Indiana Medicare Part D Plans
Looking for the best Indiana Medicare Part D plan?
With 31 Part D plans available in Indiana for 2012 you may be wondering which is the best. That’s a question that demands an answer patterned to your individual circumstances.
It’s easy to compare Indiana Part D plans to find the lowest premium or locate plans that include extra coverage in the gap but finding the plan best suited to your circumstances requires further research.
The following list is designed to allow you the opportunity to filter plans based on criteria important to you. For instance, you may be interested in comparing Part D plans that have an enhanced formulary or have a minimum Medicare star rating. This list will allow you to do that.
After you have completed some preliminary research you will need to dig a little deeper into the plan formulary. A formulary is the list of covered medications. Not all formularies are the same and can generally be divided into basic and enhanced. The key is to enroll in a Part D plan that covers all your drugs.
Indiana Part D
Anthem Blue Cross and Blue Shield
| Medicare Part D Plan Name | Benefit Type | Premium | Deductible | Gap Coverage | Star Rating |
|---|---|---|---|---|---|
| Blue MedicareRx Standard (PDP) | Basic | $42.30 | $320 | No Gap Coverage | 2.5 |
| Blue MedicareRx Plus (PDP) | Enhanced | $70.90 | $0 | Some Generics | 2.5 |
| Blue MedicareRx Premier (PDP) | Enhanced | $117.10 | $0 | Many Generics and Some Brands | 2.5 |
SilverScript Insurance Company
| Medicare Part D Plan Name | Benefit Type | Premium | Deductible | Gap Coverage | Star Rating |
|---|---|---|---|---|---|
| CVS Caremark Value (PDP) | Basic | $35.30 | $320 | No Gap Coverage | 3 |
| CVS Caremark Plus (PDP) | Enhanced | $85.50 | $0 | No Gap Coverage | 3 |
CIGNA Medicare Rx
| Medicare Part D Plan Name | Benefit Type | Premium | Deductible | Gap Coverage | Star Rating |
|---|---|---|---|---|---|
| CIGNA Medicare Rx Plan Two (PDP) | Enhanced | $67.40 | $0 | Few Generics | 2.5 |
| CIGNA Medicare Rx Plan One (PDP) | Basic | $31.10 | $320 | No Gap Coverage | 2.5 |
Medco Medicare Prescription Plan
| Medicare Part D Plan Name | Benefit Type | Premium | Deductible | Gap Coverage | Star Rating |
|---|---|---|---|---|---|
| Medco Medicare Prescription Plan – Value (PDP) | Basic | $35.20 | $320 | No Gap Coverage | 4 |
| Medco Medicare Prescription Plan – Choice (PDP) | Enhanced | $70.90 | $150 | Many Generics | 4 |
Health Net
| Medicare Part D Plan Name | Benefit Type | Premium | Deductible | Gap Coverage | Star Rating |
|---|---|---|---|---|---|
| Health Net Value Orange Option 2 (PDP) | Enhanced | $80.30 | $0 | No Gap Coverage | 3 |
| Health Net Orange Option 1 (PDP) | Basic | $37.40 | $320 | No Gap Coverage | 3 |
United American Insurance Company
| Medicare Part D Plan Name | Benefit Type | Premium | Deductible | Gap Coverage | Star Rating |
|---|---|---|---|---|---|
| United American – Preferred (PDP) | Enhanced | $55.30 | $80 | No Gap Coverage | 2.5 |
| United American – Select (PDP) | Basic | $35.10 | $320 | No Gap Coverage | 2.5 |
First Health Part D
| Medicare Part D Plan Name | Benefit Type | Premium | Deductible | Gap Coverage | Star Rating |
|---|---|---|---|---|---|
| First Health Part D Premier (PDP) | Basic | $33.60 | $250 | No Gap Coverage | 2.5 |
| First Health Part D Value Plus (PDP) | Enhanced | $25.90 | $0 | No Gap Coverage | 2.5 |
| First Health Part D Premier Plus (PDP) | Enhanced | $101.90 | $0 | Some Generics and Some Brands | 3 |
Community CCRx PDP
| Medicare Part D Plan Name | Benefit Type | Premium | Deductible | Gap Coverage | Star Rating |
|---|---|---|---|---|---|
| Community CCRx Basic (PDP) | Basic | $33.60 | $320 | No Gap Coverage | 3 |
| Community CCRx Choice (PDP) | Enhanced | $79.00 | $0 | No Gap Coverage | 3 |
Aetna Medicare
| Medicare Part D Plan Name | Benefit Type | Premium | Deductible | Gap Coverage | Star Rating |
|---|---|---|---|---|---|
| Aetna CVS/pharmacy Prescription Drug Plan (PDP) | Basic | $26.00 | $320 | No Gap Coverage | 2.5 |
| Aetna Medicare Rx Premier (PDP) | Enhanced | $84.90 | $0 | Many Generics | 2.5 |
UnitedHealthCare
| Medicare Part D Plan Name | Benefit Type | Premium | Deductible | Gap Coverage | Star Rating |
|---|---|---|---|---|---|
| AARP MedicareRx Preferred (PDP) | Basic | $42.40 | $0 | No Gap Coverage | 3 |
| AARP MedicareRx Enhanced (PDP) | Enhanced | $91.80 | $0 | Some Generics | 3 |
Humana Insurance Company
| Medicare Part D Plan Name | Benefit Type | Premium | Deductible | Gap Coverage | Star Rating |
|---|---|---|---|---|---|
| Humana Complete (PDP) | Enhanced | $110.10 | $0 | Many Generics and Some Brands | 3 |
| Humana Enhanced (PDP) | Enhanced | $40.00 | $0 | No Gap Coverage | 3 |
| Humana Walmart-Preferred Rx Plan (PDP) | Basic | $15.10 | $320 | No Gap Coverage | 3 |
HealthSpring Prescription Drug Plan
| Medicare Part D Plan Name | Benefit Type | Premium | Deductible | Gap Coverage | Star Rating |
|---|---|---|---|---|---|
| HealthSpring Prescription Drug Plan-Reg 15 (PDP) | Basic | $37.70 | $320 | No Gap Coverage | 2.5 |
WellCare
| Medicare Part D Plan Name | Benefit Type | Premium | Deductible | Gap Coverage | Star Rating |
|---|---|---|---|---|---|
| WellCare Signature (PDP) | Enhanced | $68.60 | $0 | No Gap Coverage | 3.5 |
| WellCare Classic (PDP) | Basic | $37.10 | $320 | No Gap Coverage | 3.5 |
Bravo Health
| Medicare Part D Plan Name | Benefit Type | Premium | Deductible | Gap Coverage | Star Rating |
|---|---|---|---|---|---|
| BravoRx (PDP) | Basic | $36.70 | $320 | No Gap Coverage | 2.5 |
EnvisionRx Plus
| Medicare Part D Plan Name | Benefit Type | Premium | Deductible | Gap Coverage | Star Rating |
|---|---|---|---|---|---|
| EnvisionRxPlus Silver (PDP) | Basic | $33.30 | $320 | No Gap Coverage | 2.5 |
| Rite Aid EnvisionRxPlus (PDP) | Enhanced | $68.10 | $0 | Some Generics | 2.5 |
What’s not in the list
Medicare Part D drug plans include a lot of variables. Other than the criteria contained in the tables above, the formulary is the most important feature of any plan. After all, if your drugs are not covered, it’s not going to do you much good. But there are other considerations as well.
Drug Tier Placement
Drugs are often listed in different tiers from one company to the next. It’s not uncommon for one plan to include a drug in tier 2 while another plan includes the same drug in tier 3. Tiers are directly related to your out-of-pocket costs. Be sure to take this into consideration when comparing Medicare drug plans.
Copayment and Coinsurance Amounts
When the Part D program was initially introduced in 2006 most plans had set copayment amounts for most tiers or all but the highest tier. This is no longer the case. Many plans require a percentage of the drug cost, also known as coinsurance, for each drug and often for multiple tiers. Not knowing what a plan pays for a drug makes it very difficult to calculate your prescription costs.
Preferred and Non-Preferred Pharmacies
Many Part D plans now offer lower copayments or coinsurance amounts if you use preferred pharmacies. Pharmacies are usually large regional chains like Rite Aid or national pharmacies such as Walmart. Consider the overall plan before you jump at a price leader.
Mail Order and Ancillary Benefits
If plans that you are comparing are very similar the mail order benefit or the extras may be the tipping point. Some plans will deliver tier 1 drugs through the mail for a $0 copay and to attract members some plans will include discounts on additional health and wellness products and services.
If you take all the above information into account you should be able to find the best Indiana Medicare Part D plan to suit your needs. Keep in mind that plans are good for one calendar year and you will have the opportunity to drop, switch or enroll in a plan during the annual Open Enrollment Period which begins October 15th and ends December 7th each year.
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