MedBlue Rx PDP for South Carolina Seniors
|Initial Coverage Limit:||$2,850.00|
|Pharmacy Mail Order:||Yes|
|Gap Coverage:||No Gap Coverage|
|Low Income Subsidy:||No|
|PDP ID No:||S5953-001|
|Approved by CMS for:||SC Residents|
|Rx Plan Type:||Regional|
2014 Medicare Prescription Drug Plan Overview
MedBlue Rx (PDP) is an approved Medicare Prescription Drug Plan insured by Blue Cross Blue Shield of South Carolina for South Carolina seniors and other qualifying beneficiaries.
The plan's premium is $56.40 per month ($676.80 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 00014110. It features 2839 approved prescription medications.
South Carolina 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 MedBlue Rx with:
- Express Scripts Medicare - Value at $34.90 per month for South Carolina Seniors
- Express Scripts Medicare - Choice at $49.50 per month for South Carolina Seniors
- Transamerica MedicareRx Choice at $54.00 per month for South Carolina Seniors
MedBlue Rx 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 South Carolina the tiered pharmacy co-pay with the MedBlue Rx (PDP) is as follows:
|Tier||Co-Pay Amount||Medications in Tier|
|1||$3.00||615 Preferred Generics|
|2||$7.00||1008 Non-Preferred Generics|
|3||$44.00||341 Preferred Brand Drugs|
|4||$95.00||523 Non-Preferred Brand Drugs|
|5||25%||352 Specialty Drugs|
The ICL (Initial Coverage Limit) on this Part D plan is $2,850.00. This plan doesn't qualify for a $0 LIS premium.
MedBlue 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 MedBlue 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 MedBlue Rx plan nationally is 0. In your region (CMS PDP region 9) there are an estimated 0 people using the plan (previous year's statistics).
Related Senior Services in South Carolina
More Information About Blue Cross Blue Shield of South Carolina
BlueCross BlueShield of South Carolina, Inc. offers health insurance services. The company provides health plan and medicare contract services. Additionally, it offers dental, vision, and mental health insurance plan services. The company was formerly known as South Carolina Hospital Service Plan, Inc. and changed its name in 1969. BlueCross BlueShield of South Carolina, Inc. was incorporated in 1946 and is based in Columbia, South Carolina.
The summary (overall) rating for this Blue Cross Blue Shield of South Carolina plan is 3.0 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.