance carriers.

  • New Jersey’s Average Monthly Premium: $59.85
  • New Jersey’s Average Annual Drug Deductible: $351.35
  • New Jersey’s Average In-Network Out-of-Pocket Spending Limit: $5,813.30
  • New Jersey’s Average Star Rating for Local Available Plans: 3.6 (Out of 5)

*Metrics reported only on MA plans that have a monthly premium, deductibles, and star rating metrics that are available and as reported by the CMS. Monthly Premium is a Consolidated Premium which includes Part C and D. Drug Deductible metric includes both Enhanced and Basic. Enhanced plans charge higher monthly premiums than basic plans but typically offer a wider range of benefits.

Eliminate the Guesswork: Review Medicare Plans Available in New Jersey with a Licensed Insurance Agent

In New Jersey the availability and costs of Medicare plan options vary from one insurance company to another. TrustMedicare.com partners with experienced licensed insurance agents, brokers, and insurance companies to help you to easily compare a range of Medicare Advantage, Medicare Supplement and Prescription Drug Plans that are right for your healthcare needs, budget, and eligibility.

New Jersey Medicare Advantage Leaders

# New Jersey Medicare Advantage (MA) Enrollees (% of MA Market)
  1. CVS Health 223,943 (35.91%)
  2. UnitedHealth Group 188,723 (30.26%)
  3. Clover Health Holdings 71,145 (11.41%)
  4. Anthem 31,411 (5.04%)
  5. Centene Corporation 27,862 (4.47%)
  6. NJ Collaborative Care 26,455 (4.24%)
  7. Horizon Healthcare Services 25,771 (4.13%)
  8. Humana 20,651 (3.31%)
  9. CIGNA 4,947 (0.79%)
  10. Longevity Health Founders 803 (0.13%)

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Medicare Information By County