Is Plan F the best Medicare Supplement for seniors?

Plan F covers 100% of Medicare-approved costs with zero out-of-pocket expenses. However, since it closed to new enrollees in 2020, its shrinking risk pool drives premiums higher each year. For many NJ seniors, Plan G now offers nearly identical coverage at a lower total annual cost.

How much is Medicare Plan F monthly?

In New Jersey, Plan F monthly premiums typically range from $180 to $350+ depending on your age, gender, tobacco use, and carrier. Rates vary significantly between insurers for the exact same standardized coverage, which is why comparing quotes matters.

Why is Plan F so expensive?

Plan F closed to new Medicare enrollees on January 1, 2020. No younger, healthier people enter the plan, so the remaining members age together. As claims increase and fewer people share the cost, premiums rise faster than other Medigap plans like Plan G.

Can I switch from Plan F to Plan G in New Jersey?

Yes. In New Jersey, you can switch from Plan F to Plan G or any lesser-lettered Medigap plan without medical underwriting. This is a state-specific protection. You'd then pay the $283 annual Part B deductible yourself but often save hundreds more on premiums.

How Much Is Plan F in NJ? Current Rates and Why They Keep Rising

How much is Plan F in NJ? Most New Jersey residents on Plan F pay between $180 and $350+ per month in 2025, depending on age, carrier, and tobacco status. That range keeps climbing, and there's a structural reason behind it.

I'm Anthony Orner, a licensed Medicare broker here in New Jersey. I run these numbers for clients every week. Let me break down exactly what you're paying for and whether it still makes sense.

Call for Free Advice — 855-559-1700

Plan F monthly premiums by age in New Jersey (2025)

New Jersey's Department of Human Services publishes Medigap rate charts. Here's the general range across major carriers:

Age 65: $180 to $250/month
Age 70: $210 to $290/month
Age 75: $240 to $320/month
Age 80+: $280 to $350+/month

Rates vary by carrier for the exact same standardized benefits. Two companies can charge $100+ apart for identical Plan F coverage. That's why comparing quotes isn't optional.

Why Plan F costs more than Plan G every year

Plan F closed to new enrollees on January 1, 2020. Nobody under 65 joins anymore. The pool only gets older, claims go up, and carriers raise premiums to keep up.

Plan G covers everything Plan F covers except the annual Part B deductible ($283 in 2026). But because Plan G still accepts new, younger members, its risk pool stays healthier. That's why Plan G premiums often run $30 to $70/month less than Plan F for the same person.

Who still qualifies for Plan F and is it worth it

You can only keep or buy Plan F if you became eligible for Medicare before January 1, 2020. If you already have it, you're grandfathered in. No one new can get it.

The question isn't whether Plan F is good coverage. It is. The question is whether paying $40 to $80 more per month to avoid a $283 annual deductible makes financial sense. For most people, the math favors switching.

How to check if switching to Plan G saves you money

New Jersey has a strong consumer protection: you can switch from Plan F to Plan G (or any lesser-lettered plan) without medical underwriting. This is a state rule, not federal.

That means no health questions. No denial for pre-existing conditions. You keep the same doctors and hospitals because Medigap plans are accepted by any provider who takes Medicare.

What the $283 Part B deductible actually means

Plan F pays the Part B deductible for you. Plan G doesn't. That's the only difference between the two plans.

In 2026, that deductible is $283 for the entire year. If you're saving $50/month by switching to Plan G, that's $600/year in premium savings minus $283 out-of-pocket. Net savings: over $300/year. Most of my NJ clients save between $300 and $700 annually.

How to get your actual Plan F rate in New Jersey

The NJ Department of Human Services publishes official Medigap rate charts, but they're dense PDFs sorted by carrier. I pull those numbers and compare them side by side so you can see exactly what you're paying versus what you could be paying.

One call. I'll look up your current Plan F rate, show you what Plan G costs from the same or better-rated carrier, and do the math together. No pressure, no obligation.

Want to know exactly what Plan F or Plan G costs at your age?

Call 855-559-1700 for a free, no-obligation rate comparison.

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