Cigna Medicare Rx Secure-Max Prescription Drug Plan for Louisiana Seniors
|Overall Plan Rating:|
|Coverage Limit (ICL):||$2,850.00|
|Pharmacy Mail Order:||Yes|
|Gap Coverage:||Many Generics, Some Brands|
|Low Income Subsidy:||No|
|PDP ID No:||S5617-235|
|Approved by CMS for:||LA Residents|
|Rx Plan Type:||National|
2014 Medicare Prescription Drug Plan Overview
Cigna Medicare Rx Secure-Max is an approved 2014 Medicare Part D Plan for Louisiana seniors.
The plan's premium is $1,464.00 ($122.00/month). It has a $0.00 deductible (annual). With a zero dollar deductible you have first dollar coverage. Many plans have a policy deductible that must be paid in full prior to receiving prescription coverage assistance.
The formulary ID for this CIGNA Medicare Rx plan is 00014315. The formulary contains 3766 medications.
For all Louisiana seniors with Medicare benefits, there are two situations will change the amount you pay for you drug plan. First, if you qualify for the Extra Help program your premium may be lower. Second, if a premium penalty has been imposed on you for late entry, your premium will be a bit higher.
Here are a few Part D Plans that compare with Cigna Medicare Rx Secure-Max:
- Express Scripts Medicare - Choice
- Transamerica MedicareRx Choice
- First Health Part D Value Plus
- Humana Enhanced
- AARP MedicareRx Preferred
Cigna Medicare Rx Secure-Max Initial Coverage
ICP - the Initial Coverage Phase - is where you share the cost of your prescriptions with your insurance company. You and the carrier each pay your share until you hit the Initial Coverage Limit (ICL). In 2014, the ICL is $2,850. This number is adjusted each year. This plan has no deductible so your initial coverage phase begins immediately.
All prescription medications fall into one of several tiers of the plan's formulary. The formulary tiers are used to manage cost-sharing (e.g., co-payments). Formulary tiers are not standardized. Each insurer can assign drugs to the tier that best suits what they pay for drugs.
The pharmacy co-pay with the Cigna Medicare Rx Secure-Max plan in Louisiana is tiered as follows:
|Tier||Co-Pay Amount||Medications in Tier|
|1||$0.00||477 Preferred Generics|
|2||$4.00||1605 Non-Preferred Generics|
|3||$25.00||556 Preferred Brand Drugs|
|4||$74.00||688 Non-Preferred Brand Drugs|
|5||33%||440 Specialty Drugs|
2014 Medicare Coverage Gap
The Initial Coverage Limit (ICL) is $2,850.00. The prescription drug Coverage Gap (aka, "Donut Hole") is the coverage phase where you must pay all of your medication costs. When you reach the donut hole with the Cigna Medicare Rx Secure-Max plan all depends on your prescriptions. The Gap Coverage with this policy: Many Generics, Some Brands
Low Income Subsidy
This plan is not available to seniors with a low income subsidy (does not qualify for the $0 LIS premium).
Nation wide, the number of seniors using the Cigna Medicare Rx Secure-Max policy is 0. In region 21 (your region) there are approximately 0 people with this policy (based on 2012 CMS statistics).
Related Health Insurance in Louisiana
More Information About CIGNA Medicare Rx
One of the largest health service companies in the US market, Cigna also operates internationally in 29 countries, and has approximately 66 million customer relationships worldwide. Headquartered in Bloomfield, Connecticut, Cigna serves its customers with nearly 30,000 dedicated employees.
The summary (overall) rating for this CIGNA Medicare Rx plan is 3.0 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.
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