SilverScript SmartSaver Part D Plan S5601-177 Details for Rhode Island
SilverScript SmartSaver is a 2024 Enhanced Medicare Part D plan from Aetna Medicare that's available to people with Medicare Part A and/or Part B or a Medicare Advantage plan that does not include prescription drug plan benefits.
SilverScript SmartSaver is a cost-sharing plan that has a $15.70 monthly premium, an initial coverage limit of $5,030, a $280.00 annual deductible, and an out-of-pocket threshold of $8,000. CMS rated this plan 3.0 (Average) out of 5 stars.
See more Medicare Part D Plans in Rhode Island.
2025 SilverScript SmartSaver Cost and Coverage
The 2025 cost and coverage information for SilverScript SmartSaver will not be available until early October. We'll notify you when it is available from CMS.
Sign-Up for 2025 Medicare Part D Plan Notification. The 2025 Annual Enrollment Period starts October 15.
| Part D Plan Basics | |
|---|---|
| Plan ID: | S5601-177 |
| Plan Type: | PDP |
| Plan Year: | 2024 |
| Premium: | $15.70/mo |
| Deductible: | $280.00/yr |
| Benefit Type: | Enhanced |
| Rx Gap Coverage: | No |
| Low Income Subsidy: | No |
| Availability: | Rhode Island |
| Insured By: | Aetna Medicare |
Prescription Drug Plan Premium
Although SilverScript SmartSaver'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 Aetna Medicare plan.
| Basic Part D Premium: | $13.30 |
| Supplemental Part D Premium: | $2.40 |
| Total Part D Premium: | $15.70 |
| Part D Premium with Full LIS Assistance: | $2.40 |
The Social Security Extra Help page has more information about the Low-Income Subsidy (“Extra Help”) program.
Prescription Drug Plan Deductible
This plan's Medicare Part D annual deductible is $280.00. You must pay this amount at the pharmacy before Aetna Medicare begins paying its share
NOTE: The deductible does not apply to one or more drug tiers in this plan (see "Prescription Drug Plan Out-of-Pocket Costs" below).
Prescription Drug Plan Out-of-Pocket Costs
In addition to the plan's monthly premium and deductible, SilverScript SmartSaver 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) | $0.00 copay (deductible does not apply) | $8.00 copay (deductible does not apply) |
| 2 (Generic) | $5.00 copay | $12.00 copay |
| 3 (Preferred Brand) | 24% | 24% |
| 4 (Non-Preferred Drug) | 50% | 50% |
| 5 (Specialty Tier) | 29% | 29% |
2024 CMS Rating Marks
Each year the Centers for Medicare & Medicaid Services (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. Here are the most recent CMS ratings for this plan.
Overall, this Medicare Part D plan gets 3.0 out of 5 stars from CMS. Here's a quick summary of how well SilverScript SmartSaver 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 |
The true value of any Medicare Part D plan can only be judged by how well it covers your medications. Although the premium for most enhanced benefit plans is higher than this one, you'll need to make sure it offers greater value in terms of the medications you require. This plan has a deductible, but one tier is excluded (see table above).
Contact Aetna Medicare
| Plan Website: | Aetna Medicare Plan Information |
|---|---|
| Formulay Information: | Aetna Medicare Formulary Information |
| Pharmacy Information: | Aetna Medicare Pharmacy Information |
| Prospective Members: | (866)552-6106 |
| 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 at www.medicare.gov.
Citations & References
- Aetna Medicare, "http://www.aetnamedicare.com", Last Accessed March 11, 2024
- Medicare.gov, "Drug coverage (part D)", Last Accessed March 2, 2024
- Medicare.gov, "How Part D works with other insurance", Last Accessed March 14, 2024
- Medicare.gov, "Costs for Medicare drug coverage", Last Accessed March 3, 2024
- SSA.gov, "Understanding the Extra Help With Your Medicare", Last Accessed March 9, 2024
- CMS.gov, "Landscape Source Files", Last Accessed January 3, 2024
- CMS.gov, "Medicare Part C & D Performance", Last Accessed January 3, 2024
Plans Offered
Medicare Advantage and Part D plans and benefits offered by the following carriers: Aetna Medicare, Anthem Blue Cross Blue Shield, Anthem Blue Cross, Anthem Blue Cross and Blue Shield, Aspire Health Plan, Baylor Scott & White Health Plan, Capital Blue Cross, Cigna Healthcare, Dean Health Plan, Devoted Health, Florida Blue Medicare, Freedom Health, GlobalHealth, Health Care Service Corporation, Healthy Blue, HealthSun, Humana, Molina Healthcare, Mutual of Omaha, Medica Central Health Plan, Optimum HealthCare, Premera Blue Cross, SCAN Health Plan, Simply, UnitedHealthcare(R), Wellcare, WellPoint.