Hawaii seniors, you have 19 Medicare Part D Plans to choose from in 2018. Low monthly premiums, too! But, don’t make a decision on the premium and deductible alone. It’s critical that you verify that your medications are covered. You find this information, and the co-payment tiers, in the formulary.
2018 Coverage Gap on all Hawaii Medicare Part D Plans
As you are likely aware, the Medicare Part D coverage gap, also known as the donut hole, is still with us for a few more years. The new healthcare law is gradually phasing out the coverage gap. Until the donut hole is gone for good, you need to budget for your medications accordingly.
Combining a Hawaii Medigap Policy and Part D Plan Benefits
Medicare does not pay for all of your hospital and doctor bills. Even with the new healthcare law in place, Original Medicare only pays about 80 percent of your major healthcare bills in Hawaii. The rest comes out of your pocket. To protect yourself from the high cost of an illness or injury that requires hopitalization, you need a Medigap supplemental Medicare insurance policy. We publish a complete catalog of Medigap policies for Hawaii seniors with the tools you need to find the most affordable policy with the best coverage.
Most Hawaii Medicare Advantage Plans Include Part D Plan Benefits
The rising cost of healthcare is the number one reason more Hawaii seniors than ever are switching to Medicare Advantage. With lower out-of-pocket costs, an annual out-of-pocket cap, and precription drug benefits (on most plans), it makes a lot of sense. More than 15-million people on Medicare made the switch in 2015. Have you compared the benefts? We have a complete catalog with all Hawaii Medicare Advantage plans that makes plans easy to compare.
Eligability and Availability
You are eligible to apply for a Medicare Part D Plan in Hawaii if you are:
- A resident,
- Enrolled in Medicare Parts A and B, and
- You are age 65 or over (or have Medicare due to a disability).
Medigap Part D Plans are available in the following counties: Honolulu, Kauai, Hawaii, Maui, Kalawao, and all other areas of the state.