In Maine, just like in other states across the US, Medicare offers health insurance to US citizens and permanent residents who are 65 years and above and to people, who are under 65 with certain illnesses and disabilities. In Maine, people who qualify for Medicare Part D can choose between Medicare Advantage Prescription Drug plans or just the Prescription Drug plans. These plans are offered by private insurance companies and each plan type covers different services, has different out-of-pocket expenses and offers different benefits.
Maine Medicare Part D Plans
The two basic Maine Medicare Part D plans are as follows:
Selecting Maine Medicare Part D Plans
There are many insurance providers that provide an array of Maine Medicare Part D plans. Hence, when a beneficiary is looking for a plan, there are certain things that he should check. First, the person should check about the deductibles.
In such plans, the beneficiary pays for the prescription drugs before the insurance becomes live. In other plans, there could be co-payments where the payment is shared between the beneficiary and the insurance provider at a fixed ration. In other type of Maine Medicare Part D plan, the beneficiary may have no deductibles or co-payments, as the full cost of the prescription drugs would be borne by the insurance coverage.
Furthermore, it is a must to check which prescription drugs are covered by the plans. A beneficiary should choose a plan that covers most of the drugs that he requires and falls within his budget. It is best to shop around and check the Maine Medicare Part D plans offered by different insurance providers and then make an informed decision.