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Part
3: You can provide discounts on drugs not on the list of CMS approved
drugs for Part D.
What is the best Part D drug plan on the market? While many carriers
lay claim to having the best formulary, lowest co-pays, some level of
coverage in the donut hole (also referred to as the coverage gap), in
the end, the best solution covers your client’s drugs. If a drug
is not covered by the plan, it can dramatically increase the out-of-pocket
costs for your client.
But what options do you have if no Part D plan covers your client’s
drug because the drug is not approved by CMS? There are certain classifications
of drugs that CMS hasn’t approved meaning no Part D coverage is
available. These include:
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Drugs not approved for Part D
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Weight Loss/Gain |
Hair Growth |
Over-the-Counter |
Barbiturates |
Benzodiazepines |
Cold Relief |
Fertility |
|
Fortunately, there are solutions available. Remember the discount cards
that were available prior to Part D? They remain available for drugs
not approved by CMS for the Prescription Drug Program. Let’s take Benzodiazepines as
an example. Valium, Stesolid, Diazemuls, Seduxen, Bosaurin, Diapam, Antenex,
Ducene, Apozepam and Pax are all brand name drugs for Diazepam which
is a Benzodiazepine. The cost for these drugs can be quite expensive.
Retail cost for Valium is roughly $250 per month.
Senior Market Sales, Inc. offers a prescription drug savings card from
ScriptSave® that provides savings to seniors for these
non-covered drugs. The sales process is easy. Simply go to
http://www.smsrxcard.com/ and
generate a No Cost ScriptSave® card for your client. If
your Clients have Medicare and are enrolled in a Medicare Part D plan,
they can use their ScriptSave® card for everyone in their
household and for any prescriptions that are EXCLUDED by Medicare Part
D law. Clients will receive average savings of 22%, with potential savings
of up to 50% (based on national program savings data).
The ScriptSave® card is accepted at over 53,000 retail
pharmacy locations. Here is a partial list of participating pharmacies:
A&P
ACME
Albertsons
Arrow
Aurora
Bartell Drugs
Bashas’
Bi-Lo
Bi-Mart
Brooks Pharmacy
Brookshire
Brookshire Bros.
Bruno’s
Buehler’s
Cub Pharmacy
CVS Pharmacy
Dahl’s Pharmacy
Dillon’s
Discount Drug Mart
Drug Emporium
Drug Fair
Drug Warehouse
Duane Reade
Eckerd
Fagen Pharmacy
Farm Fresh
Food City
Food Lion
Food World
Fred Meyer
Fred’s Pharmacy
Fruth’s
Fry’s
Gerbes
Giant Eagle Pharmacy |
Giant Food Stores
Hannaford
Harmon’s
Harris Teeter
Harvest Foods
Harvey’s
H.E.B.
Hi School
Hy-Vee
Ingles
Kash ‘n Karry
Kerr Drugs
King Soopers
Kinney Drugs
Kmart
Kopp Drug
Kroger
Longs Drug Stores
Marsh Drugs
Maxor
Mays Drug Stores
Meijer
Navarro
NeighborCare
Osco Drug
Pamida
Pathmark
Pharmacy Plus
Price Chopper (KS and MO Only)
Publix
Rainbow Foods
Raley’s
Rite Aid
Rosauers
Sam’s Club |
Sav-Mor
Savon Drugs
Schnucks
Sedanos
Shaw’s Supermarket
ShopKo
ShopRite Pharmacy
Smith’s
Snyders
Stop & Shop
Super D Drugs
Sweetbay
Target
Tops Pharmacy
Ukrop’s
United Supermarkets
USA Drug
Waldbaum’s
Walgreens
Wal-Mart
Weis Pharmacy
Winn Dixie
Form # 051107.S1 |
Are
you interested in a particular topic? Let us know.
Email
your topic to dwane@seniormarketsales.com
For Medicare Supplements call
1-800-786-5566Option 6
For Medicare Advantage and Part D call
1-877-645-0147
and
learn more about Senior Market Sales and
SMS Medicare Solutions.SM
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