Medicare offers healthcare coverage to Montana residents age 65 or older, or to those Montana residents that suffer from certain medical disabilities. In 2016, 206,000 people are enrolled in Medicare in Montana, accounting for 20% of the population in Montana. In 2009 Montana spent approximately $7,576 on each Medicare beneficiary residing in the state, 26.91% lower than the national average of $10,365. From 2015 to 2030 the senior population in Montana is projected to increase by an estimated 55.12% according to calculations based off of the 2000 Census. Therefore the number of eligible Medicare beneficiaries in the state is also predicted to grow.
Medicare beneficiaries and their caregivers in Montana can receive free, one-on-one, and unbiased health insurance counseling through the Montana State Health Insurance Assistance Program (SHIP). Senior Medicare Patrol (SMP) is another available program which aims to help educate and empower individuals on how to identify, prevent, and report cases of healthcare fraud, waste, and/or abuse.
Individuals that qualify for Medicare can sign up for Medicare Part A (hospital services) and Part B (medical services) through the Federal government. Part A is generally paid for by paycheck deductions from their working years (or their spouse's) but most Medicare beneficiaries pay for Part B through monthly premiums unless they qualify for financial assistance. If you are eligible for Original Medicare (Parts A & B) or if you are already enrolled in it, you also have the option to enroll in a Medicare Advantage plan (Part C) instead of Original Medicare or add a standalone prescription drug plan (Part D) to your current Original Medicare coverage. Original Medicare offers its beneficiaries flexibility in choosing their providers and you are not limited to a network. However, there is no limit on out-of-pocket medical expenses and you must always pay 20% coinsurance for medical service costs. Medicare Advantage and Medicare Part D insurance plans are sold by private insurance companies that have a contract with Medicare. Many Medicare beneficiaries will elect to enroll in a Medicare Advantage plan that includes prescription drug coverage (MAPD) or purchase a standalone prescription drug plan to go with their Original Medicare coverage. Medicare Advantage plans require you to stay in network but some plans will also cover out-of-network care at a higher cost. Additional benefits of Medicare Advantage plans such as dental, vision, or hearing coverage can help reduce out-of-pocket expenses for seniors with certain medical needs.
Using CMS data HealthPocket found that:
- The average total monthly premium for a 2017 Medicare Advantage plan in Montana is $50.56, 19.08% less than the national average of $62.48. 2.33% of 2017 Medicare Part C insurance plans in Montana have a $0 monthly premium.
- The maximum possible annual drug deductible in any 2017 Medicare Advantage plan with a drug component is $399, but in Montana the average annual drug deductible for Medicare Part C insurance plans with drug components is $180.38. 50.64% of 2017 Medicare Part C insurance plans with a drug component in Montana have a $0 annual drug deductible.
- The average total monthly premium for a 2017 Medicare Advantage plan without a drug component in Montana is $21.75. 25% of 2017 Medicare Part C insurance plans without a drug component in Montana have a $0 monthly premium.
- The average medical out-of-pocket limit for 2017 Medicare Part C insurance plans in Montana is $4,956.93. 22.67% of 2017 Medicare Advantage plans in Montana had a medical out-of-pocket limit of $3,500 or less.
To assist seniors in choosing Medicare plans, CMS assigns star ratings to Medicare Part C and Part D plans each year based on preventive care, chronic condition management, customer service, member satisfaction, and drug pricing. Ratings range from 1 star (a poor plan) to 5 stars (an excellent plan).
- The average overall CMS star rating assigned to Medicare Part C insurance plans in Montana was 3.6 stars in 2017.
- Among Montana's 2017 Medicare Advantage plans with CMS star ratings:
- 15.7% earned a score of 4 or 4.5 stars
- 84.3% earned a score of 3 or 3.5 stars
Data on Medicare eligibility, enrollment, and spending by state from Kaiser Family Foundation