We are in the process of signing up for Medicare. Living in NJ once we pick a plan we may be pretty much "stuck" on it for the rest of our lives. With the research I have done it seems that sticking to a larger Medigap insurance carrier is usually the way to go since they have more people in the plan to spread out expenses. I'm also aware that corporations need to make a profit to stay in business.
The major insurance companies in NJ for Medigap are AARP/UHC, BC/BS, Cigna, Aetna, Humana and off in a distance is Mutual of Omaha (MOO). UHC is the largest by far, Cigna is selling (or sold) it's Advantage business, Aetna and Humana are very small in NJ and MOO seems to close plans every so often and reopen a new plan under one of it's subsidiaries in the same location. There are other smaller companies but sticking to having a large pool of people rules them out. Which is why we are considering UHC.
Leaving out the political side of AARP, the question is if anyone here has one of their Medigap plans and how have the rates been over the time you've been on it? I do understand that they start you off with a discount and it erodes away as we get older. We are both considering Plan N ... my sister has it with them and she seems to like it ... a sample of one is not a good endorsement!Image may be NSFW.
Clik here to view.
The major insurance companies in NJ for Medigap are AARP/UHC, BC/BS, Cigna, Aetna, Humana and off in a distance is Mutual of Omaha (MOO). UHC is the largest by far, Cigna is selling (or sold) it's Advantage business, Aetna and Humana are very small in NJ and MOO seems to close plans every so often and reopen a new plan under one of it's subsidiaries in the same location. There are other smaller companies but sticking to having a large pool of people rules them out. Which is why we are considering UHC.
Leaving out the political side of AARP, the question is if anyone here has one of their Medigap plans and how have the rates been over the time you've been on it? I do understand that they start you off with a discount and it erodes away as we get older. We are both considering Plan N ... my sister has it with them and she seems to like it ... a sample of one is not a good endorsement!Image may be NSFW.
Clik here to view.
Statistics: Posted by Vinny_in_NJ — Wed Mar 06, 2024 5:53 am — Replies 1 — Views 25
