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Topic Title: Humana and Walmart Announce Innovative Medicare Part D Prescription Drug Plan
Created On: 10/04/2010 12:48 PM
 10/04/2010 04:02 PM

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[br]I'm fascinated by Wal-Mart's involvement in this. From what I can tell, you can use this plan when buying prescriptions at any pharmacy, but it costs you less money to purchase them from one of the companies owned by Wal-Mart. So, this will encourage people to purchase their prescriptions from Wal-Mart. I wonder if any other chains, like CVS, will try to do something similar.[br] [br] [img=100x100]http://lawprofessors.typepad.com/law_librarian_blog/images/smiley_stamp.gif[/img][br]
 10/04/2010 12:48 PM

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[font face="verdana,geneva" size="2"]If you know someone or if you are on Medicare and use alot of prescriptions - this plan is apparently a bargain from what I've heard through the grapevine. It is only for seniors or disabled - so if you are young and healthy it's not for you. You can check it out at this [url=http://www.earthtimes.org/articles/press/offered-50-states-dc1,1484282.html]link[/url] (below is a snippet from the online article):[br][/font][font face="verdana,geneva" size="2"][br][/font][font face="verdana,geneva" size="2"]" Humana Walmart-Preferred Rx Plan (PDP): Benefits and Details[/font][br] [br][font face="verdana,geneva" size="2"]One low monthly rate nationwide[/font][font face="verdana,geneva"] [/font][font face="verdana,geneva" size="2"]. The monthly plan premium is less than $15 a month for everyone, regardless of where they live. [/font][br] [br][font face="verdana,geneva" size="2"] [/font][font face="verdana,geneva" size="2"]o According to CMS, the $14.80 monthly plan premium is the lowest national plan premium in 2011 for a standalone Medicare Part D prescription drug plan offered in all 50 states and Washington, D.C.[sup]1[/sup][/font] [font face="verdana,geneva" size="2"][br][br][/font] [font face="verdana,geneva" size="2"]o The Humana Walmart-Preferred Rx Plan (PDP) offers a monthly plan premium of $14.80, which is less than half the weighted 2010 national average for Medicare Part D prescription drug plans' monthly plan premiums.[sup]4[/sup][/font][br] [br][font face="verdana,geneva" size="2"]Low copayments [/font] [font face="verdana,geneva" size="2"]when plan members use preferred pharmacies like Walmart, Neighborhood Market or Sam's Club pharmacies:[/font][br] [br][font face="verdana,geneva" size="2"] [/font][font face="verdana,geneva" size="2"]o In-store copayments (at preferred pharmacies) on generic prescriptions start as low as $2 when plan members use preferred pharmacies. [/font][br] [br][font face="verdana,geneva" size="2"]o Copayments as low as $0 for generic prescriptions filled via Humana's RightSource home-delivery prescription service. [/font][br] [br][font face="verdana,geneva" size="2"]A broad competitive formulary comparable to other plans[/font][font face="verdana,geneva"] [/font][font face="verdana,geneva" size="2"], with a list of prescription drugs included in the plan available at humana-medicare.com. "[/font][br][br]

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