Medicare Plan Comparison: Which Plan Is Best For Me?

In New Jersey alone, there are over 1.6 million residents who are enrolled in Medicare. This is such a big number to think about, especially when breaking it down. At least 230,000 people are enrolled in a Medicare Advantage plan, while over 180,000 people have plans with Part D prescription drug coverage. But, how did these New Jersey residents know that a Medicare Advantage plan or Part D plan was best for them?

At Jersey Medicare Solutions, our team can help you answer questions like these about your own coverage so you know you’re getting the best plan for your needs!

Pay Attention To Coverage

Each part of Medicare provides specific coverage for different types of services and because of this, you need to be able to compare your Medicare options to determine which plan provides the coverage you need.

Now, you’ll most likely be enrolled in Original Medicare (Part A and B) first since you’ll have to be enrolled in these parts before you can access some of the other parts of Medicare, such as Medicare Advantage (Part C) or Medicare Supplements (Medigap). Nonetheless, once you’re enrolled, the comparing process can begin.

You can do this comparison process on your own, but you can also work with Jersey Medicare Solutions for more effective results, all at no cost to you. 

Continuing on, deciding on coverage all comes down to your specific healthcare needs. Are you satisfied with your current Original Medicare coverage? Then definitely stick with it, but if you’re looking for prescription drug coverage to go along with Original Medicare, then consider a Medicare Part D plan. 

If you would prefer to have even more additional coverage than what Original Medicare can provide, then a Medicare Advantage plan may be able to provide you with what you need. All Medicare Advantage plans will provide the same coverage as Original Medicare, but most plans will include extra coverage, such as prescription drug coverage, or dental, vision, and hearing coverage.

But, if you’re still happy with the coverage provided by Original Medicare and just would like some extra coverage for your out-of-pocket costs, like deductibles or copayments, then consider a Medicare Supplement plan.

Fortunately, with Jersey Medicare Solutions, we can help you compare all these coverage options and the plans that are in your specific area. All you have to do is give us a call today to set up an appointment and we can get this process started.

Don’t Forget About Costs…

Not only is coverage super important, but understanding the out-of-pocket costs you may have to pay is important in determining which part of Medicare is best for you. Think about your monthly premiums, deductibles, copayments, etc., which each plan, and if that plan includes a yearly maximum limit on what you should pay out-of-pocket.

For example, Original Medicare doesn’t have an out-of-pocket limit, but that’s where a Medicare Supplement plan can help since it covers out-of-pocket costs. A Medicare Advantage plan, on the other hand, does include a yearly limit. Once you reach that specific amount, you won’t have to cover any out-of-pocket costs for the rest of the year.

Give Jersey Medicare Solutions A Call Today

Overall, the answer to which Medicare plan is right for you is based on your own specific wants and needs regarding coverage and costs. At Jersey Medicare Solutions, we completely understand this, which is why we offer our services to you at no cost so we can help you compare your options.

Give us a call today at 1-800-549-6804 to learn more about Medicare and which plan may be best for you.