With a population of around 8,000, Montpelier makes up about 1% of the state’s total residents. Vermont has the fourth-highest population of people 65 or older; in Montpelier, 14.9% of locals are over 65, meaning many of those have Medicare.
Including those in Montpelier, Vermont, Medicare beneficiaries comprise 16.5% of Vermont’s population.
Supplemental Medicare plans in Montpelier, Vermont
Supplemental Medicare plans, also known as Medigap, help offset the “gaps” in traditional Medicare coverage. You could benefit from enrolling in one of these alternative Medicare plans: Medicare Advantage, Medicare Supplement Plans (Letters A through N), and Medicare Part D.
These options have various costs and coverage, and the advantages depend on your circumstances. To help you decide, we’ll provide an overview of the supplemental Medicare plans available to enhance Original Medicare coverage in Montpelier, Vermont. We based the example quotes on a 65-year-old male.
Average Medicare Advantage plans in Montpelier, Vermont
In Montpelier, 22 Medicare Advantage plans are available for enrollment. Most residents have traditional Medicare, but 9.3% of Montpelier, Vermont beneficiaries have Medicare Advantage.
Vermont Blue has a PPO Advantage plan with a $0 premium, $0 deductible, and $6,900 maximum out-of-pocket (MOOP) expenditure. The copay is $40 for a specialist visit and potentially $0 for prescription drugs. The plan also provides coverage for dental cleanings, eye exams, and hearing aids.
The Medicare Advantage Patriot PPO plan from UnitedHealthcare has a $0 premium, a $40 specialist copay, and a$4,500 MOOP. Out-of-network health services are available, and the plan provides dental, hearing, and vision coverage.
MVP Health offers an Advantage plan with a $0 premium, a $35 copay for a specialist appointment, and a $6,700 out-of-pocket maximum. With this plan, you have an allowance for hearing aids, eyewear, and regular dental care. The SilverSneakers fitness program is available with this plan.
| PLAN | PREMIUM | MOOP | PLAN TYPE | STAR RATING |
| Vermont Blue | $0 | $6,900 | LOCAL PPO | N/A |
| Wellcare | $0 | $6,000 | LOCAL PPO | N/A |
| MVP Health | $0 | $6,700 | LOCAL PPO | 4 |
| UnitedHealthcare | $0 | $4,500 | LOCAL PPO | 3 |
| MVP Health | $0 | $7,550 | LOCAL PPO | 4 |
Affordable Medicare Supplement plans in Montpelier, Vermont
Montpelier, Vermont, Medicare Supplement plans (Medigap) cover some or all out-of-pocket costs you normally pay with traditional Medicare. These plans are available in all 50 states to help beneficiaries get affordable healthcare. The 12 Medigap plans range from letters A to N and are the same in almost every state.
Plan N is the best option to help save money on Medicare Part B coinsurance for those who might not need the extra coverage. The premium for Plan N is relatively low, ranging from $119.01 to $209.34. The plan covers hospital coinsurance entirely, but doctor visits have a $20 copay.
If you want to avoid out-of-pocket expenses entirely, Plan F covers all the costs traditional Medicare would require you to pay. However, the monthly premium is $165.02 to $378.36. If you prefer a lower premium with the same benefits, the High Deductible Plan F (HDF) is $42 to $89.28 per month, and the deductible is $2,490.
Plan G has the same coverage as Plan F minus the Medicare Part B deductible, which is $233 for the year. The premium is $145.36 to $343.01. The premium for High Deductible Plan G (HDG) is between $42 and $56.24, with a $2,490 deductible.
| LETTER PLAN | LOWEST PREMIUM | HIGHEST PREMIUM |
| PLAN A | $107.27 | $218.54 |
| PLAN B | $172.26 | $327.77 |
| PLAN C | $183.51 | $381.02 |
| PLAN D | $160.99 | $363.46 |
| PLAN F | $165.02 | $378.36 |
| PLAN HDF | $42.00 | $89.28 |
| PLAN G | $145.36 | $343.01 |
| PLAN HDG | $42.00 | $56.24 |
| PLAN K | $77.00 | $151.74 |
| PLAN L | $133.25 | $174.58 |
| PLAN M | $204.72 | N/A |
| PLAN N | $119.01 | $209.34 |
Cheapest Medicare Part D prescription drug plans
Private insurance companies offer Part D plans to provide traditional Medicare beneficiaries coverage for prescriptions. These Montpelier, Vermont, standalone Part D plans must be as good or better than the Medicare standard. You can also get Part D coverage through a Medicare Advantage plan.
Aetna offers a SilverScript SmartRx drug plan with a monthly premium of only $7.40. This plan has a $0 deductible and a $1 copay (at preferred pharmacies) for Tier 1 drugs. The deductible for Tiers 2, 3, 4, and 5 is $480.
Humana has a 4-star rated prescription drug plan that costs $22.70 monthly. Copays for Tier 1 drugs are $0. Tier 1 and 2 drugs have a $0 deductible, while Tiers 3, 4, and 5 have a $480 deductible.
The cheapest UnitedHealthcare Part D plan has a $29.30 monthly premium and offers $15 off every prescription if you fill your medications at Walgreens. The deductible for Tier 1 drugs is $0, and Tiers 2 through 5 have a $310 deductible. At preferred pharmacies, Tier 1 drugs have a $0 copay.
| PLAN | PREMIUM | DEDUCTIBLE | STAR RATING |
| Aetna | $7.40 | $480 | 3 |
| Wellcare | $13.00 | $480 | 3 |
| Humana | $22.70 | $480 | 4 |
| UnitedHealthcare | $29.30 | $310 | 4 |
| Cigna | $32.10 | $480 | 3 |
FAQs
Is Plan G available in Montpelier, Vermont?
Yes, Plan G Medigap options are available for residents in Montpelier, Vermont.
Medicare Supplement Plan G policies in Vermont include USAA Life Insurance with a $209 monthly premium, Accendo with a $145 premium, and BlueCross BlueShield of Vermont with a $269 premium.
Can you switch from Medicare Advantage to Medigap in Montpelier, Vermont?
You can switch from Medicare Advantage to Medigap in Montpelier only during the first three months of enrollment, during open enrollment for Medicare Advantage, or during special enrollment periods.
What is the difference between Plan N and Plan G in Montpelier, Vermont?
Plan N has many of the same benefits as Plan G, but there are two major differences. First is that Plan N has a $20 copay for doctor visits and a $50 copay for trips to the ER. Second, Plan N doesn’t cover Part B excess charges.
What is the least expensive Medicare Supplement plan in Montpelier, Vermont?
The cheapest Medigap plan in Montpelier is Plan K, which covers Part A coinsurance and 50% of most other expenses. If you want a slightly more pricey plan with more coverage, Plan N is an excellent option.
Do Medigap premiums increase with age in Montpelier, Vermont?
No, your age does not affect Medigap rates in Vermont. Medigap policies are community rated, meaning they are the same price for all beneficiaries over 65.
However, the rates may fluctuate for other reasons, such as inflation.
How to sign up for Medicare plans in Montpelier
If you want supplemental Medicare coverage in Montpelier, Vermont, we can help you find the best supplemental plan to save money on your Medicare coverage.
Our unmatched knowledge and trustworthiness in assisting you in finding the perfect coverage for you is our licensed insurance agents’ goal.
So when you’re ready to get connected with the best rates in Montpelier, Vermont, give us a call today. Or simply fill out our online rate form!
