Medicare Advantage Plan Proactively Addresses Concern Throughout North Texas of Cost of Prescriptions, Particularly for Seniors
(FORT WORTH, Texas – November 21, 2017) — Care N’ Care Health Plan announced today that members of its PPO and HMO Medicare Advantage plans in 2018 will be able to avail themselves of a 33 percent savings on most prescription medications by getting a three-month supply for the price of two. The benefit will be available at participating retail pharmacies or by utilizing Care N’ Care’s convenient mail order pharmacy.
The cost of prescription medications, particularly for seniors, is an area of increasing concern in America. In a 2016 survey of more than 1,800 adults over the age of 50 conducted by AARP, 75 percent reported taking a prescription medication on a regular basis, with an even higher percentage for those ages 65 and older. Of these, over 80 percent take at least two prescription drugs; and over 50 percent take four or more. About one-quarter (23 percent) of those surveyed did not fill a prescription they were given within the last two years, and over 55 percent of those reported that cost contributed to the decision not to obtain the medication.
“Our goal is to minimize cost as a barrier toward members getting the maintenance medications they need,” said Shane Greene, Pharm.D., director of clinical pharmacy services at Care N’ Care. “That is why we are so happy to once again in 2018 offer this incredible cost-savings benefit, which members have responded to very positively over the past year.”
Care N’ Care offers a choice of four PPO plans for Medicare beneficiaries in Tarrant, Johnson, Dallas, Collin, Denton, Rockwall and parts of Parker counties. It also offers an HMO plan in Collin, Denton and Tarrant counties. These plans offer all of the coverage of traditional Medicare plus additional services and benefits that improve and simplify Medicare coverage.
While specific benefits vary from plan to plan, Care N’ Care’s Classic HMO, Choice PPO and Choice MA-only PPO offer $0 plan premiums. All of Care N’ Care’s benefit packages also include low out-of-pocket maximum costs as well as dental, vision and hearing coverage. Also included is nationwide coverage – including pharmacy – for seniors when they travel as well as Care N’ Care’s renowned personal healthcare concierge program, the only service of its kind in the area.
The annual enrollment period for choosing a Medicare Advantage plan for 2018 runs through December 7. During this time seniors and others on Medicare may choose to switch their health plan or move from traditional Medicare to a Medicare Advantage plan (or move back to original Medicare) with their new coverage taking effect January 1, 2018. As of 2016, 17.6 million beneficiaries nationwide are enrolled in Medicare Advantage plans with Texas’ 32 percent penetration rate mirroring the national average.
For more information about Care N’ Care and its Medicare Advantage health plans, or to connect with a licensed agent who can assist with enrollment, call 1-877-665-2622 (TTY 711) seven days a week, 8 a.m. – 8 p.m.; or visit cnchealthplan.com.
Care N’ Care is a Medicare Advantage organization with a Medicare contract. Enrollment in Care N’ Care depends on contract renewal. This information is not a complete description of benefits. Contact the plan for more information. Limitations, copayments and restrictions may apply. Benefits, provider network, premium and/or copayments/coinsurance may change on January 1 of each year. You must continue to pay your Medicare Part B premium. The formulary, pharmacy network, and/or provider network may change at any time. You will receive notice when necessary.
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