Humana Preferred Rx Plan PDP for Louisiana Seniors

Humana Preferred Rx Plan (PDP) Medicare Part D Plan by Humana Insurance Company for qualified Louisiana residents.
CMS Rating:This Medicare drug plan has an average rating of 3.5
Plan Premium:
Pharmacy Co-Pay:$310.00
Initial Coverage Limit:$2,850.00
Pharmacy Mail Order:Yes
Gap Coverage:No Gap Coverage
Low Income Subsidy:Yes
Medicare Formulary:3043
PDP ID No:S5884-108
Plan Year:2014
Approved by CMS for:LA Residents
Rx Plan Type:National

2014 Medicare Prescription Drug Plan Overview

American Senior, Medicare Prescription Drug Plan: Humana Preferred Rx Plan (PDP) S5884-108Humana Preferred Rx (PDP) is an approved Medicare Prescription Drug Plan insured by Humana Insurance Company for Louisiana seniors and other qualifying beneficiaries.

The plan's premium is $22.80 per month ($273.60 annually) and it has a $310.00 annual pharmacy deductible. The maximum deductible allowed by Medicare in this year is $310 (down from $325 last year). Your prescription coverage assistance begins when the deductible is reach.

The plan's formulary ID is 00014054. It features 3043 approved prescription medications.

Louisiana seniors, there are two circumstances that will change the premium. Seniors that qualify for Extra Help receive a lower premium. Beneficiaries with a late enrollment penalty will pay slightly more.

We think it is worth comparing Humana Preferred Rx Plan with:

Humana Preferred Rx Plan Initial Coverage

ICP - the Initial Coverage Phase - is where you share the cost of your prescriptions with your insurance company. You and the carrier each pay your share until you hit the Initial Coverage Limit (ICL). In 2014, the ICL is $2,850. This number is adjusted each year. This plan has a deductible, so your ICP does not start until the deductible has been paid.

All prescription drugs fall into one of several tiers within the insurance carrier's drug formulary. Carriers use the formulary tiers to manage cost-sharing. Be aware that tiers are not standardized. In other words, carriers assign drugs to the tier they deem most suitable.

In Louisiana the tiered pharmacy co-pay with the Humana Preferred Rx (PDP) is as follows:

Tier  Co-Pay AmountMedications in Tier
1$1.00249 Preferred Generics
2$2.00802 Non-Preferred Generics
320%656 Preferred Brand Drugs
435%989 Non-Preferred Brand Drugs
525%347 Specialty Drugs

The ICL (Initial Coverage Limit) on this Part D plan is $2,850.00. This plan qualifies for full LIS benefits and a $0.00 monthly premium.

Humana Preferred Rx (PDP) 2014 Coverage Gap

The prescription drug Coverage Gap (aka, "Donut Hole") is the coverage phase where you must pay all of your medication costs. You can learn more about costs in the donut hole by reading What is the Medicare Part D Donut Hole? When you reach the donut hole with the Humana Preferred Rx (PDP) plan all depends on your prescriptions.

The 'donut hole' gap coverage on this policy is: No Gap Coverage

Prescription Drug Plan Members

The reported number of Medicare beneficiaries using the Humana Preferred Rx Plan plan nationally is 0. In your region (CMS PDP region 21) there are an estimated 0 people using the plan (previous year's statistics).

Related Senior Services in Louisiana

More Information About Humana Insurance Company

Humana Inc., headquartered in Louisville, Kentucky, is a leading health care company that offers a wide range of insurance products and health and wellness services that incorporate an integrated approach to lifelong well-being. By leveraging the strengths of its core businesses, Humana believes it can better explore opportunities for existing and emerging adjacencies in health care that can further enhance wellness opportunities for the millions of people across the nation with whom the company has relationships.

The summary (overall) rating for this plan is 3.5 out of 5 based on reviews from 0 user ratings from the previous year. For more information about the review process, visit