AARP MedicareRx Preferred Prescription Plan for New York Medicare Beneficiaries

AARP MedicareRx Preferred (PDP) Prescription Medication Plan by UnitedHealthcare for New York Seniors with Medicare Benefits.
Overall Plan Rating:This Medicare drug plan has an average rating of 3.5
Monthly Premium:
$43.70
Pharmacy Co-Pay:$0.00
Coverage Limit (ICL):$2,970.00
Pharmacy Mail Order:Yes
Gap Coverage:No Gap Coverage
Low Income Subsidy:No
Medicare Formulary:3614
PDP ID No:S5805-001
Plan Year:2013
Approved by CMS for: NY Residents
Rx Plan Type:National
Est. Regional Members:245535
THIS IS ARCHIVE DATA, NOT A CURRENT YEAR PAGE.

2018 Medicare Prescription Medication Plan Overview

Healthy New York Medicare Part D Plan: AARP MedicareRx Preferred (PDP) S5805-001AARP MedicareRx Preferred (PDP) is an approved Medicare Prescription Drug Plan (Part D) for New York seniors.

The annual premium is $524.40 ($43.70 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 UnitedHealthcare formulary ID for this plan is 00012261, and it features 3614 FDA approved medications.

For all New York 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 AARP MedicareRx Preferred:

AARP MedicareRx Preferred 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 AARP MedicareRx Preferred (PDP) plan in New York is tiered as follows:

Tier  Co-Pay AmountMedications in Tier
1$4.0057 Preferred Generics
2$8.001226 Non-Preferred Generics
3$42.001153 Preferred Brands
4$91.00741 Non-Preferred Brands
533%437 Specialty Medications

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

AARP MedicareRx Preferred (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 AARP MedicareRx Preferred (PDP) plan depends on your specific prescriptions.

The Gap Coverage with this policy: You must pay the $3727.50.

Plan Members

Nationwide, the number of seniors using the AARP MedicareRx Preferred policy is 4,032,058. In region 3 (your region) there are approximately 245,535 people with this policy (based on 2011 CMS statistics).

More Information About UnitedHealthcare

United Healthcare is an operating division of UnitedHealth Group, the largest single health carrier in the United States. UnitedHealth Group is a diversified managed health care company headquartered in Minnetonka, Minnesota, USA. They offer a spectrum of products and services through two operating businesses: United Healthcare and Optum.

Through its family of subsidiaries and divisions, UnitedHealth Group serves approximately 70 million individuals nationwide. In 2010, the company posted a net income of $4.6 billion.

The summary (overall) rating for this plan is 3.5 out of 5 based on reviews from 245535 user ratings from the previous year. For more information about the review process, visit http://cms.gov.

New York 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.