Which Supplemental Medicare Plans Does Colonial Penn Sell in New Jersey?
Colonial Penn Life Insurance Company sells 0 Medicare supplements in New Jersey. Each lettered plan pays Medicare benefits differently (see comparison chart or check out our review). Here they are at a glance:
The following table shows the coverage benefits you get with of each Medicare supplemental plan offered by Colonial Penn:
REVIEW: Colonial Penn Medicare Supplements in New Jersey
Colonial Penn scored 3.0 out of 5.0 based on our scoring method. Although their Plan F is not in the top 10 best rates, Colonial Penn has been servicing Medicare Supplements are additional insurance policies that Medicare beneficiaries can purchase to cover the gaps in their Original Medicare (Medicare Part A and Medicare Part B) health insurance coverage.... for over 10 years and has a good financial rating from A.M. Best. This is a good carrier, but there are other good Medigap carriers with lower rates in New Jersey. See the top 10 competition.
Here are the pros and cons from our analysis:
- Excellent financial strength.
- More than 20 years in the Medicare Supplements business.
- No charge for writing the policy.
- Uncompetitive Plan F premium.
- Does not offer Medicare SELECT is a type of Medigap policy (Medicare supplement plan) that requires its members to get their primary care from a contracted provider.... plans.
- Does not offer the 5 most popular plans.
About This Review
We reviewed Colonial Penn's Medicare supplement plan offering in New Jersey versus all other insurance carriers in the state. Our review is unbiased. We use a formula that looks at years in business, A.M. Best financial strength rating, plans serviced, plan A premium is an amount that an insurance policyholder must pay for coverage. Premiums are typically paid on a monthly basis. In the federal Medicare program, there are four different types of premiums. ... and fees. We do not take into account rate increase history. Our goal is to present information accurately and without bias, based on our interpretation of factual information about each carrier.
Competition vs. Colonial Penn Plan F
Medicare Supplement Plan F is the most comprehensive Medicare supplement plan available. This plan covers all Original Medicare deductibles, coinsurance, and copayments, leaving you with no out-of-pocket costs on all Medicare-approved services.... is the best selling plan sold in New Jersey. Below you can compare Colonial Penn's starting rate on Plan F vs. their top ten competitors.
Contact Colonial Penn Medigap Sales
For more information about this Medicare Supplement carrier, and other plans on this site, call 1-855-728-0510 (TTY 711). You may also start your Medicare Supplement enrollment online. You can contact the plan directly at:
For assistance 24 hours a day, call 800-633-4227. TTY users should call 877-486-2048 or visit www.medicare.gov. If you qualify for Medicare but have not yet enrolled or verified your enrollment status, you can do so on the Social Security Administration website.
Colonial Penn Medicare Supplements are available to all New Jersey beneficiaries, ages 65 and older, who are enrolled in Medicare Part B is medical coverage for people with Original Medicare benefits. It covers doctor visits, preventative care, tests, durable medical equipment, and supplies. Medicare Part B pays 80 percent of most medically necessary healthcare.... If you are just turning age 65, you have Guaranteed-issue is a right granted to Medicare beneficiaries and applies to Medicare Supplement insurance (aka, Medigap plans). All states and the federal government enforce this essential right, which protects Medicare beneficiaries from medical underwriting.... and cannot be turned down by Colonial Penn. Plus, your policy cannot be canceled and it will continue to be renewed as long as you pay the premiums on time and make no material misrepresentations.
Colonial Penn services Medicare supplement insurance in Newark, Jersey City, Camden, Paterson, Elizabeth, Edison, Woodbridge, Lakewood, Toms River, Hamilton, Trenton, Clifton, Cherry Hill, Passaic, Middletown, Union City, Old Bridge, Gloucester City, East Orange, Bayonne, Franklin, North Bergen, Vineland, Union, Piscataway, New Brunswick, Wayne, Irvington, Parsippany, and most other New Jersey cities.
Related Medicare Supplement Insurance Topics
- Do I really Need Supplemental Insurance with Medicare??
- Is Medicare Plan G Better Than Plan F?
- What is the Average Cost of Supplemental Insurance for Seniors?
On this page our goal is to help consumers: Compare Colonial Penn Medigap plans in New Jersey with the best Medicare supplements available. Read our review. Get a free quote. Did we succeed?