Thousands of Medicare beneficiaries struggle between paying their monthly bills and paying for their medications. These beneficiaries struggle because they don’t have enough money in their monthly budget to pay for their medications and their bills. This is one of the hardest decisions that any family can make but it’s one that is made in families around the country every day.
Instead of ignoring the problem, there are some states that have accepted the challenge and are offering their residents help. The programs that are available to help are called state pharmaceutical assistance programs and are only open to those that meet certain eligibility requirements. While not all states offer these programs, those that do are able to provide residents a way to save money and maintain a comfortable standard of living. With the help of state pharmaceutical assistance programs, many residents don’t have to worry as much about being able to afford their medications.
Vermont is a state that offers their residents a state pharmaceutical assistance program.
VPham is the state pharmaceutical assistance program offered to the residents of Vermont. Those that are interested in the program can get more information by calling 800-250-8427.
For those that are interested in applying for this program, there are eligibility requirements that have to be met. The eligibility requirements are as follows:
Who to Contact
Those that meet the requirements and are interested in more information or applying, the following address is where inquiries should be forwarded:
312 Hurricane Lane
Williston, VT. 05495
What are the Benefits
Those that are approved for the program will receive the following benefits:
VPharm 1 Beneficiaries- These beneficiaries will pay a monthly premium but the program pays for the premium beneficiaries are responsible for up to a certain amount. Beneficiaries will also receive help paying for medication copays, co-insurance and deductibles they are responsible for that are covered by their prescription drug plan provider. Medications that are normally prohibited by a Medicare Part D prescription drug plan may be covered under the formulary approved by VPharm. These beneficiaries are also allowed 1 comprehensive and 1 interim exam every 2 years by an ophthalmologist or optometrist.
VPharm 2 Beneficiaries- These beneficiaries are expected to pay a monthly premium to receive help paying for their monthly Medicare Part D prescription drug plan premium up to a certain amount. These beneficiaries will also receive help paying for their copays, co-insurance, deductibles and coverage gap payments they are responsible for. These beneficiaries may also be able to receive help paying for medications that are not normally covered under their Medicare Part D prescription drug plan formulary.
VPharm 3 Beneficiaries- These beneficiaries are expected to pay a premium for their benefits. These benefits include help paying for the premium for their Medicare Part D prescription drug plan. These beneficiaries will also receive help paying for any copays, deductibles, co-insurance and coverage gap payments for medications through their Part D prescription drug plans. Beneficiaries may also be able to receive help paying for medications that are not always available through their Medicare Part D prescription drug plan formularies.
The copays for VPharm programs 1, 2 or 3 vary up to $2. The premiums for these programs vary from $15-30.
Each applicant will be evaluated and placed in the program their income allows. For specific benefits, VPharm will have to be contacted directly.