A person enrolled in Medicare Part-D of the Humana Walmart Preferred Rx Plan, PDP, may save an estimated average of more than $450 in 2011 on monthly plan premiums, prescription medication co-payments and cost shares- according to correspondence from Walmart’s spokes-woman Carol McCormick.
A nation-wide monthly plan premium of less than $15 a month is the lowest plan premium in 2011 for a stand-alone Medicare Part D prescription drug plan offered in all 50 states, and Washington, D.C., per McCormick.
No matter where a person lives, the monthly plan premium is still $14.80 a month.
There’s an in-store co-pay on generic prescriptions that start as low as $2 when plan members use preferred pharmacies like Walmart, Neighborhood Markets or Sam’s Club pharmacies. Co-pays increase when prescriptions are filled at non-preferred pharmacies.
“One of the primary goals of health care reform is to make health coverage more affordable – and that’s what we’re doing with the introduction of this Medicare Part D plan,” explained William Fleming, PharmD, vice president of Humana Pharmacy Solutions. “People are more likely to take the medications prescribed for them when they can afford those medications. And adhering to prescription-drug regimens can enable people to be healthier and prevent future illness. At Humana, we believe that this prevention helps people live healthier lives and achieve lifelong well-being.”
“We know every dollar counts, especially when you live on a fixed income. We believe no one should have to choose between buying their groceries or their medications,” shared John Agwunobi, M.D., president of Walmart’s Health and Wellness division. “Financial health is a fundamental part of a person’s well-being. At Walmart, the customer is always front and center, and that is why we are committed to doing everything we can to ensure seniors have access to the medications they need at a price they can afford.”
Monday, November 15, people eligible for Medicare will be able to sign-up for Humana’s new Medicare Part D plan, partnered with Walmart.