Humana Basic Rx Plan 2024 Part D Plan S5884-107 by Humana
Humana Basic Rx Plan is a 2024 Basic Medicare Part D plan from Humana that's available to individuals enrolled in a Medicare Advantage plan without prescription drug plan benefits or Medicare Part A and/or Part B.
This plan has a monthly premium of $40.40, an initial coverage limit of $5,030, an out-of-pocket threshold of $8,000, and a $545.00 deductible that must be paid before cost-sharing begins. This plan has an overall rating of 3.0 (Average) out of 5 stars.
Part D Plan Basics | |
---|---|
Plan ID: | S5884-107 |
Plan Type: | PDP |
Plan Year: | 2024 |
Premium: | $40.40/mo |
Deductible: | $545.00/yr |
Benefit Type: | Basic |
Rx Gap Coverage: | No |
Low Income Subsidy: | No |
Availability: | See List |
Insured By: | Humana |
Prescription Drug Plan Premium
Although Humana Basic Rx Plan's monthly premium is bundled with the total plan cost, some plans have supplemental costs and/or offer low-income subsidy (LIS) assistance. The following table outlines the premium details of this Humana plan.
Basic Part D Premium: | $40.40 |
Supplemental Part D Premium: | $0.00 |
Total Part D Premium: | $40.40 |
Part D Premium with Full LIS Assistance: | $7.60 |
For more information about the Low-Income Subsidy (aka, "Extra Help") program, refer to the Social Security Extra Help page.
Prescription Drug Plan Deductible
The Medicare Part D annual deductible with this plan is $545.00. This is the amount you must pay at the pharmacy before Humana begins paying its share.
Prescription Drug Plan Out-of-Pocket Costs
In addition to the plan's monthly premium and deductible, Humana Basic Rx Plan has copayments (a fixed dollar amount) and/or coinsurances (a percentage amount) that you must pay when you pick up your prescriptions. The following table shows you those costs.
Tier | Preferred | Standard |
---|---|---|
1 (Preferred Generic) | N/A | $0.00 copay |
2 (Generic) | N/A | $1.00 copay |
3 (Preferred Brand) | N/A | 24% |
4 (Non-Preferred Drug) | N/A | 42% |
5 (Specialty Tier) | N/A | 25% |
A Brief Review and CMS 5-Star Rating Marks
The following table shows the quality ratings for this Humana plan. Each year CMS rates drug plans (Part D) in four broad categories. We do not recommend joining a plan with an overall rating of less than 3.0.
This Medicare Part D plan gets 3.0 out of 5 stars overall. Here's our quick summary of how well Humana Basic Rx Plan performs.
CMS Measure | Star Rating |
---|---|
Overall Plan Rating | |
Drug Plan Customer Service | |
Complaints and Changes in the Drug Plan | |
Member Experience with the Drug Plan | |
Drug Safety and Accuracy of Drug Pricing |
In terms of quality, safety, and customer service, this Part D plan is just average. Humana Basic Rx Plan delivers an excellent customer care experience when members call for help. When it comes to member complaints to Medicare, this plan does an average job. The member experience with this Humana plan is about average. Drug safety and the accuracy of drug pricing with this plan are about average.
The true value of any Medicare Part D plan can only be judged by how well it covers your medications. You can find basic benefits plans that have a lower monthly fee than this one. That's OK if the plan covers your prescriptions at the lowest possible price. Watch out for the plan's deductible. Unlike some other plans, this plan does not exempt any tiers in its formulary.
Plan Availability
Humana Basic Rx Plan is available in the following states:
Contact Humana
Plan Website: | Humana Plan Information |
---|---|
Formulay Information: | Humana Formulary Information |
Pharmacy Information: | Humana Pharmacy Information |
Prospective Members: | (800)706-0872 |
TTY Users: | (711)- |
If you qualify for Original Medicare but have not yet enrolled or verified your enrollment status, you can do so on the Social Security Administration website. You can learn more about the Medicare Advantage program on www.medicare.gov.
Plans Offered
Medicare Advantage and Part D plans and benefits offered by the following carriers: Aetna Medicare, Anthem Blue Cross Blue Shield, Aspire Health Plan, Dean Health Plan, Devoted Health, GlobalHealth, Health Care Service Corporation, Cigna Healthcare, Humana, Molina Healthcare, Mutual of Omaha, Premera Blue Cross, Medica Central Health Plan, SCAN Health Plan, Scott and White Health Plan now part of Baylor Scott & White Health, UnitedHealthcare(R), and Wellcare.
Citations & References
- Humana, "http://www.humana.com/medicare", Last Accessed March 11, 2024
- Medicare.gov, "Explore your Medicare coverage options", Last Accessed March 2, 2024
- Benefits.gov, "Medicare Prescription Drug Plans", Last Accessed March 1, 2024
- Medicare.gov, "Catastrophic coverage", Last Accessed March 13, 2024
- Medicare.gov, "Help with drug costs", Last Accessed February 19, 2024
- CMS.gov, "Landscape Source Files", Last Accessed January 3, 2024
- CMS.gov, "Medicare Part C & D Performance", Last Accessed January 3, 2024