We found 27 Medicare Part D Plans in Arizona.
- The average A premium is an amount that an insurance policyholder must pay for coverage. Premiums are typically paid on a monthly basis. In the federal Medicare program, there are four different types of premiums. is $51.06 per month, however the lowest premium is just $7.50.
- The average drug plan A deductible is an amount a beneficiary must pay for their health care expenses before the health insurance policy begins to pay its share. is $352 per year, but 6 plans have a zero-dollar deductible.
- Medicare rated 19% of all plans available in Arizona 4 stars or higher.
- There are 11 basic benefit plans and 16 enhanced benefit plans.
- A total of 9 plans offer full Social Security's Low-Income Subsidy (LIS) program helps Medicare beneficiaries pay for their Medicare Part D prescription drugs by paying some of the costs. Also known as "Extra Help", beneficiaries who qualify for LIS receive premium... (LIS) for those who qualify.
- There are 2 plans that have additional coverage in the coverage gap phase (aka, "donut hole").
Arizona Medicare Part D Plans
|AARP MedicareRx Preferred||$101.10||$0||Enhanced||No||No||Yes|
|AARP MedicareRx Saver Plus||$38.10||$480||Basic||Yes||No||No|
|AARP MedicareRx Walgreens||$27.60||$310||Enhanced||No||No||No|
|Amerivantage Rx Basic||$59.20||$460||Basic||No||No||No|
|Amerivantage Rx Plus||$66.70||$0||Enhanced||No||No||No|
|Banner Medicare Classic Rx||$39.30||$480||Enhanced||No||No||No|
|Banner Medicare Premier Rx||$85.40||$0||Enhanced||No||No||No|
|Banner Medicare Simple Rx||$37.40||$480||Basic||Yes||No||No|
|Blue MedicareRx Enhanced||$139.30||$0||Enhanced||No||No||No|
|Blue MedicareRx Value||$36.20||$480||Basic||Yes||No||No|
|Cigna Essential Rx||$34.80||$480||Enhanced||No||No||No|
|Cigna Extra Rx||$69.50||$100||Enhanced||No||Yes||Yes|
|Cigna Secure Rx||$36.30||$480||Basic||Yes||No||No|
|Clear Spring Health Premier Rx||$29.10||$480||Enhanced||No||No||No|
|Clear Spring Health Value Rx||$33.20||$480||Basic||Yes||No||No|
|Humana Basic Rx Plan||$38.20||$480||Basic||Yes||No||No|
|Humana Premier Rx Plan||$76.80||$480||Enhanced||No||No||Yes|
|Humana Walmart Value Rx Plan||$22.70||$480||Enhanced||No||No||No|
|Mutual of Omaha Rx Plus||$105.10||$480||Basic||No||No||No|
|Mutual of Omaha Rx Premier||$34.00||$480||Enhanced||No||No||Yes|
|Wellcare Medicare Rx Value Plus||$59.00||$0||Enhanced||No||No||No|
|Wellcare Value Script||$13.00||$480||Enhanced||No||No||Yes|
Arizona Medicare Part D Plans Have Four Phases
Medicare Part D plans are an option Medicare beneficiaries can use to get prescription drug coverage. Part D plans provide cost-sharing on covered medications in four different phases: deductible, initial coverage, coverage gap, and catastrophic. Each... are designed to help Medicare beneficiaries pay for their prescription drugs. Some of the cost-sharing concepts of these plans are foreign to new Medicare beneficiaries, so let's look at the four phases.
The Deductible is the First Phase
A Medicare Part D plan's deductible is the amount you pay out-of-pocket before the initial coverage phase begins and the plan begins paying its share. So, if you enroll in a plan with a $225 deductible, you'll spend that much at the pharmacy for your prescriptions. After that amount, you will pay the A copayment, also known as a copay, is a set dollar amount you are required to pay for a medical service. amount only until you reach the A period of time in which you pay higher cost-sharing for prescription drugs until you spend enough to qualify for catastrophic coverage.. Most Medicare prescription drug plans have a deductible, however, many plans exclude Tier 1 drugs from the deductible, which gives you first-dollar coverage on most lower-cost medications.
The 2nd Phase is the Initial Coverage Limit (ICL)
For 2022, the Part D Initial Coverage Limit (ICL) is $4.430. Your Part D plan will pay the bulk of your prescription cost during the ICL phase. If your costs exceed $4,430, then you will be in the coverage gap phase (aka "doughnut hole")
The Coverage Gap is the Third Phase
After your 2022 gross drug costs have reached $4,330, you will enter the Coverage Gap phase. This is where you will pay 25% of your medication's retail cost. While the price of A generic drug is a prescription medication that has the same active ingredient formula as a brand-name drug. Generic drugs usually cost less than brand-name drugs. might not be much different, what you pay for brand-name drugs will be higher (because you're paying 25% of the full price). This will continue until you reach $7,050 in True Out Of Pocket Costs (TrOOP).
Some plans offer additional gap coverage, so look for it on the plan information pages.
Catastrophic Coverage is the Fourth Phase
Once you've spent $7,050 out-of-pocket in 2022 you are out of the coverage gap phase and will receive catastrophic coverage. This happens automatically and ensures that you only pay a small amount for all covered drugs for the remainder of the year.
The Out-of-Pocket Costs for Medicare are the remaining costs that are not covered by the beneficiary's health insurance plan. These costs can come from the beneficiary's monthly premiums, deductibles, coinsurance, and copayments. that help you get catastrophic coverage include:
- Your plan's deductible;
- What you paid during the Once you have met your yearly deductible, you will pay a copayment or coinsurance for each covered drug until you reach the initial coverage limit. You will then enter your plan’s coverage gap (aka, “donut... period;
- Most of the full cost of brand-name drugs (and the manufacturer’s discount) purchased in the coverage gap;
- The amount paid by others, including family members, most charities, and other persons on your behalf; and
- The amount paid by State Pharmaceutical Assistance Programs (SPAPs), AIDS Drug Assistance Programs, and the Indian Health Service.
The Lowest Premium May Not Be the Lowest Overall Cost
Evaluate Part D Medicare plans wisely. If you have a regular prescription or two, we suggest that you verify that the plan you want offers your medication(s) at a good price. You find this information in the A formulary is a list of prescription drugs covered by a prescription drug plan or another insurance plan offering prescription drug benefits. Medications not on a plan's formulary are generally not covered.. We post links to the formulary and pharmacy web pages, as well as the plan's phone number, on each of the PDP pages listed above.
VITAL: Identifying the best Medicare Part D Plans requires research. What works the best for you is all about your regular prescriptions (if any), your health, and what you can afford.
Did you Know Most Medicare Advantage Plans Include Prescription Benefits?
There's more than one way to get prescription drug coverage with your Medicare benefits. The first way is by enrolling in one of the Medicare prescription drug plans available in Arizona. The second way is to get prescription coverage through one of the many Arizona Medicare Advantage Plans that include Part D benefits. Most Medicare Advantage (MA), also known as Medicare Part C, are health plans from private insurance companies that are available to people eligible for Original Medicare (Medicare Part A and Medicare Part B). available in Arizona include Part D as an additional benefit.
Combining a Supplement and Medicare Part D Benefits
Are you thinking about supplemental Medicare insurance that can offer you more coverage? It's a smart move. Original Medicare is private fee-for-service health insurance for people on Medicare. It has two parts. Part A is hospital coverage. Part B is medical coverage. only covers about 80 percent of your major medical bills, leaving you to cover the rest. We make it easy to find the lowest rates on Arizona Medicare Supplements, also known as Medigap plans. The choice is yours because all Part D plans are compatible with the full range of Arizona Medicare Supplements are additional insurance policies that Medicare beneficiaries can purchase to cover the gaps in their Original Medicare (Medicare Part A and Medicare Part B) health insurance coverage..
Arizona Medicaid and Your Medicare Part D
If you meet the requirements for both Medicare and Medicaid (aka, "dual eligible" or "Medi-Medi") in Arizona, you will automatically receive a Medicare Prescription Drug Plan, as well as Extra Help from Social Security. If you qualify for Extra Help, the program will cover most of the costs of your prescriptions. Even if you qualify, the dual eligible option may not suit your needs. In this case, enroll in the prescription drug plan of your choice. If you receive Medicaid is a public health insurance program that provides health care coverage to low-income families and individuals in the United States. now, call your local Medicaid office for assistance with your dual eligible benefits.
Citations & References
- Medicare.gov, "How to get prescription drug coverage", Last Accessed April 28, 2022
- Benefits.gov, "Medicare Prescription Drug Plans", Last Accessed June 1, 2022
- Medicare.gov, "Catastrophic coverage", Last Accessed June 13, 2022
- Medicare.gov, "Are prescription drugs covered in Medicare Advantage plans?", Last Accessed June 6, 2022
- SSA.gov, "Extra Help with Medicare Prescription Drug Plan Costs", Last Accessed June 1, 2022
- CMS.gov, "Landscape Source Files", Last Accessed October 26, 2021
- CMS.gov, "Medicare Part C & D Performance", Last Accessed October 15, 2021
This Medicare Part D plan state information page was last updated on .