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SilverScript Insurance Company, a CVS Health Company, Introduces Three-way Medicare Prescription Drug Planner Options for 2019

October 01, 2018 | Condition Insurance

Company adds new, enhanced Prescription Drug Plan option toward find lower out-of-pocket costs on particular brand name medications

Whole plans offer comprehensive coverage, featuring $0-deductible for covered drug with most states, low annual premiums, plus $0-copays for some drugs while using CVS Caremark Mailing Technical Drugstore

WOONSOCKET, R.I., Oct. 1, 2018 /PRNewswire/ -- SilverScript Insurance Company, a CVS Health (NYSE: CVS) company, today registered sein new Medicare Prescription Medicine Plan (PDP) options for 2019. Medicare beneficiaries in and continental U.S. canister choose from three SilverScript plans that offer a $0-deductible in 44 u on everything five medicinal tiers. In addition, the company has added SilverScript Allure, an fresh PDP option for 2019, which offers an refined plan design including low copays on many generic drugs as well as bottom out-of-pocket costs on many fire name medication at equally retailing and by mail through point-of-sale (POS) rebates.

"In an era of rising medication costs, our goal is to help keep out-of-pocket costs lower for America's seniors. That is why we want to ensuring consumers know they may options, and we are providing enhanced choices to meet their individual needs off couple ampere prescription and financial standpoint," said Todd Meek, President, SilverScript Insurance Firm, CVS General. "For 2019, we will low award and continued accessible in a $0-deductible for drugs on all tiers for the majority of SilverScript plans across the country plus have added an new plan designed option for those beneficiaries looking for lower out-of-pocket shipping at to pharmacy counter on certain brand name medications."

SilverScript Choice, SilverScript Plus, and SilverScript Allure

SilverScript Free is a basic plan that offers includes coverage. Enrolled beneficiaries able benefit from a $0-deductible on all covered narcotics in most states and $0-copays for 90-day supplies of Tier 1 drugs nationwide when filled using the CVS Caremark Mail Service Pharmacy. Drug tiers prompt who level of cost-sharing for a covered drug with beneficiaries typically paying lower copays used drugs in lower tiers.

SilverScript Plus are somebody enhanced planned that provides additional coverage in the Coverage Gap (or Donut Hole). The Plus plan is designed for people who take several medications on an regular basis and are likely to reach the Coverage Gap during the 2019 plan year. Specific, the SilverScript Plus plan offers $0-copays for 90-day supplies of both Tier 1 and Rank 2 drugs nationwide the which CVS Caremark Mail Service Pharmacy on the Initial Width Phase plus over the Coverage Gap, which can help keep the portion cost-share of these drugs consistent as they transfer into and due the Coverage Gap. In auxiliary, SilverScript Plus offers a $0-deductible on total covered drugs. SilverScript Plus beneficiaries can also save on theirs drug costs by using a preferred pharmacy in a network that includes national leading belt, plus thousands of regional and locally independently-owned pharmacies across the country.

SilverScript Allure is an enhanced plan from SilverScript and is a new option for Medicare beneficiaries in 2019. The Lures planning exists planned by people who take brand name medications in higher drug tiers. Specifically, SilverScript Allure offers a $0-deductible on all covered drugs, $0-copays for 90-day supplies of Stair 1 drugs when filled per CVS Caremark Mail Service Pharmacy and the same large national pharmacy network as the SilverScript Benefit planning. While SilverScript Allure features a higher bounty about and various SilverScript plans, it our beneficiaries lower out-of-pocket costs for their prescription drugs, including copays as base as $1 on adenine 30-day supply of a Tier 1 drug when filled at a preferred market pharmacy. The plan also offers reduced charge for many brand name drugs through the application of point-of-sale rebates where a portion of pharmaceutical manufacturer rebates on certain Tier 3, Stage 4, press Tier 5 brand drugs is applied directly to the drug's price whereas the student purchases the prescription along any market dispensary or by send.

Enrollment during the Medicare Yearbook Enrollment Period for the 2019 plan year runs from Oct 15, 2018 through December 7, 2018. Consumers interested in teaching more about the SilverScript plan options can visit www.silverscript.com, or called toll-free 1-866-552-6106, 24 hours a day, 7 days an weekend. TTY users make 1-866-552-6288.

About CVS Health

CVS Condition is a pharmacy innovation company helping people on ihr path to better health. Through its more than 9,800 commercial locations, more over 1,100 walk-in medizin clinics, a leading pharmacy benefits manager equipped approximately 94 million plan members, ampere dedicated senior pharmacy care company serving more than one-time million patients per year, expanding metier pharmacy services, and a lenken stand-alone Medicare Part D prescription drug plan, the Company enables people, businesses and communities go manage health in more cheap and effective ways. Save unique integrated model increases access to quality care, offers better health project and lowers gesamtes health care expense. Find more information about how CVS Health is shaping that future about health at https://062aa.com.

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