Vermont Medicare plans provide necessary health insurance for qualified individuals. Medicare consists of four basic parts which include Hospital Insurance, Medical Insurance, Medicare Advantage Plans and prescription drug coverage. Different types of health care plans are provided for the residents of Vermont under Medicare.
These plans, also known as Medigap policies, are provided by private insurers to senior citizens aged 65 or older and disabled individuals under 65. Medicare supplement plans are not available to the people with final stage of renal disease.
Vermont provides three Medicare Savings Programs:
SHIP is a federally managed program which helps States to develop and enhance a network of volunteers, local programs and staff. SHIP helps to provide subjective and accurate information regarding Medicare and its benefits to individuals and families. This allows the beneficiaries to identify and understand the programs and utilize their benefits in a better way.
Vermont State has four pharmaceutical assistance programs which are aimed at providing help to senior citizens and disabled people including both enrolled and not enrolled in Medicare. These plans are VPharm, Vermont Health Access Plan (VHAP), VSCRIPT, and VSCRIPT Expanded.
This program provides a subsidy for prescription drug coverage recipients having resources below $13,070 for individuals and $26,120 for couples. The benchmark amount varies depending on the region of your residence. The low-income subsidy in Vermont in the year 2012 is $32.04 per month.