Aetna Introduces New Low-Cost Prescription Drug Plan (PDP)
November 07 2017 - 09:00AM
Business Wire
$18 average plan premium makes new
stand-alone Part D plan one of the lowest-cost plans available
nationwide in 20181
Aetna (NYSE: AET) announced the launch of Aetna Medicare Rx®
Select (PDP). This new, low-cost prescription drug plan is designed
for active, cost-conscious consumers. The plan will be available
beginning January 1, 2018 in 27 states2 and the District of
Columbia.
Aetna Medicare Rx Select (PDP) features $18 average monthly plan
premiums. It has $0 copays for 80 Tier 1 generic medications at
preferred pharmacies like Kroger, Albertsons Companies’ pharmacies,
Publix and ShopRite. The plan offers enhanced gap coverage and $0
deductible for Tier 1 and Tier 2 generic drugs. These members can
shop at more than 41,500 pharmacies nationally, with over 18,500
preferred pharmacies offering even lower costs for some
medications.
“We know rising prescription drug costs are a big concern for
Medicare beneficiaries,” said Nancy Cocozza, senior vice president
and head of Aetna Medicare. “That’s why we designed a plan that
offers generic drugs at low and predictable costs, with one of the
lowest monthly premiums available nationwide.”
Nationally, Aetna offers three Medicare prescription drug plans
and many Medicare Supplement and Medicare Advantage plans. We’ve
designed plans to help meet the health, lifestyle and financial
goals of Medicare beneficiaries. Additional information on plan
options is available at AetnaPartD.com or by calling
1-833-834-9435 (TTY: 711), 7 days a week, 8 a.m. to 8 p.m.
The Medicare Annual Enrollment Period runs from October 15 through
December 7, 2017.
About AetnaAetna is one of the nation’s leading
diversified health care benefits companies, serving an estimated
44.6 million people with information and resources to help them
make better informed decisions about their health care. Aetna
offers a broad range of traditional, voluntary and
consumer-directed health insurance products and related services,
including medical, pharmacy, dental, behavioral health, group life
and disability plans, and medical management capabilities, Medicaid
health care management services, workers’ compensation
administrative services and health information technology products
and services. Aetna’s customers include employer groups,
individuals, college students, part-time and hourly workers, health
plans, health care providers, governmental units,
government-sponsored plans, labor groups and expatriates. For more
information, see www.aetna.com and learn about how Aetna is helping
to build a healthier world. @AetnaNews
Aetna Medicare is a PDP, HMO, PPO plan with a Medicare contract.
Our SNPs also have contracts with State Medicaid programs.
Enrollment in our plans depends on contract renewal. This
information is not a complete description of benefits. Contact the
plan for more information. Limitations, copayments, and
restrictions may apply. Benefits and/or co-payments/co-insurance
may change on January 1 of each year. Other pharmacies are
available in our network. Members who get “Extra Help” are not
required to fill prescriptions at preferred network pharmacies in
order to get Low Income Subsidy (LIS) copays. The formulary and/or
pharmacy network may change at any time. You will receive notice
when necessary. Aetna Medicare’s pharmacy network offers limited
access to pharmacies with preferred cost sharing in: Suburban NY
and Rural UT, AR and NY. The lower costs advertised in our plan
materials for these pharmacies may not be available at the pharmacy
you use. For up-to-date information about our network pharmacies,
including pharmacies with preferred cost sharing, members please
call the number on your ID card, non-members please call
1-855-338-7027 (TTY: 711) or consult the online pharmacy directory
at http://www.aetnamedicare.com/pharmacyhelp. See Evidence of
Coverage for a complete description of plan benefits, exclusions,
limitations and conditions of coverage. Plan features and
availability may vary by service area.
©2017 Aetna Inc.Y0001_4002_10922 Accepted 10/2017
1 CMS Data, 2018; average monthly plan premium is $18 in 27
states and the District of Columbia.2 AL, AZ, CA, CT, DE, FL, GA,
IL, IN, KY, LA, MA, MD, MI, NC, NJ, NY, OH, PA, RI, SC, TN, TX, VA,
VT, WI, WV
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version on businesswire.com: http://www.businesswire.com/news/home/20171107005997/en/
Aetna Media Contact:Ethan Slavin,
860-273-6095SlavinE@aetna.com
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