Medicare Prescription Drug Plans in Arizona
Changes to 2022 Medicare Part D in Arizona
People with Medicare benefits in Arizona have more Medicare Part D Plan (PDP) choices in 2022. However, the maximum deductible is now up to $480, up from $445 last year, a $35 increase over last years' maximum deductible. The Initial Coverage LimitOnce 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... has increased to $4,430, a $300 bump over last year. The following will assist you in choosing the best Medicare Part D plan in Arizona at a price that's within your budget.
2022 Medicare Part D Maximum Deductible
The deductible is the amount that you pay before your Medicare Part D plan begins paying its share of the costs. So, if you enroll in a 2022 prescription drug plan with a $480 deductible, you'll spend $480 out-of-pocket before cost-sharing coverage begins. Most Medicare Part D plans have a deductible, but many Medicare Part D plans exclude Tier 1 drugs from the deductible, giving immediate coverage on most generic medications.
2022 Medicare Part D Initial Coverage Limit
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")
Will You Fall Into The 2022 Donut Hole?
After your 2022 gross drug costs have reached $4,330, you will enter the Coverage GapA period of time in which you pay higher cost-sharing for prescription drugs until you spend enough to qualify for catastrophic coverage. phase. This is where you will pay 25% of your medication's retail cost. While the price of generic drugsA 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.
The Lowest Premium May Not Be the Lowest Overall Cost
Choose from the available Part D Medicare plans carefully, and don't settle on a Part D plan until you know that your most expensive medications are covered at a price you can afford. This information is available in the plan's formularyA 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.. You'll find links to the formulary information, pharmacy information, and the customer service phone number on each PDP page (above).
CRITICAL: The best Medicare Part D Plans for you can only be determined by factoring in what you can afford, your regular prescriptions and your health. A bit of time spent on research will pay off in the long run.
Did you Know Most Arizona Medicare Advantage Plans Include Prescription Drug Coverage?
Medicare realizes that one type of plan does not suit everyone. That's why there are two ways to get help with your prescriptions. The Medicare Prescription Drug PlansMedicare 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... above work with Original MedicareOriginal 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.. That's one way. But maybe you'd like even more benefits. That's where Arizona Medicare Advantage Plans come in. Most offer Part D coverage.
Medicare Part D and Supplements Work Together
Thinking about supplemental insurance that can offer you more coverage? It's a smart move. Even with the new health care law, Medicare only covers 80 percent of the hospital and doctor bills incurred by most seniors in the great state of Arizona, leaving you to handle the rest. We make it easy to find the lowest price on the Arizona Medicare Supplement, commonly called a MedigapMedicare 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. plan, you want. The choice is yours, because all Medicare Part D plans are compatible with Arizona Medigap plans.
Getting Medicare Part D with Arizona Medicaid
Arizona seniors who qualify for both Medicare and MedicaidMedicaid is a public health insurance program that provides health care coverage to low-income families and individuals in the United States. (aka, dual eligible or Medi-Medi) may be enrolled in a Arizona Medicare Prescription Drug Plan automatically, as well as Social Security's Extra Help program. The Extra HelpSocial 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... program pays for most of your prescriptions, but only if you meet the strict eligibility requirements. If the dual eligible option does not meet your needs, you have the option to enroll in a Arizona Part D plan that does. If you are already receiving Medicaid, contact your local Medicaid office for assistance in the transition to Medicare.
Frequently Asked Questions About Arizona Medicare Part D Plans
What is best for you may not be best for someone else. It all has to do with where you live and your regular prescriptions. These are some of the top plans in 2022:
The average cost of a Medicare Part D plan in 2022 is about $32. Be aware, though, that this figure is slightly different depending on where you live. The good news is that basic plans start near $20 per month. To check out your options in Arizona, browse to this page.
You can find all of the 2022 Medicare Part D plan information for Arizona right here. You can compare plans, including monthly premiumsA 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. , deductiblesA deductible is an amount a beneficiary must pay for their health care expenses before the health insurance policy begins to pay its share., copaysA copayment, also known as a copay, is a set dollar amount you are required to pay for a medical service., and 5-star ratings.
PDP Eligibility and Availability
You are eligible to enroll in a Arizona PDP plan if:
- You are a resident of the state,
- You are enrolled in Medicare Part AMedicare Part A is hospital coverage for Medicare beneficiaries. It covers inpatient care in hospitals and skilled nursing facilities. It also covers limited home healthcare services and hospice care. and Medicare Part BMedicare Part B is medical coverage for people with Original Medicare benefits. It covers doctor visits, preventative care, tests, durable medical equipment, and supplies. Medicare Part B pays 80 percent of most medically necessary healthcare services., and
- You are age 65+ or have Medicare due to a qualifying disability.
All plans on this page are available to beneficiaries in Scottsdale, Phoenix, Peoria, Surprise, Mesa, Tucson, Tempe, Yuma, Avondale, Buckeye, Chandler, Goodyear, Gilbert, Lake Havasu City, Flagstaff, Bullhead City, and all rural areas of Arizona.
Related: Compare 2022 Medicare Part D Plans in Arizona
Citations & References
medicare.gov- https://www.medicare.gov/plan-compare/
- What Medicare Part D drug plans cover | Medicare https://www.medicare.gov/drug-coverage-part-d/what-medicare-part-d-drug-plans...
- Medicare.gov: the official U.S. government site for Medicare | Medicare https://www.medicare.gov/
- https://www.cms.gov/Medicare/Prescription-Drug-Coverage/PrescriptionDrugCovGe...
- CMS 1696 | CMS http://www.cms.gov/Medicare/CMS-Forms/CMS-Forms/CMS-Forms-Items/CMS012207.htm...
- MACRA: MIPS & APMs | CMS https://www.cms.gov/Medicare/Quality-Initiatives-Patient-Assessment-Instrumen...
- An Overview of the Medicare Part D Prescription Drug Benefit | KFF https://www.kff.org/medicare/fact-sheet/an-overview-of-the-medicare-part-d-pr...
- Medicare Part D: A First Look at Prescription Drug Plans in 2020 – Issue Brie... https://www.kff.org/report-section/medicare-part-d-a-first-look-at-prescripti...
- 10 Things to Know About Medicare Part D Coverage and Costs in 2019 | KFF https://www.kff.org/medicare/issue-brief/10-things-to-know-about-medicare-par...
- Home | State Health Insurance Assistance Programs https://www.shiptacenter.org/
The Medicare Part D information in this directory originates from CMS Landscape Source Files, is maintained by David Bynon and was last updated on .