MedBlue Rx Plus for South Carolina Seniors
|Medicare Quality Rating:|
|Your Monthly Cost:|
|Your Pharmacy Co-Pay:||$0.00|
|Starting Coverage Limit:||$2,850.00|
|By Mail Order:||Yes|
|Gap Coverage:||Many Generics|
|Low Income Subsidy:||No|
|Medicare Approved for:||SC Residents|
Medicare Prescription Drug Plan Summary
MedBlue Rx Plus is a 2014 Medicare Prescription Drug Plan (Part D) for beneficiaries living in South Carolina.
The monthly premium for this plan is $120.00 ($1,440.00 annually), and the annual deductible is $0.00. With a zero dollar deductible you have first dollar coverage. Many plans have a policy deductible that must be paid in full prior to receiving prescription coverage assistance.
This Blue Cross Blue Shield of South Carolina plan includes 2839 FDA approved medications. The formulary ID 00014110.
Most South Carolina 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.
Here are a few Part D Plans that compare with MedBlue Rx Plus:
- Express Scripts Medicare - Choice
- Transamerica MedicareRx Choice
- First Health Part D Value Plus
- AARP MedicareRx Preferred
- Humana Enhanced
MedBlue Rx Plus 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. That means you receive prescription coverage assistance on day one (first dollar coverage).
All medications are organized into one of several tiers within the insurance carrier's drug formulary. Carriers use the formulary tiers to manage cost-sharing. Formulary tiers are not the same from plan to pan. Insurance carriers assign drugs to the tier tha's best for them.
The pharmacy co-pay with the MedBlue Rx Plus plan in South Carolina is tiered as follows:
|Tier||Co-Pay Amount||Medications in Tier|
|1||$0.00||615 Preferred Generics|
|2||$7.00||1008 Non-Preferred Generics|
|3||$30.00||341 Preferred Brand Drugs|
|4||$95.00||523 Non-Preferred Brand Drugs|
|5||33%||352 Specialty Drugs|
2014 Part D Plan Doughnut 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 MedBlue Rx Plus plan all depends on your prescriptions. The Gap Coverage with this policy: Many Generics
Low Income Subsidy
This plan is not available to seniors with a low income subsidy (does not qualify for the $0 LIS premium).