AARP MedicareRx Saver Plus PDP for Indiana Seniors
|Initial Coverage Limit:||$2,850.00|
|Pharmacy Mail Order:||Yes|
|Gap Coverage:||No Gap Coverage|
|Low Income Subsidy:||Yes|
|PDP ID No:||S5921-360|
|Approved by CMS for:||IN Residents|
|Rx Plan Type:||National|
2014 Medicare Prescription Drug Plan Overview
AARP MedicareRx Saver Plus (PDP) is an approved Medicare Prescription Drug Plan insured by UnitedHealthcare for Indiana seniors and other qualifying beneficiaries.
The plan's premium is $20.90 per month ($250.80 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 00014407. It features 3219 approved prescription medications.
Indiana 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 AARP MedicareRx Saver Plus with:
- Express Scripts Medicare - Value at $30.90 per month for Indiana Seniors
- Express Scripts Medicare - Choice at $70.50 per month for Indiana Seniors
- First Health Part D Premier Plus at $103.50 per month for Indiana Seniors
AARP MedicareRx Saver Plus 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 Indiana the tiered pharmacy co-pay with the AARP MedicareRx Saver Plus (PDP) is as follows:
|Tier||Co-Pay Amount||Medications in Tier|
|1||$1.00||60 Preferred Generics|
|2||$2.00||941 Non-Preferred Generics|
|3||$20.00||925 Preferred Brand Drugs|
|4||$35.00||736 Non-Preferred Brand Drugs|
|5||25%||557 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.
AARP MedicareRx Saver Plus (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 AARP MedicareRx Saver Plus (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 AARP MedicareRx Saver Plus plan nationally is 0. In your region (CMS PDP region 15) there are an estimated 0 people using the plan (previous year's statistics).
Related Senior Services in Indiana
More Information About UnitedHealthcare
United Healthcare is an operating division of UnitedHealth Group, the largest single health carrier in the United States. UnitedHealth Group is a diversified managed health care company headquartered in Minnetonka, Minnesota, USA. They offer a spectrum of products and services through two operating businesses: United Healthcare and Optum.
Through its family of subsidiaries and divisions, UnitedHealth Group serves approximately 70 million individuals nationwide. In 2010, the company posted a net income of $4.6 billion.
The summary (overall) rating for this UnitedHealthcare 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 http://cms.gov.