What Medicare Rx Plans Does AARP Offer?
Three prescription drug plans will be offered in 2007. They are AARP Medicare Rx Plan, AARP Medicare Rx Plan – Enhanced, and AARP Medicare Rx Plan – Saver. Each plan may have one or more of the four tiers (co-pay/co-insurance coverage levels) offered for you to choose from.
Description of Tiers and Co-Pay
* Tier 1 – This has the lowest co-pay and includes most generic drugs.
* Tier 2 – This has the medium co-pay and includes preferred brand name drugs.
* Tier 3 – This has higher co-pay and includes non-preferred drugs.
* Specialty Tier – This is the highest cost co-insurance.
Each of the three plan options is unique. Listed below are the items covered by each plan.
AARP Medicare Rx Plan
* Includes 100% of the drugs covered by Medicare Part D
* Mid-priced premium
* Flat and simple co-pays
* No deductible
* Over 60,000 participating network pharmacies
AARP Medicare Rx Plan – Enhanced
* Includes 100% of the drugs covered by Medicare Part D
* Tier 1 generic drug coverage (w/in coverage gap)
* Bonus drug list (drugs not covered by Medicare Part D)
* Flat and simple co-pays
* No deductible
* Over 60,000 participating network pharmacies
AARP Medicare Rx Plan – Saver
* Low monthly premiums
* Low co-pays
* Annual deductible ($265)
* Includes 100% of the drugs covered by Medicare Part D