CIGNA Announces New Medicare Part D Plans for 2007
October 02 2006 - 11:56AM
PR Newswire (US)
Features of CIGNATURE Rx(SM) Include Lower Premiums, Online
Enrollment And Cost Tools BLOOMFIELD, Conn., Oct. 2
/PRNewswire-FirstCall/ -- CIGNA HealthCare today unveiled its
comprehensive, cost-competitive 2007 Medicare Part D plans for
Medicare-eligible individuals nationwide.* "We are excited to be
offering the same great CIGNATURE Rx product we had in 2006 at a
better price in 2007," said Terri Swanson, vice president of CIGNA
Senior Care. "We took the best features of our 2006 Medicare Part D
plans - simple, easy to understand designs, comprehensive drug
coverage and personal service - and enhanced them in 2007 with what
is important to consumers - more cost savings." CIGNATURE Rx will
again offer three plans at varying costs. The Value Plan has the
lowest premiums and co-payments and features free generic drugs and
a deductible for brand drugs before coverage begins. The Plus Plan
is aimed at beneficiaries who want immediate coverage at an
affordable cost and has low premiums and no deductibles. The
Complete Plan is ideal for beneficiaries who want immediate and
continuous coverage for generic drugs without gaps in the so-called
"doughnut hole." The 2007 CIGNATURE Rx plans include the following
features: - Lower premiums, on national average, for all three Part
D plans; - Free generic drugs in the lowest cost plan; - Broad
coverage for commonly prescribed Medicare drugs; - Enhanced website
with online enrollment and online savings comparison tool; - Strong
broker support to assist consumers in making the best decisions for
their needs; - More than 55,000 participating pharmacies
nationwide; - Home delivery discounts through CIGNA Tel-Drug home
delivery pharmacy; - For all CIGNATURE Rx members, access to the
Healthy Rewards Member Discount program that offers savings up to
62 percent off health and wellness products and services including
eye exams, eyewear and contacts, hearing exams and aids, vitamins
and herbal supplements, magazine discounts and more. For detailed
information on CIGNATURE Rx, go to
http://www.cigna.com/health/consumer/medical/cignaturerx,
accessible from http://www.cigna.com/. Enrollment Potential
Medicare beneficiaries will select their pharmacy plans Nov. 15,
2006 through Dec. 31, 2006 for coverage that will take effect in
January of 2007. Approximately four million Medicare beneficiaries
did not obtain prescription drug coverage in 2006, and another
three million people are expected to "age-in" to Medicare
eligibility as they turn 65 in 2007. A recent J.D. Power and
Associates report indicates approximately 19.5 percent of
beneficiaries in Part D plans will "definitely" or "probably" shop
for a new plan in 2007, representing 3.2 million individuals.**
About CIGNA CIGNA will offer its Medicare Part D plans in all 50
states and the District of Columbia in alliance with NationsHealth,
Inc. (NASDAQ:NHRXNASDAQ:NHRXUNASDAQ:NHRXW). The alliance combines
CIGNA's pharmacy product capabilities with NationsHealth's
experience in service and distribution to the Medicare population.
CIGNA HealthCare, headquartered in Bloomfield, CT, provides medical
benefits plans, dental coverage, behavioral health coverage,
pharmacy benefits, and products and services that integrate and
analyze information to support consumerism and health advocacy.
"CIGNA" and "CIGNA HealthCare" refers to various operating
subsidiaries of CIGNA Corporation (NYSE:CI). Products and services
are provided by these operating subsidiaries and not by CIGNA
Corporation *Pending contract notification from the Centers for
Medicare and Medicaid Services (CMS). CIGNA HealthCare submitted
bids to become a national Medicare Part D prescription drug plan
provider for 2007. **J.D. Power and Associates 2006 Medicare Part D
Beneficiary Satisfaction Study, September, 2006 DATASOURCE: CIGNA
HealthCare CONTACT: Gloria Barone of CIGNA HealthCare,
+1-215-761-4758, or Web site: http://www.cigna.com/
http://www.cigna.com/health/consumer/medical/cignaturerx Company
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