Medicare Supplement Insurance (also called Medigap) helps senior and disabled Vermont residents pay for certain Medicare copayments, deductibles, and other costs. Currently, insurance companies can offer state residents up to 10 standardized Medigap plan options: Plans A, B, C, D, F, G, K, L, M, and N.
Quick Facts About Medicare Supplement Plans in Vermont:
|
Popularity Ranking |
Plan |
Total Enrollees |
|
1 |
F |
17,304 |
|
2 |
N |
12,261 |
|
3 |
C |
9,908 |
*Plans no longer available for purchase, including Plans E, H, I, and J.**Pre-standardized plans are policies sold before July 1992.
Medigap pricing methods are important because they dictate how your premiums may increase in future years. There are 3 different pricing methods:
Although Medicare Supplement Insurance is primarily for senior citizens, it’s also available to disabled people and those with end-stage renal disease (ESRD) in some states. Each state’s insurance department dictates the rules governing Medicare beneficiaries under the age of 65.
Vermont law requires insurers who sell Medigap to make all of their policies available to those under 65 (except for those with ESRD).
To learn more about Medicare Supplement Insurance, read through our guides below.
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