Cigna Medicare Rx Secure-Xtra Prescription Drug Plan for Rhode Island Seniors
|Overall Plan Rating:|
|Coverage Limit (ICL):||$2,850.00|
|Pharmacy Mail Order:||Yes|
|Gap Coverage:||No Gap Coverage|
|Low Income Subsidy:||No|
|PDP ID No:||S5617-247|
|Approved by CMS for:||RI Residents|
|Rx Plan Type:||National|
2014 Medicare Prescription Drug Plan Overview
Cigna Medicare Rx Secure-Xtra is an approved 2014 Medicare Part D Plan for Rhode Island seniors.
The plan's premium is $698.40 ($58.20/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.
CIGNA Medicare Rx's formulary ID for this plan is 00014314, and it features 3618 FDA approved medications.
Most Rhode Island seniors with Medicare pay the published amount for their Part D plan. However, if you qualify for the Extra Help due to low income, your premium may be lower or cost nothing. If you entered the Part D program late, a penalty may be imposed and your premium will be higher.
Here are a few Part D Plans that compare with Cigna Medicare Rx Secure-Xtra:
- Blue MedicareRx Premier
- First Health Part D Premier Plus
- Express Scripts Medicare - Choice
- Transamerica MedicareRx Choice
- First Health Part D Value Plus
Cigna Medicare Rx Secure-Xtra 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. That means you receive prescription coverage assistance on day one (first dollar coverage).
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-Xtra plan in Rhode Island is tiered as follows:
|Tier||Co-Pay Amount||Medications in Tier|
|1||$0.00||408 Preferred Generics|
|2||$5.00||1668 Non-Preferred Generics|
|3||$38.00||548 Preferred Brand Drugs|
|4||$87.00||554 Non-Preferred Brand Drugs|
|5||33%||440 Specialty Drugs|
2014 Part D Plan Doughnut Hole
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-Xtra plan all depends on your prescriptions. The Gap Coverage with this policy: No Gap Coverage
Low Income Subsidy
If you have LIS benefits, this Part D plan is not available to you.
Nation wide, the number of seniors using the Cigna Medicare Rx Secure-Xtra policy is 0. In region 2 (your region) there are approximately 0 people with this policy (based on 2012 CMS statistics).
Related Health Insurance in Rhode Island
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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