CVS/pharmacy, Aetna intro co-branded Medicare Rx plan

HARTFORD, Conn. — CVS/pharmacy has teamed up with Aetna to offer Medicare beneficiaries a co-branded prescription drug plan.

The companies said the new Aetna CVS/pharmacy Prescription Drug Plan will be made available to beneficiaries in 43 states and Washington, D.C. The plan offers a $26 monthly plan premium and has no deductible for generic drugs. In addition, members will have the following benefits when they fill their prescriptions at a CVS/pharmacy (compared with a nonpreferred network pharmacy):

  • Pay $3 co-payment for preferred generic prescriptions; and

  • Save $10 on co-payments for nonpreferred generic and preferred brand prescriptions.

Other program features include:

  • 24-hour or extended-hour services and drive-thru pharmacy windows available at most CVS/pharmacy locations;

  • The experience of trained pharmacists available to dispense prescriptions and helpful advice;

  • Care 1on1 pharmacist counseling; and

  • The CVS/pharmacy ExtraCare Health Card, which entitles members to a discount on thousands of over-the-counter CVS/pharmacy brand health-related items.

In addition to CVS/pharmacy locations, members can continue to access any of the more than 65,000 pharmacies in the Aetna Medicare network.

"We are pleased to join with Aetna Medicare to offer Medicare beneficiaries a Part D plan that provides outstanding value along with the ease and convenience of filling their prescriptions at their neighborhood CVS/pharmacy," CVS/pharmacy SVP retail pharmacy Josh Flum said. "This plan allows members to build a relationship with their CVS pharmacist along with the opportunity to realize savings on their prescriptions."

Annual enrollment for Medicare plans begins Oct. 15 and continues through Dec. 7. Medicare beneficiaries can find more information and enroll in these plans by calling Aetna Medicare at 1-800-529-5586, or visiting Aetnamedicare.com or Medicare.gov to enroll.


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