Let’s Walk Through It
Each day over the next ten years, approximately 10,000 eligible people will enroll in Medicare. Currently, about 16% of eligible senior citizens 65 and older will enroll in a Medicare Advantage Plan.* There are many different choices to continue your care well into your retirement and receive the added benefit of protection from federal and state regulations that oversee healthcare coverage for the elderly.
About Medicare in NJ
As you might be aware, Medicare is a federal government program that offers medical coverage to those who are 65 and over or those with specific disabilities. Seniors citizens are eligible for the following coverage:
Part A – Stays in a hospital
Part B – Medically related services
Part C – Also known as “Medicare Advantage”
This is private insurance that takes over for Medicare. It combines the functions of A and B with prescription drug coverage into one plan. If a person elects Medicare Advantage, they are opting to use this instead of original Medicare. This is not the same as a Medicare supplement plan. Advantage plans take over for Medicare. They come in the form of HMO’s, PPO’s and Private Fee for Service.
Navigating the New Jersey Medicare health insurance plans that are available to you can be a difficult task. Allow us to help you plan your retirement, and ensure that you have all of the information that you need. We have licensed insurance agents that specialize in enrollment for senior citizens in NJ that are ready to assist you.
You’ll want to know about additional ways to maximize your financial planning well into retirement.
Your Recommended Agent is Greg from BGA Insurance Group
Greg Gudis – Licensed agent ready to assist you during the enrollment period in 2016. Please fill out the form below to send your information to Greg so that he can contact you with the best advice and plan information for your current situation. He can also provide expert advice on retirement planning, life insurance, and long-term care.
This is a solicitation of insurance. By providing this information, you agree that an authorized representative or licensed insurance agent/producer may contact you by phone, e-mail, or mail to answer your questions or provide additional information about Medicare Advantage, Part D or Medicare Supplement Insurance plans.
*SOURCE: MPR/Kaiser Family Foundation analysis of CMS State/County Market Penetration Files, 2013.