There are 8 insurers offering Medicare Supplement insurance in Vermont. Medicare plans help you pay the coverage gaps in Original Medicare (Part A and B) Commonly called Medigap plans, because they cover the gaps, you can choose the level of deductible, copayment and coinsurance coverage you want.
What You Must Know about Medicare Supplements in Vermont
If this is your first time considering a Medicare Supplement in Vermont, and you’re not exact sure which plan to choose, read our Medicare Supplement Plan information page. Although all policies are standardized, making them easy to compare, monthly premiums are not. Our goal is to show you all available information about each type of Vermont Medigap plan.
Medicare Supplements vs. Medicare Advantage
If you can’t afford a Medicare Supplement there is another option. It’s called Medicare Advantage. A Vermont Medicare Advantage (MA) plan protects you from big healthcare bills and may provide additional options that Original Medicare does not.
As with most other financial decisions, there are trade-offs. Most importantly your choice in healthcare providers, which most Medicare Advantage plans restrict to their network of providers. That said, the big advantages are additional benefits, like prescriptions, dental, hearing, and vision that are not covered by Original Medicare.
The important thing to know about every Medicare Advantage plan is that they limit your Maximum Out-of-Pocket (MOOP) expense to a maximum of $6,700 per year. That makes them worth comparing to Medicare Supplements. We have the complete catalog of 2018 Medicare Advantage Plans available in Vermont.
Vermont Medicare Part D Plans (Rx)
While you’re comparing Vermont Medicare Supplements, it’s a good idea to shop for a Medicare Part D Plan (PDP), too. Medicare does not cover prescriptions, nor do Medigap plans. We make shopping easy with our complete catalog of 2018 Medicare Part D Plans in Vermont.
Medicare Supplement Eligability
You can apply for a Vermont Medicare Supplement if you are:
- A Vermont resident,
- Enrolled in both Medicare Part A and Part B, and
- You are 65 years old or older.
Supplemental plans are available in the following counties: Windsor, Orange, Caledonia, Windham, Bennington, Chittenden, Grand Isle, Franklin, Lamoille, Addison, Washington, Rutland, Orleans, Essex, and most rural areas of Vermont.
Rates shown are samples from within Vermont for comparison purposes only. This page was last updated on 9/24/2017.