Unveiling the Best Medicare Advantage Plans in NJ for 2022: A Comprehensive Guide+

Laying the groundwork for secure healthcare is crucial, especially as we age. If you’re one of the 1.7 million people in New Jersey signed up for Medicare (that places New Jersey in the top 20 U.S. states for Medicare beneficiaries!), you’re already on the right track. However, did you know that Medicare Advantage Plans could further amplify your coverage and cost savings? Within the realm of Medicare Advantage Plans in NJ for 2024, there are several providers vying for your attention, each with differing coverage benefits and cost structures.

At Sosa Insurance Group, we understand the overwhelming task of sifting through these complex options, especially when changes from year to year can make the process seem daunting. That’s why we’re here – to help you find answers to key questions like: What precisely is a Medicare Advantage Plan, and how does it differ from other plans? What changes to Medicare can we expect in 2024? And most significantly, which are the best Medicare Advantage Plans in NJ for 2024?

As we guide you through your Medicare journey, our expertise, based on long-standing in-depth experience in the industry, lets us put your needs first. We’re committed to providing a comprehensive guide to help you make an informed decision about the best plan for your needs.

To start, let’s look at a quick snapshot of the New Jersey Medicare landscape for 2024:

  • Average monthly premium for a Medicare Advantage plan: $19.22
  • Total Medicare Advantage Plans available: 96 (up from 92 in 2023)
  • All Medicare-eligible people in New Jersey have access to a $0-premium plan
  • Top-rated plan companies: UnitedHealthcare (5-stars) and Humana (4.5-stars)
  • Providers offering Medicare Advantage Plans: Amerigroup (called Wellpoint in 2024), AmeriHealth, Braven Health, Clover Health, Jefferson Health Plans

Summary of NJ Medicare Advantage plans 2024 - medicare advantage plans nj 2024 infographic comparison-2-items-casual

Stay tuned as we delve deeper into understanding these plans and how to determine the best fit for your needs in 2024.

Understanding Medicare Advantage Plans

Navigating the world of Medicare can be challenging. But understanding the basics of Medicare Advantage Plans can help you make an informed decision about your healthcare coverage. Let’s break down what these plans are, how they work, and the benefits of choosing one.

What is a Medicare Advantage Plan?

Medicare Advantage, also referred to as Medicare Part C, is an alternative to Original Medicare (Parts A and B). These plans are provided by private insurance companies approved by Medicare. They offer the same coverage as Original Medicare and often provide additional benefits like prescription drug coverage, dental and vision care, and even extras like fitness memberships and meal delivery.

In New Jersey, various providers offer Medicare Advantage plans, including Amerigroup, AmeriHealth, Braven Health, Clover Health, and Jefferson Health Plans. Each plan varies in terms of cost, benefits, and network of health care providers.

How Does a Medicare Advantage Plan Work?

A Medicare Advantage plan bundles the services of Original Medicare (Parts A and B) and often includes additional benefits. This means that when you sign up for a Medicare Advantage plan, you still have Medicare, but your benefits are now administered through the private insurer rather than directly through the federal program.

Medicare Advantage plans can limit your out-of-pocket costs each year and can also provide additional benefits that Original Medicare doesn’t cover. However, they also have specific rules and restrictions. For instance, you may need to use healthcare providers within the plan’s network or require a referral to see a specialist.

It’s also important to know that the costs and benefits of Medicare Advantage plans can change from year to year. For example, the average monthly premium for a Medicare Advantage plan in New Jersey is projected to be $19.22 in 2024, up from $15.64 in 2023.

The Benefits of Choosing a Medicare Advantage Plan

There are several reasons why you might choose a Medicare Advantage plan over Original Medicare. For one, Medicare Advantage plans often offer more comprehensive coverage, including prescription drug coverage and other benefits not covered by Original Medicare, such as dental and vision care.

Additionally, Medicare Advantage plans can be more cost-effective than Original Medicare, especially if you require frequent medical services or prescriptions. It’s also worth considering the extra benefits offered by some plans, like fitness memberships offered by Clover Health’s Medicare Advantage plan.

Remember, choosing a healthcare plan is a personal decision that should be based on your specific health needs and budget. At the Sosa Insurance Group, we are here to help guide you through the process and help you find a plan that best suits your individual needs.

In the next section, we’ll explore the changes coming to Medicare in 2024 and how they may impact your healthcare coverage decision. Stay tuned!

Changes to Medicare in 2024

New year, new changes. That’s the reality of the ever-evolving healthcare landscape. As we step into 2024, it’s important to know what changes are coming to Medicare. Being informed will allow you to make the most of your Medicare Advantage plan and help you plan your healthcare budget effectively.

New Medicare Benefits & Changes Starting Jan 1, 2024

The first thing to know about Medicare in 2024 is that it’s slated for some beneficial changes. From prescription drug savings to expanded mental health coverage, the focus seems to be on improving access to essential healthcare services.

Prescription drug costs can be a significant burden for many, so the introduction of prescription drug savings will be a welcome change. Chronic pain management and treatment services are also being expanded, which will be a boon for those dealing with chronic pain conditions.

An exciting change is the inclusion of lymphedema compression treatment items, a therapy often needed for certain medical conditions. Additionally, Medicare is expanding mental health care for outpatient services, acknowledging the increasing need for mental health support.

Telehealth coverage, which became a lifeline for many during the pandemic, is also seeing changes, with more services likely to be covered. Lastly, if you’re enrolled in a Medicare Advantage plan, you’ll be notified of any changes to your provider network. This is all part of Medicare’s ongoing commitment to improving patient care and access.

The Part B Premium for 2024

The Centers for Medicare & Medicaid Services (CMS) have announced that the standard monthly Part B premium will increase to $174.70 in 2024, up from $164.90 in 2023. This increase of $9.80 may seem small, but it can add up over the course of a year.

The annual deductible for all Medicare Part B enrollees will also increase to $240 in 2024, up from the 2023 deductible of $226. These increases are part of the regular adjustments Medicare makes to keep up with healthcare costs.

Catastrophic Coverage for Medicare in 2024

Medicare is also making changes to its catastrophic coverage. Starting from January 1, 2024, once your out-of-pocket spending reaches $8,000, you’ll automatically get “catastrophic coverage.” This includes payments made by other people or entities on your behalf, including Medicare’s Extra Help program.

This change is designed to provide financial protection for those with high healthcare costs. It can be particularly beneficial for those with serious health conditions that require expensive treatments or medications.

Understanding these changes can help you plan for your healthcare needs in 2024. Whether you’re already enrolled in a Medicare Advantage plan or considering one, being informed about these changes can help you make the best decisions for your healthcare coverage.

In the next section, we’ll delve into the top Medicare Advantage plans in NJ for 2024, so you can start considering which plan might be the best fit for you. Stay tuned!

Top Medicare Advantage Plans in NJ for 2024

As you start your journey to find the best Medicare Advantage plan for your needs in 2024, it’s essential to know that not all plans are created equal. The quality and variety of services, costs, and network of providers can vary significantly from one plan to another. That’s why we’ve compiled a list of some top Medicare Advantage plans available in New Jersey for 2024.

AARP Medicare Advantage

The AARP Medicare Advantage plan is a popular choice for many seniors, and it’s not hard to see why. This plan brings together the benefits of Medicare Parts A and B, often includes Part D prescription drug coverage, and may offer additional benefits not covered by Original Medicare. In 2024, AARP offers a variety of plan options, so you can choose the one that best fits your healthcare needs and budget.

Aetna Medicare

Another great option is the Aetna Medicare Advantage plan. Aetna has a strong reputation for its comprehensive coverage and wide network of healthcare providers. With a variety of plan types available, including HMO, PPO, and HMO-POS plans, Aetna offers flexibility in managing your healthcare.

UnitedHealthcare Medicare Advantage

UnitedHealthcare offers some of the highest-rated Medicare Advantage plans in New Jersey for 2024. Notably, Erickson Advantage, a part of UnitedHealthcare, has multiple 5-star rated plans available in New Jersey for 2024. This means members of these plans can expect excellent service, support, and care.

Cigna Medicare Advantage

Cigna is another strong contender in the Medicare Advantage market in New Jersey. Cigna’s Medicare Advantage plans offer a mix of health and drug coverage, preventive care services, and even some extras like vision and dental coverage. Plus, many of their plans offer $0 monthly premiums, making them an affordable option for many seniors.

Humana Medicare Advantage

Humana is known for its extensive range of Medicare Advantage plans, designed to accommodate a variety of healthcare needs and budgets. In 2024, Humana offers numerous plans with ratings of 4.5 stars, indicating a high level of member satisfaction.

Remember, the best Medicare Advantage plan for you depends on your specific healthcare needs, budget, and lifestyle. At Sosa Insurance Group, we’re here to help you navigate these options and find the plan that best meets your unique needs. In the next section, we will guide you on how to choose the best Medicare Advantage Plan in NJ for 2024.

How to Choose the Best Medicare Advantage Plan in NJ for 2024

Choosing the best Medicare Advantage Plan in New Jersey for 2024 might seem like a daunting task with so many options available. However, it doesn’t have to be. We at the Sosa Insurance Group are here to help you make an informed decision. Here are some steps to guide you through the process.

Assessing Your Health Needs

The first step in choosing a Medicare Advantage plan is to assess your health needs. This includes considering your current health status, any chronic conditions you may have, and your prescription medication needs. Make sure to choose a plan that covers your regular doctor visits, necessary tests, and medications.

For instance, if you have a chronic condition that requires regular medication, make sure your medications are covered under the plan’s formulary. Some plans might also offer coverage for services like wellness programs and worldwide emergency coverage that could be beneficial depending on your health status.

Considering Your Budget

Your budget plays a crucial role in determining which Medicare Advantage plan is right for you. Each plan has different costs associated with it, including premiums, deductibles, copays, and coinsurance.

Understanding these costs is vital. For example, while some plans may offer a $0 premium, they might have higher out-of-pocket costs when you need care. On the other hand, plans with a monthly premium might offer lower copays or deductibles. Weigh these costs against your budget and decide what you can afford.

Checking the Plan’s Network

Before choosing a plan, ensure that your preferred healthcare providers are in-network. Out-of-network care can be costly, and some plans might not cover it at all. If you have a preferred doctor or specialist, verify that they are included in the plan’s network.

Evaluating Additional Benefits

Medicare Advantage plans often offer additional benefits not covered by Original Medicare. These can include routine vision, dental, and hearing care, fitness memberships, transportation to medical appointments, and even meal delivery in some cases.

Consider what extra benefits are important to you. For example, if you wear glasses or hearing aids, a plan that offers vision and hearing coverage might be beneficial.

At the end of the day, the best Medicare Advantage plan for you is one that fits your health needs, budget, and lifestyle. Our team at Sosa Insurance Group is committed to helping you navigate through the complexities of Medicare and find the plan that suits you best. Our goal is to ensure you have the coverage you need to maintain your health and well-being in 2024 and beyond.

The Role of Medicare Insurance Brokers in Choosing the Best Plan

Considering the multitude of Medicare Advantage Plans available in New Jersey, it can be overwhelming to find the one that fits your unique needs and circumstances. That’s where Medicare insurance brokers come into play.

How Brokers Can Help You Navigate Medicare Options

Medicare insurance brokers, like us at the Sosa Insurance Group, are professionals who specialize in helping individuals understand their Medicare options. We make it our mission to simplify the complex world of Medicare for our clients. Our role involves educating you on the different Medicare plans, comparing them based on your financial and medical needs, and guiding you toward the best choice.

A good broker will take the time to explain how the plans work, the coverage they provide, and the costs associated with them. They can help you understand the plan’s premium, deductibles, copays, and coinsurance, ensuring that you can afford them. Furthermore, they can also check if your preferred medical providers participate in the plan’s network and if your medications are covered.

In essence, a broker’s role extends beyond sales. They act as your advocate, putting your interests first, and making sure you’re not just choosing a plan, but the right plan for you.

The Sosa Insurance Group: Your Trusted Medicare Plan Insurance Agency in NJ

At the Sosa Insurance Group, we pride ourselves on our commitment to helping Medicare-eligible consumers navigate their Medicare journey. We are dedicated to providing top-notch service, ensuring that you fully understand the basics of Medicare and choose an option that best fits your needs. Our strong track record and positive customer reviews testify to our dedication and expertise.

Whether you are considering a Medicare Advantage Plan, a Medicare Supplement, also known as Medigap, or a Stand-Alone Part D Prescription plan, our team of experts is ready to guide you. We are fully licensed with all major carriers in New Jersey and are knowledgeable about the changes to Medicare in 2024.

Choosing a Medicare plan is an important decision that can significantly impact your health and financial well-being. Trust us to be your partner in this journey, providing the information and guidance you need to make an informed decision. Contact us today to get started on your Medicare journey. You deserve a Medicare Advantage plan that works for you, and we’re here to help you find it.


Choosing a Medicare Advantage plan can seem like a daunting task, given the vast number of options and the complexity of the healthcare system. However, armed with the right information and guidance, you can navigate the sea of choices and find a plan that meets your unique healthcare needs and fits your budget. Your health is your wealth, and investing in the right Medicare Advantage plan is a crucial step towards maintaining and protecting it.

The year 2024 brings with it changes and new benefits to Medicare in New Jersey, making it even more important to stay informed and up-to-date. Whether it’s the highly rated plans from UnitedHealthcare and Humana, or the comprehensive offerings from companies like AARP, Aetna, Cigna, and others, there’s a plan out there for every Medicare-eligible individual in West Orange, NJ.

Remember, choosing the best Medicare Advantage plan isn’t just about comparing premiums and out-of-pocket costs. It also involves assessing your health needs, considering your budget, checking the plan’s network, and evaluating additional benefits. It’s about finding a plan that gives you peace of mind, knowing that your health needs will be met.

And you don’t have to do it alone. At Sosa Insurance Group, we’re committed to helping you navigate the complex world of Medicare Advantage plans. Our team of experts brings a wealth of knowledge and experience, ready to guide you through the process and help you make an informed decision. We believe in placing our clients’ needs at the center of everything we do.

So as 2024 approaches and you consider your Medicare options, remember this: you have the power to choose the best healthcare coverage for your needs. And with the right information and guidance, you can make that choice with confidence.

As we conclude our comprehensive guide to the best Medicare Advantage plans in NJ for 2024, we encourage you to revisit our Ultimate Guide to Finding the Perfect Medicare Advantage Plans in New Jersey. It’s full of valuable insights and tips that can further assist you in your search for the ideal plan. Remember, your health is worth every bit of time and effort you invest in choosing the right plan.

Thank you for trusting us at Sosa Insurance Group with your Medicare Advantage journey. We are dedicated to serving you and providing the resources you need to make the best decision for your health. Here’s to a healthy and worry-free 2024!