Vermont seniors can choose from 23 Medicare Part D Plans in 2017. Choose carefully, and don’t settle on a prescription drug plan until you know that your most expensive medications are covered at a price you can afford. This information is available in the plan’s formulary. The formulary also gives you the co-payment information.
2017 Coverage Gap on all Vermont 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.
Medicare Part D Plans and Vermont Medigap Policies Work Together
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 Vermont, 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 Vermont with our complete catalog of Medigap policies for seniors living in Vermont.
Medicare Part D Benefits Offered by Most Medicare Advantage Plans in Vermont
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 Vermont and the features, benefits and coverages they offer.
Eligability and Availability
You are eligible to apply for a Medicare Part D Plan in Vermont 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: Windsor, Orange, Caledonia, Windham, Bennington, Chittenden, Grand Isle, Franklin, Lamoille, Addison, Washington, Rutland, Orleans, Essex, and all other areas of the state.