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

Choosing the right health coverage can often feel like navigating through an endless labyrinth, especially when it comes to Medicare. There is a sea of information to process with constantly changing laws, policies, and premiums. This can leave you feeling overwhelmed, especially if you’re seeking the best of the best – the top Medicare Advantage plans in NJ for 2024.

Here at Sosa Insurance Group, we understand the dilemma and have made it our mission to help guide you through this intricate maze. We’re experts in the multi-faceted world of Medicare and use our expertise to help anyone feeling daunted by the enormity of their healthcare decisions.

In New Jersey, more than 1.7 million people have signed up for Medicare so you’re not alone in this quest. It’s essential to understand that Medicare Advantage plans are simply a bundled alternative to Original Medicare, often containing additional benefits such as vision and dental coverage. However, in the world of healthcare, knowledge truly is power – which we want to supply you with.

Let’s start the unveiling process. Here’s a quick overview of some key insights into Medicare Advantage plans in NJ for 2024 that we’ll break down further in this guide:

  • The average monthly premium for a Medicare Advantage plan will be around $19.22.
  • An increase from the 92 options in 2023 to now 96 Medicare Advantage plans available in 2024.
  • Every eligible individual in New Jersey can access a $0-premium Medicare Advantage plan.
  • Top-rated companies offering Medicare Advantage Plans includes names like UnitedHealthcare and Humana.

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This is only the tip of the iceberg when it comes to what’s in store in this comprehensive guide. So stick around as we deep-dive into this topic, unraveling the complexities of Medicare Advantage plans in New Jersey in 2024. From understanding Medical Advantage plans, analyzing the changes to Medicare in 2024, to picking out the top plans and guiding you on how to make the most suitable choice – we have got it all covered.

Understanding Medicare Advantage Plans

Embarking on your Medicare journey can feel like navigating a labyrinth, especially with the array of choices available. We, at the Sosa Insurance Group, are here to help you break down these complexities. Let’s start by understanding what Medicare Advantage Plans are.

What is a Medicare Advantage Plan?

Medicare Advantage, also known as Medicare Part C, is a bundled alternative to Original Medicare provided by private insurance companies. These plans offer the same benefits as Medicare Part A and Part B, which cover hospital and medical services, respectively. In addition, Medicare Advantage often includes extra features like prescription drug coverage, dental, vision, and hearing care, which are not typically included in Original Medicare.

To enroll in a Medicare Advantage plan, you must first be enrolled in both Medicare Part A and Part B. Remember, the specifics of each plan, like the cost and the benefits, vary from one insurance company to another.

How Does a Medicare Advantage Plan Work?

Medicare Advantage plans work similarly to private insurance. Once you enroll, you receive your healthcare services through the plan’s network of doctors and hospitals. These plans often operate as HMO (Health Maintenance Organization) or PPO (Preferred Provider Organization) plans, meaning you may need to choose a primary care physician and get referrals for specialist care.

One important aspect to remember is that while these plans provide more comprehensive coverage, they may restrict you to a specific network of providers. So, it’s crucial to check whether your preferred doctors and hospitals are in-network before choosing a plan.

The Benefits of Choosing a Medicare Advantage Plan

Medicare Advantage plans extend beyond the coverage of Original Medicare, often offering additional benefits. These extras may include coverage for prescription drugs, dental care, vision exams, and even fitness programs. Some plans may also offer benefits like transportation to medical appointments and meal delivery services.

In addition, Medicare Advantage plans come with a maximum out-of-pocket limit, which Original Medicare does not offer. This cap can protect you from high costs in case of a serious illness or accident.

In 2024, all Medicare-eligible individuals in New Jersey will have access to a $0-premium Medicare Advantage plan. This makes them a cost-effective alternative for many Medicare beneficiaries.

Remember, choosing a Medicare Advantage plan is a personal decision based on your healthcare needs. As you explore your options, consider the costs, benefits, and the plan’s network of providers. Our in-depth guides, including the Ultimate Guide to Finding the Perfect Medicare Advantage Plans in New Jersey and Unveiling the Top 7 Medicare Advantage Plans in NJ 2022, can provide more insights to help you make an informed decision.

Changes to Medicare in 2024

As the year 2024 approaches, there are several significant changes on the horizon for Medicare that you should be aware of. These changes involve the Part B monthly premium, the Part B annual deductible, and the introduction of catastrophic coverage. Let’s delve into these changes to help you better plan your healthcare coverage for 2024.

Increase in Part B Monthly Premium

Starting January 1, 2024, if you are enrolled in Original Medicare (Part A and Part B) or a Medicare Advantage plan, you will be required to pay a standard Part B monthly premium of $174.70. This is an increase of $9.80 or 5.9% from 2023.

By staying informed about these changes, you can properly budget for your healthcare expenses and ensure that you are not caught off guard. At the Sosa Insurance Group, we aim to keep our clients up to date with the latest changes in Medicare to help them make informed decisions about their healthcare coverage.

Rise in Part B Annual Deductible

In addition to the increase in the Part B monthly premium, the Part B annual deductible is also set to rise by $14 (or 6.2%) to $240. This means that you would need to cover this amount out of pocket before your Medicare coverage begins to pay for your healthcare services.

When planning your healthcare budget for 2024, don’t forget to take this increase into account. Our team at the Sosa Insurance Group is always ready to help you navigate these changes and understand how they might impact your healthcare costs.

Introduction of Catastrophic Coverage

One of the most significant changes coming to Medicare in 2024 is the introduction of catastrophic coverage. Starting January 1, 2024, once your out-of-pocket spending reaches $8,000 (including certain payments made by other people or entities, including Medicare’s Extra Help program, on your behalf), you’ll automatically get “catastrophic coverage.” This means you won’t have to pay a copayment or coinsurance for covered Part D drugs for the rest of the year.

This new coverage option can provide significant relief for those with high prescription drug costs, allowing you to better manage your healthcare expenses.

At the Sosa Insurance Group, we understand that the world of Medicare can be complex. That’s why we’re here to guide you every step of the way, helping you understand changes like these and how they affect your coverage. We invite you to explore our resources, like our Ultimate Guide to Finding the Perfect Medicare Advantage Plans in New Jersey, to learn more about your healthcare options.

Top Medicare Advantage Plans in NJ for 2024

As you continue your search for the perfect healthcare plan, it’s essential to understand which Medicare Advantage plans come out on top. We at the Sosa Insurance Group have analyzed the top-ranking plans for 2024 to simplify your decision-making process.


UnitedHealthcare features prominently in the list of top Medicare Advantage Plans in NJ for 2024. Known for its comprehensive coverage and nationwide network of healthcare providers, UnitedHealthcare consistently receives high ratings from the Centers for Medicare & Medicaid Services (CMS). The exact benefits and costs may vary, so it’s crucial to review the specifics of each UnitedHealthcare plan available in your region.

Aetna Medicare

Aetna Medicare is another respected provider with a variety of Medicare Advantage plans on offer. With a reputation for excellent customer service and extensive coverage options, Aetna is a popular choice among New Jersey residents. Be sure to check out the specific plans Aetna offers in your area, as benefits and costs can vary.

Erickson Advantage Freedom (HMO-POS)

Erickson Advantage Freedom (HMO-POS) is a top-rated plan for 2024, boasting a full 5-star rating from CMS. With an affordable premium and a reasonable out-of-pocket limit, this plan offers value for money while ensuring comprehensive coverage. It’s worth noting that Erickson Advantage also has other 5-star plans, including the Erickson Advantage Liberty with Drugs (HMO-POS) and Erickson Advantage Signature with Drugs (HMO-POS) plans, providing further options for coverage.

AARP Medicare Advantage

Offered by UnitedHealthcare, the AARP Medicare Advantage plans combine the reliability of UnitedHealthcare with the advocacy and member benefits of AARP. These plans often offer additional benefits like fitness memberships and wellness programs, making them a popular choice for those looking for well-rounded coverage.

Other Noteworthy Plans

Several other providers also offer Medicare Advantage plans in New Jersey. These include Amerigroup, Cigna, Clover Health, and Humana, among others. For instance, Humana’s range of plans, including Humana Gold Plus and HumanaChoice, have received high ratings for their comprehensive coverage and affordability.

As you navigate the world of Medicare Advantage plans, remember that the best plan for you depends on your specific needs and circumstances. To ensure you’re making an informed decision, consider seeking help from a trusted Medicare broker like us at the Sosa Insurance Group. We can help you understand each plan’s pros and cons, guiding you towards a plan that best fits your healthcare needs and budget. For more information, check out our Ultimate Guide to Finding the Perfect Medicare Advantage Plans in New Jersey.

How to Choose the Best Medicare Advantage Plan

While it’s crucial to understand the changes in Medicare for 2024 and the top-rated plans, it’s equally important to know how to choose the best Medicare Advantage Plan. This involves several factors such as assessing your health needs, evaluating plan costs, checking plan ratings and reviews, and considering any additional benefits.

Assessing Your Health Needs

The first step in choosing the right Medicare Advantage plan is to assess your health needs. Consider the type of care you require, the frequency of your doctor visits, and the kind of medications you’re prescribed. For individuals with a preferred doctor or medical provider, it’s important to ensure they participate in the plan’s network. Also, if you’re on medication, understanding how the plan covers it is crucial. Check what tier your prescription drugs are on, and if there are any coverage rules that apply to them.

Evaluating Plan Costs

The cost of the plan is another crucial factor. Understand the plan’s premium, deductibles, copays, and/or coinsurance, and make sure you can afford them. While some plans may offer lower premiums, they might have higher out-of-pocket costs. Therefore, you need to consider all these factors before making a decision.

Checking Plan Ratings and Reviews

Plan ratings and reviews can give you a glimpse into the experiences of others who have used the plan. For this, you can check resources like Yelp for reviews on specific plans or brokers like New Jersey Medicare Brokers. Keep in mind that while reviews can provide valuable insight, everyone’s experience is unique, and what works for one person might not work for another.

Considering Additional Benefits

Lastly, consider the additional benefits that the plan offers. Some Medicare Advantage plans offer extra benefits such as dental coverage, fitness memberships, transportation benefits, meal deliveries, or even telehealth services like Clover Health. These added benefits can significantly enhance the value of your plan and contribute to your overall well-being.

Choosing a plan can be a complex process, but you don’t have to do it alone. At the Sosa Insurance Group, we specialize in helping you navigate through your Medicare journey. We assist you in understanding the basics of Medicare and choosing an option that best fits your needs. For more information about our services and how we can help, reach out to us today.

The Role of Medicare Brokers in Choosing a Plan

Choosing a Medicare Advantage Plan can seem daunting, especially with the variety of options available in New Jersey for 2024. This is where the role of a Medicare broker becomes invaluable.

How Medicare Brokers Can Help

Medicare brokers are experts in the field of health insurance, specifically in understanding and explaining the intricacies of Medicare. They help clients understand their Medicare options and compare the plans based on their financial and medical needs. A good broker can guide you through the maze of uncertainty in the world of Medicare, helping you find the best plan for your needs.

For instance, they can explain the differences between various plans, their costs, and the coverage provided. They can also assist you in understanding how the plan covers your medications, if your preferred medical provider participates in the plan’s network, and if the plan offers any extra benefits like fitness memberships, transportation benefits, or meal delivery.

Additionally, a Medicare broker can provide guidance on when to apply for Medicare, how to avoid late enrollment penalties, and how to fill in the gaps left by Medicare. They can also help you understand the changes in Medicare for 2024 and what it means for you.

The Sosa Insurance Group: Your Trusted Medicare Broker in NJ

Finding a Medicare broker you can trust is paramount. At Sosa Insurance Group, we are committed to helping our clients navigate through their Medicare journey. As an independent agency, we work with a wide variety of top carriers, enabling us to provide you with the best coverage options that suit your specific situation.

Our team members are dedicated to providing the best service possible. As evident from the reviews, our team, including Colleen and Andrew, have been praised for their knowledge, thoroughness, and exceptional follow-up skills. They work tirelessly to ensure that you understand your options and find the plan that best meets your needs.

We also provide resources on our blog to help you learn more about Medicare and choose the best plan. You can also check out our guide on understanding your Medicare coverage options, among other resources.

Moreover, if you’re looking for more information on related topics, explore our topic cluster about Medicare Advantage plans in NJ 2022. You can find topics ranging from Finding the Perfect Medicare Advantage Plans in New Jersey to Unlocking the Best Medicare Part D Plans in 2023: New Jersey’s Ultimate Guide.

Overall, at the Sosa Insurance Group, our priority is to help you find the best Medicare Advantage Plan in NJ for 2024. You can trust us to put your interests first, providing you with personalized service to make a well-informed decision. Contact us today to start your journey to better Medicare coverage.


Unraveling the complexities of Medicare Advantage Plans, especially with the changes anticipated in 2024, can be a daunting task. But it doesn’t have to be. In this comprehensive guide, we’ve walked you through an overview of the top Medicare Advantage Plans in NJ for 2024, and showed you how to choose the one that best fits your needs.

Our main goal at Sosa Insurance Group is to ensure that you, our Medicare-eligible individual in West Orange, NJ, understand your options and are able to make a confident and informed decision. Remember, healthcare is not a one-size-fits-all solution. It’s important to assess your individual health needs, evaluate plan costs, check plan ratings and reviews, and consider additional benefits when choosing a plan.

As your trusted Medicare broker in NJ, we’re here to help you navigate these waters. We’re committed to providing personalized service, guiding you through every step of the process. Our dedicated team can help you understand the intricacies of Medicare plans, and match you with the one that best aligns with your healthcare needs and budget.

In 2024, you have the power to choose a Medicare Advantage Plan that offers more benefits than Original Medicare, and potentially save money on healthcare costs. Whether you’re interested in a 5-star plan like UnitedHealthcare, or a 4.5-star plan like Humana, we’re here to help you explore your options.

Don’t let the changes to Medicare in 2024 overwhelm you. Reach out to us today at Sosa Insurance Group to ensure you’re well prepared for the coming year and beyond. Your health is our priority, and we’re committed to helping you secure the coverage you deserve.

Remember, the right Medicare Advantage Plan can significantly impact your health and wellness. It’s time to take control of your healthcare. Let’s embark on this journey together, making 2024 a year of excellent healthcare coverage for you.