Humana Walmart Rx Plan for Washington Seniors
|Medicare Quality Rating:|
|Your Monthly Cost:|
|Your Pharmacy Co-Pay:||$310.00|
|Starting Coverage Limit:||$2,850.00|
|By Mail Order:||Yes|
|Gap Coverage:||No Gap Coverage|
|Low Income Subsidy:||No|
|Medicare Approved for:||WA Residents|
Medicare Prescription Drug Plan Summary
Humana Walmart Rx Plan is an approved Medicare Prescription Drug Plan (Part D) for seniors in Washington.
The plan's premium is $151.20 ($12.60/month). It has a $310.00 deductible (annual). For 2014, the maximum Part D deductible is $310. This amount adjusts slightly each year.
This Humana Insurance Company plan includes 3189 FDA approved medications. The formulary ID 00014055.
Most Washington seniors with Medicare pay the published amount for their Part D plan. However, if you qualify for the Extra Help program, your premium may be lower or cost nothing. If you entered the Part D program late, a penalty may be imposed and your premium will be higher.
Be sure to compare this Part D Plan with these plans from other insurers:
- Windsor Rx
- Express Scripts Medicare - Value
- Asuris Medicare Script Basic
- First Health Part D Premier Plus
- Asuris Medicare Script Enhanced
Humana Walmart Rx Plan Initial Coverage
ICP - the Initial Coverage Phase - is where you share the cost of your prescriptions with your insurance company. You and the carrier each pay your share until you hit the Initial Coverage Limit (ICL). In 2013, the ICL is $2,850. This number is adjusted each year. This plan has a deductible that you must pay before ICP cost-sharing ICP begins.
All prescription medications fall into one of several tiers of the plan's formulary. The formulary tiers are used to manage cost-sharing (e.g., co-payments). Formulary tiers are not standardized. Each insurer can assign drugs to the tier that best suits what they pay for drugs.
The pharmacy co-pay with the Humana Walmart Rx Plan plan in Washington is tiered as follows:
|Tier||Co-Pay Amount||Medications in Tier|
|1||$1.00||249 Preferred Generics|
|2||$4.00||815 Non-Preferred Generics|
|3||20%||715 Preferred Brand Drugs|
|4||39%||1059 Non-Preferred Brand Drugs|
|5||25%||351 Specialty Drugs|
2014 Medicare Part D Donut Hole
The Initial Coverage Limit (ICL) is $2,850.00. The prescription drug Coverage Gap (aka, "Donut Hole") is the coverage phase where you must pay all of your medication costs. When you reach the donut hole with the Humana Walmart Rx Plan plan all depends on your prescriptions. The Gap Coverage with this policy: No Gap Coverage
Low Income Subsidy
If you have LIS benefits, this Part D plan is not available to you.