There are 24 2019 Medicare Part D Plans available in New Mexico. Plans change every year, so do your home work and choose wisely. If you have a regular prescription or two, we suggest that you verify that the prescription drug plan you want offers your medication at a good price. You find this information in the formulary.
New Mexico Medicare Part D 2018 Coverage Gap
Are you aware that the Centers for Medicare and Medicaid Services (CMS) has not phased out the Medicare Part D coverage gap (aka, donut hole)? Fortunately the coverage gap is shrinking, and it will be gone for good in a few more years. Until then, you need to plan accordingly, particulary if you have regular medications.
Combining a New Mexico Medigap Policy and Part D Plan Benefits
While you’re looking at Medicare Prescription Drug plans, it’s a good idea to shop for supplemental Medicare insurance that will cover some or all of the excess costs not paid by Original Medicare. Even with the new healthcare law reforms, Medicare only covers about 80 percent of the hospital and doctor bills incurred by most seniors in New Mexico, leaving you to handle the rest. A Medigap policy protects you from big bills, giving you peace-of-mind. We make it easy to find the lowest cost policy available in New Mexico with our complete catalog of Medigap policies for seniors living in New Mexico.
Medicare Part D Benefits Offered by Most Medicare Advantage Plans in New Mexico
More than 15-million people on Medicare enrolled in a Medicare Advantage plan in 2015. The biggest reason for switching is the added benefits and lower out-of-pocket costs. Of the additional benefits included, by far the most common is prescription drug coverage. Our catalog will show you all Medicare Advantage plans in New Mexico and the features, benefits and coverages they offer.
Eligability and Availability
You are eligible to apply for a Medicare Part D Plan in New Mexico 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: Sandoval, Valencia, Cibola, Bernalillo, Torrance, Santa Fe, Socorro, Rio Arriba, San Juan, Mckinley, Taos, San Miguel, Los Alamos, Colfax, Guadalupe, Mora, Harding, Catron, Sierra, Dona Ana, Hidalgo, Grant, Luna, Curry, Roosevelt, Lea, De Baca, Quay, Chaves, Eddy, Lincoln, Otero, Union, and all other areas of the state.