Insurance

Pharmacy Benefit Managers

Under Title 18, Chapter 77, Pharmacy Benefit Managers (PBM’s) providing pharmacy benefit services to health benefit plans require licensure to operate in Vermont.   PBM’s currently operating in Vermont must be licensed by January 1, 2026, and application materials should be submitted to the DFR by July 1, 2025.  All other PBM’s must receive a license before commencing operation in Vermont. 

Medicare Supplement and Medicare Advantage

As part of ongoing efforts by the Department to foster consumer education, the Insurance Division developed the following information on Medicare Supplement and Medicare Advantage health care plans. This includes a related three-part video series on Costs • Access • Extra Benefits.