WOONSOCKET, R.I., Oct. 13, 2016 /PRNewswire/ -- SilverScript
Insurance Company, a CVS Health (NYSE: CVS) company, today
announced its new Medicare Prescription Drug Plan (PDP) options for
2017. Medicare beneficiaries in the continental U.S. can choose
from two SilverScript plans that offer a $0-deductible on formulary drugs in all five
tiers, affordable copays and competitive premiums. In addition,
SilverScript beneficiaries have access to one of the broadest
pharmacy networks, with more than 66,000 participating pharmacies
across the country, including national and regional chains and
independently-owned, community-based pharmacies.
"Our plans are unique in that our beneficiaries will continue to
have access to a $0-deductible for
drugs on all tiers of the formulary, not just for lower-tier drugs
that are primarily generics, and SilverScript is the only national
basic plan with this feature," said Todd
Meek, president, SilverScript Insurance Company, CVS
Health.
SilverScript will provide two innovative Part D plan options in
2017: SilverScript Choice and SilverScript Plus. SilverScript
Choice is a basic plan that offers comprehensive coverage with
competitive premiums and the same affordable copay at every
pharmacy in the network, and SilverScript Plus is an enhanced plan
that provides additional coverage in the Coverage Gap (Donut Hole).
The Plus plan is designed for people who take several medications
on a regular basis and are likely to reach the Coverage Gap during
the 2017 plan year.
SilverScript Awarded 4-star High Performer Rating Issued by
CMS
SilverScript maintained its 4-star performance rating
from CMS for 2017, surpassing industry standards in delivering
value, clinical outcomes and customer service. CMS annually
evaluates and rates plan performance of Medicare Part D
prescription drug plans based on quality, value and service
measures. Plans are scored on a scale of one to five, with five
stars being the highest achievable rating.
"Few plans achieve a 4-star or higher rating from CMS, and we
are focused on continued improvement as we strive to maintain our
performance and quality rating," added Meek. "As an objective tool,
the CMS Star Ratings system is also a helpful way for Medicare
eligible individuals who are making annual coverage elections to
easily identify which prescription drug plans will offer high
quality service and value and be assured of industry-leading
coverage."
Enrollment for the 2017 plan year begins on October 15, 2016, through December 7, 2016. Consumers interested in
learning more about the SilverScript plan options can visit
www.silverscript.com, or call toll-free 1-866-552-6106, 24 hours a
day, 7 days a week. TTY users call 1-866-552-6288.
About CVS Health
CVS Health is a pharmacy innovation
company helping people on their path to better health. Through its
more than 9,600 retail pharmacies, more than 1,100 walk-in medical
clinics, a leading pharmacy benefits manager with nearly 80 million
plan members, a dedicated senior pharmacy care business serving
more than one million patients per year, and expanding specialty
pharmacy services, the Company enables people, businesses and
communities to manage health in more affordable and effective ways.
This unique integrated model increases access to quality care,
delivers better health outcomes and lowers overall health care
costs. Find more information about how CVS Health is shaping the
future of health at https://www.cvshealth.com.
Media Contacts:
Christine
Cramer
CVS
Health
401-770-3317
christine.cramer@cvshealth.com
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SOURCE CVS Health