Blue MedicareRx Value Plus, by Blue MedicareRx, is a 2017 Medicare Part D Plan available in Massachusetts. It's a new plan, so it has not yet been rated by the Centers for Medicare and Medicare Services. The monthly premium is $43.10 and the annual deductible is $280.00.
Below are the PDP plan details. If available, we highly recommend downloading the plan's Summary of Benefits document.
Premiums and Deductibles
Members enrolled in the Blue MedicareRx Value Plus Medicare Part D plan share costs with the insurance carrier. Member costs include premiums, an annual deductible (if any), and pharmacy copayments.
The total premium is $517.20 ($43.10/month). The annual deductible on this plan is $280.00. This is the amount you must pay towards your prescriptions before the plan kicks in and pays its share. The following table shows the premium breakdown:
Low-Income Subsidy Premiums
This plan does not qualify for the FULL Low Income Subsidy. The following table details subsidised premium amounts:
Blue MedicareRx Value Plus has a $3,700.00 initial coverage limit (ICL). When you hit the ICL you must pay the next $3752.50 in prescription drug costs out of pocket. This gap in coverage is commonly called the Donut Hole. During this period you'll get a minimum 42% discount on ALL formulary generics and a minimum 55% discount on ALL brand drugs will have. Some plans offer additional assistance in the Coverage Gap, but Blue MedicareRx Value Plus does not.
Pharmacy CopaymentsIn addition to the Blue MedicareRx Value Plus plan premium, you'll pay copayments at your pharmacy when you pick up your prescriptions. The copay amount is based on the formulary tier your prescription falls under, as follows:
|Tier||Co-Pay Amount||Tier Description|
Compare Blue MedicareRx Value Plus with these PDPs
Blue MedicareRx Value Plus is a Basic (Actuarially Equivalent Standard) Regional PDP plan with a $280.00 deductible. Here are a few comparable plans:
- Whoops! We were not able to find any comparable plans. Seems it's a one of a kind. Sorry about that.
Medicare Part D Eligibility
You are eligible to enroll in the Blue MedicareRx Value Plus plan if you are:
- A resident of the state of Massachusetts,
- Enrolled in both Medicare Part A and Medicare Part B, and
- You are 65 years old or older (or have Medicare Disability).
Blue MedicareRx offers this plan in Boston, Cambridge, Newton, Worcester, Springfield, Lowell, New Bedford, Brockton, Quincy, Lynn, Fall River, Newton, Lawrence, Somerville, Haverhill, Waltham, Malden, Brookline, Plymouth, Medford, Taunton, Chicopee, Weymouth, Revere, Peabody and all other cities and rural areas of Massachusetts.
This page was last updated on 10/15/2016.
Plan data on AllMedicare.com comes from CMS.gov and is subject to change. The Centers for Medicare and Medicaid Services has neither reviewed nor endorsed the information on this site.
This page is a brief summary, not a complete description. Limitations, co-payments, and restrictions may apply. For more information contact the plan directly.
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