SmartD Rx Plus Prescription Plan for Colorado Medicare Beneficiaries

SmartD Rx Plus (PDP) Prescription Medication Plan by SmartD Rx for Colorado Seniors with Medicare Benefits.
Overall Plan Rating:This Medicare drug plan has an average rating of 0.0
Monthly Premium:
$73.50
Pharmacy Co-Pay:$0.00
Coverage Limit (ICL):$2,970.00
Pharmacy Mail Order:No
Gap Coverage:Some Generics
Low Income Subsidy:No
Medicare Formulary:0
PDP ID No:S0064-062
Plan Year:2013
Approved by CMS for: CO Residents
Rx Plan Type:National
Est. Regional Members:0
THIS IS ARCHIVE DATA, NOT A CURRENT YEAR PAGE.

2018 Medicare Prescription Medication Plan Overview

Healthy Colorado Medicare Part D Plan: SmartD Rx Plus (PDP) S0064-062SmartD Rx Plus (PDP) is an approved Medicare Prescription Drug Plan (Part D) for Colorado seniors.

The annual premium is $882.00 ($73.50 monthly), and it carries a $0.00 deductible on all prescribed medications. Since it has a zero dollar deductive, you have coverage from the first dollars spent. Note that many plans have a policy deductible that must be paid in full prior to receiving prescription coverage assistance.

The SmartD Rx formulary ID for this plan is UNKNOWN, and it features 0 FDA approved medications.

For all Colorado seniors with Medicare benefits, there are two conditions that can change the amount you pay for your plan. The first is quailfying for the Extra Help program, which lowers your premium. The second is the opposite: if a premium penalty has been imposed on you for not enrolling right away at age 65 open enrollment, then your premium will be marginally higher.

Below are a few plans that are comparable to SmartD Rx Plus:

SmartD Rx Plus Initial Coverage

In the ICP (Initial Coverage Phase) the cost of your prescriptions is shared with your insurance company. You and the carrier each pay your share (as determined by the plan) until you reach the Initial Coverage Limit (ICL). In 2013, the ICL is $2,970 and this number changes each year. No deductible means your initial coverage phase begins immediately.

Each prescription medication is put into a tier within each Medicare Part D plan's drug formulary. Different tiers have different levels of cost-sharing. It's important to note that these tiers are not completely standardiszed and your prescriptions may be found in different tiers on differnt plans. This is why we provide access to all Part D plans' drug formularies, so you can compare what the cost is for your prescription drugs for different Part D plasn in your area.

The pharmacy co-pay with the SmartD Rx Plus (PDP) plan in Colorado is tiered as follows:

Tier  Co-Pay AmountMedications in Tier
10 Preferred Generics
20 Non-Preferred Generics
30 Preferred Brands
40 Non-Preferred Brands
50 Specialty Medications

The Initial Coverage Limit (ICL) is $2,970.00. This prescription plan does not qualify for the $0 LIS premium.

SmartD Rx Plus (PDP) 2013 Coverage Gap

The Coverage Gap (aka, "Donut Hole") is the coverage phase where you must pay all of your medication costs. Some plans provide donut hole coverage, and if you think that your drug costs will be high enough to get to this level, you should consider a plan with donut hole coverage. You can learn more about costs in the donut hole by reading What is the Medicare Part D Donut Hole? How long it will take you to reach the donut hole with the SmartD Rx Plus (PDP) plan depends on your specific prescriptions.

The Gap Coverage with this policy: 10% to 65% of formulary generics are covered, but you must pay for Brand Drugs up to $3727.50.

Plan Members

Nationwide, the number of seniors using the SmartD Rx Plus policy is 0. In region 27 (your region) there are approximately 0 people with this policy (based on 2011 CMS statistics).

More Information About SmartD Rx

Smart Insurance Company Holdings teamed with RxAlly (www.rxally.com), an alliance of more than 22,000 pharmacies nationwide, including independent pharmacies and national and regional chains, to form a national network.

The summary (overall) rating for this plan is 0.0 out of 5 based on reviews from 0 user ratings from the previous year. For more information about the review process, visit http://cms.gov.

Colorado Medicare Part D Plans

 
MedicareBenefits.us is not associated with the federal government. All plan information provided on this site is collected from public sources (e.g., cms.gov, carrier's website, plan brochures, etc.). Rates shown are for comparison purpose only. Contact your Medicare agent or Medicare.gov for a binding quote.