Guide to 2025 Medicare Part D Plans in Oregon
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Medicare Part D is a vital component of your healthcare coverage, especially when it comes to managing prescription drug costs. In Oregon, you have 14 Medicare Part D plans to choose from this year, with an average deductible of $475 per year. But, there are 2 plans with a zero-dollar deductible.
Our guide is designed to help you understand the essentials of Medicare Part D, including what’s covered and how to select the best plan for your situation. For a deeper dive into Medicare Part D, don't miss our comprehensive article on Medicare Part D.
Oregon Medicare Part D Plans
| Plan Name | Premium | Deductible | Rating |
|---|---|---|---|
| AARP Medicare Rx Preferred from UHC | $83.80 | $0 | |
| AARP Medicare Rx Saver from UHC | $37.40 | $590 | |
| Cigna Healthcare Assurance Rx | $0.00 | $590 | |
| Cigna Healthcare Extra Rx | $67.20 | $175 | |
| Cigna Healthcare Saver Rx | $0.00 | $590 | |
| Clear Spring Health Premier Rx | $72.50 | $590 | |
| Clear Spring Health Value Rx | $5.90 | $590 | |
| Humana Basic Rx Plan | $7.90 | $590 | |
| Humana Premier Rx Plan | $110.10 | $0 | |
| Humana Value Rx Plan | $22.40 | $573 | |
| SilverScript Choice | $35.90 | $590 | |
| Wellcare Classic | $6.30 | $590 | |
| Wellcare Medicare Rx Value Plus | $102.40 | $590 | |
| Wellcare Value Script | $0.00 | $590 |
Understanding Medicare Part D Plans
Medicare Part D plans are sold by private insurance companies and are designed to help cover the cost of prescription drugs. These plans must cover medications in all essential drug categories, but they might not include your specific medication. It's important to check each plan's formulary, which divides drugs into tiers to determine pricing.
It's important to note that while Part D covers many prescriptions, it typically does not include medications administered during a doctor’s visit or hospital stay—these are covered under Medicare Part B. Your out-of-pocket costs will vary depending on the coverage phase you’re in, such as the deductible phase or the initial coverage phase.
Most Part D plans have preferred pharmacy networks that offer lower prices for medications. Make sure your preferred pharmacy is within the plan’s network to maximize savings. Also, keep in mind that Medicare Part D plans can change annually, so it’s important to review your plan during the Annual Enrollment Period (AEP) to ensure it continues to meet your healthcare needs.
Exploring Medicare Part D: Coverage and Costs in Oregon
Understanding Part D Costs
Medicare Part D plans come with various costs, including premiums, deductibles, and out-of-pocket expenses. It's important to understand these costs to choose a plan that fits your budget.
Monthly Premiums
Premiums for Medicare Part D plans vary depending on the plan and provider. In Oregon, the average premium is $39.41 per month, with some plans offering premiums as low as $0.00. Depending on your income, you may qualify for assistance to help pay your premiums.
Annual Deductibles
Deductibles are the amount you pay out-of-pocket before your Part D plan begins to cover the cost of your medications. In Oregon, the average deductible is $475, but there are 2 plans available that have a zero-dollar deductible.
Copayments and Coinsurance
Once you've met your deductible, you'll typically pay either a copayment or coinsurance for your medications. Copayments are a fixed amount, while coinsurance is a percentage of the drug's cost. These amounts vary by plan and the tier of the drug you're purchasing.
Formulary and Tiered Pricing
A formulary is a list of covered medications for each Medicare Part D plan. Drugs are often grouped into tiers, with each tier having different costs. Higher-tier drugs generally cost more, so it’s essential to review the formulary of each plan to ensure your medications are covered at a cost you can afford.
The Coverage Gap ("Donut Hole")
Good news. As of January 1, 2025, the Medicare Part D coverage gap, also known as the "donut hole," has been phased out.
The coverage gap, also known as the "donut hole," is a temporary limit on what the drug plan will cover for prescription drugs. Once you and your plan have spent a certain amount on covered drugs, you enter the gap, where you might pay more out-of-pocket. However, there are 0 plans in Oregon that offer additional coverage during this phase.
Catastrophic Coverage
After your out-of-pocket costs reach a certain threshold, you enter the catastrophic coverage phase, where you’ll pay significantly lower copayments or coinsurance for the rest of the year. This phase ensures that your costs are kept manageable even if you have high prescription drug expenses.
Low-Income Subsidy (LIS)
The Low-Income Subsidy (LIS), or Extra Help, is a program that helps lower the cost of Medicare Part D for those who qualify. In Oregon, there are 0 plans that offer full LIS benefits, making medications more affordable for those with limited income and resources.
Making Informed Choices
When selecting a Medicare Part D plan, it’s important to consider both the costs and the coverage options. By understanding the premiums, deductibles, copayments, and other cost factors, you can choose a plan that aligns with your prescription needs and financial situation.
Tips for Choosing a Medicare Part D Plan in Oregon
Medicare prescription drug plans are compatible with Medicare Parts A and B, all Medicare Supplement Plans (Medigap), and Medicare Advantage plans that do not include prescription drug coverage. However, you cannot enroll in a stand-alone Part D plan if you have a Medicare Advantage plan that includes prescription coverage as an extra benefit.
Choosing the best Medicare Part D plan for you can be challenging, especially with 14 plans available in Oregon. To simplify your decision, consider these essential factors:
1. Carefully Review the Formulary
Each Medicare Part D plan has a formulary, a list of covered drugs. Reviewing the formulary to ensure that your medications are included is essential. Pay attention to the drug tiers, as these will determine your out-of-pocket costs.
2. Compare Premiums and Deductibles
Premiums and deductibles can vary significantly between plans. Look at the monthly premium and annual deductible to find a plan that fits your budget. Remember, a lower premium might mean a higher deductible, so consider your overall prescription drug needs.
3. Consider Pharmacy Networks
Many Medicare Part D plans have preferred pharmacy networks that offer lower medication prices. Check if your preferred pharmacy is in-network to maximize your savings. Also, consider whether the plan offers mail-order pharmacy options, which can be more convenient and sometimes cheaper.
4. Check for Coverage in the Donut Hole
The coverage gap, or "donut hole," is a phase where you may pay more out-of-pocket for your prescriptions. Some plans offer additional coverage during this phase, so if you anticipate high medication costs, look for plans that provide extra protection.
5. Evaluate Star Ratings
Medicare assigns star ratings to Part D plans based on quality and performance. Higher-rated plans often provide better service and satisfaction. When possible, consider choosing a plan with a strong star rating to ensure you receive quality coverage.
6. Consider Low-Income Subsidy (LIS) Options
If you qualify for the Low-Income Subsidy (LIS), some plans may offer reduced costs for premiums, deductibles, and copayments. If you think you may be eligible, look for plans that provide full LIS benefits.
By following these steps, you can find a Medicare Part D plan that aligns with both your health needs and financial situation. Be sure to review your plan options each year, as benefits and costs can change.
Understanding Creditable Coverage and Late Enrollment Penalties
Creditable coverage refers to prescription drug coverage that is at least as good as Medicare Part D. If you have creditable coverage through an employer, union, or another source, you can delay enrolling in a Medicare Part D plan without facing a late enrollment penalty. However, if your coverage is not creditable and you don’t enroll in a Part D plan when first eligible, you may incur a late enrollment penalty that will be added to your Part D premium.
How to Determine if Your Coverage Is Creditable
Your insurance provider should inform you annually if your prescription drug coverage is considered creditable. This notice is essential to keep for your records as proof in case you decide to enroll in a Part D plan later. If you're unsure, contact your provider to confirm whether your current coverage qualifies as creditable.
The Late Enrollment Penalty Explained
The late enrollment penalty is calculated based on the number of months you went without creditable coverage. The penalty is 1% of the national base beneficiary premium multiplied by the number of uncovered months, and it is added to your monthly Part D premium. This penalty is permanent, so it's important to enroll in a Medicare Part D plan as soon as you lose creditable coverage to avoid extra costs.
How to Enroll in a Medicare Part D Plan
Enrolling in Medicare Part D is essential to securing prescription drug coverage. The process is governed by specific enrollment periods, each designed to give you opportunities to join, switch, or update your plan. Knowing when and how to enroll can help you get the necessary coverage without delay.
Initial Enrollment Period (IEP)
The Initial Enrollment Period is a 7-month window that begins 3 months before the month you turn 65, includes your birthday month, and ends 3 months after your birthday month. During this time, you can enroll in a Medicare Part D plan for the first time.
Annual Enrollment Period (AEP)
The Annual Enrollment Period runs from October 15 to December 7 each year. During this period, you can enroll in a Part D plan, switch plans, or drop your current plan. Changes made during AEP take effect on January 1 of the following year.
Medicare Advantage Open Enrollment Period (OEP)
The Medicare Advantage Open Enrollment Period occurs from January 1 to March 31. If you’re enrolled in a Medicare Advantage plan, you can switch to a different Medicare Advantage plan or return to Original Medicare and enroll in a standalone Part D plan during this time.
Understanding these enrollment periods is vital to maintaining continuous Medicare Part D coverage. To learn more about when and how to enroll, check out our detailed article on Medicare Enrollment Periods.
Plans Offered
Medicare Advantage and Part D plans and benefits offered by the following carriers: Aetna Medicare, 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.
Citations & References
- Medicare.gov, "Drug coverage basics", Last Accessed March 1, 2025
- Medicare.gov, "How Part D works with other insurance", Last Accessed July 14, 2024
- Medicare.gov, "Costs for Medicare drug coverage", Last Accessed August 3, 2024
- Medicare.gov, "Your coverage options", Last Accessed June 6, 2024
- SSA.gov, "Extra Help with Medicare Prescription Drug Plan Costs", Last Accessed March 10, 2025
- CMS.gov, "Landscape Source Files", Last Accessed March 1, 2025
- CMS.gov, "Medicare Part C & D Performance", Last Accessed March 1, 2025