Navigation Links
Medco Unveils Three New Medicare Prescription Drug Plan Options for 2008 to Provide Seniors More Choice, Better Value and Specialist Pharmacists
Date:10/1/2007

Generics covered in the Coverage Gap, $2 for 30-day supply of generics

redefines value for seniors

Medco Medicare Plan Provides "Specialist Pharmacists" experienced in medications used to treat common chronic conditions that affect seniors

FRANKLIN LAKES, N.J., Oct. 1 /PRNewswire-FirstCall/ -- Many seniors recall the days when a dime could buy quite a bit. While a dime can't buy much anymore, for millions of seniors across the country, it could potentially pay for a day's worth of their medications.

Medco Health Solutions, Inc. (NYSE: MHS), today unveiled the Medco Medicare Prescription Plan(TM), a suite of three new Medicare Part D plan options for 2008 that offers seniors a range of deductible, plan and coverage options for their prescription drug needs.

The new Medco Medicare Prescription Plan portfolio consists of the following:

-- Access plan, a $0 deductible plan with copays for chronic medications

available for as little as $2 for a 30-day supply (when purchasing a

90-day supply of a generic medication via mail), and generics coverage

in the coverage gap;

-- Choice plan, which features a $0 deductible, $2 for a 30-day supply

(when purchasing a 90-day supply of a generic medication via mail), and

access to more than 3,400 prescription drugs;

-- Value plan, a low premium plan with access to thousands of medications

including generic, brand name and specialty drugs.

"The needs of seniors vary greatly - from access to a wide range of medications to a low premium to coverage in the gap - and we've designed a range of plan options for seniors to select based upon their individual needs," said David B. Snow Jr., Medco chairman and CEO. "We've asked seniors what they want from a drug plan and they responded with value, choice and access - so that is what we're committed to providing."

Medco also offers its Medicare PDP plan members access to specialist pharmacists - hundreds of licensed Medco pharmacists who receive special training in specific chronic conditions. Medco's specialist pharmacists work in the Medco Therapeutic Resource Centers(R), which are pharmacies devoted to specific chronic and complex conditions, including diabetes, cancer, cardiovascular disease and pulmonary conditions. With this training and concentrated practice, Medco's specialist pharmacists can offer deeper, more specific guidance if a medication safety issue arises.

Seniors covered by one of the Medco plans will also gain access to a range of tools to ensure the safety of their medications, and to help them save money on their drug costs, including:

-- automated mail-order pharmacies that are designed to eliminate

prescription drug errors; and access to tens of thousands of retail

pharmacies across the country and in Puerto Rico

-- access to Medicare Advisors who are available 24 hours a day, 7 days a

week, and can help plan members identify and understand lower-cost

medication options

-- access to the My Rx Choices(R) prescription savings program, a one-of-

a-kind cost-comparison program available via http://www.medco.com that can

help members identify lower-cost medications options based on their

Medco Medicare plan, and calculate savings by month and by year

-- alerts that notify plan members when they are approaching the gap in

coverage, wherein the member is temporarily responsible for the full

cost of their medications

All three plan design options within Medco's PDP are available in 35 Medicare regions, including Alaska, Hawaii and Puerto Rico.

Enrollment for the 2008 plan year begins Nov. 15, 2007 with coverage beginning on Jan. 1, 2008. Those interested in learning more about the Medco Medicare Prescription Plan options can visit http://www.medcomedicare.com, or call toll-free 1-800-758-3605. TTY/TDD users should call 1-800-716-3231.

About Medco

Medco Health Solutions, Inc. (NYSE: MHS) is the nation's leading pharmacy benefit manager based on its 2006 total net revenues of more than $42 billion.

Medco's prescription drug benefit programs are designed to drive down the cost of pharmacy health care for private and public employers, health plans, labor unions and government agencies of all sizes, and for individuals served by the Medicare Part D Prescription Drug Program. Medco's technologically advanced mail-order pharmacies and award-winning Internet pharmacy have been recognized for setting new industry benchmarks for pharmacy dispensing quality. Medco serves the needs of patients with complex conditions requiring sophisticated treatment through its specialty pharmacy operation, which became the nation's largest with the 2005 acquisition of Accredo Health, Incorporated. Medco is the highest-ranked independent pharmacy benefit manager on the 2007 Fortune 500 list. On the Net: http://www.medco.com.

This press release contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that may cause results to differ materially from those set forth in the statements. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. We undertake no obligation to publicly update any forward- looking statement, whether as a result of new information, future events, or otherwise. Forward-looking statements in this press release should be evaluated together with the risks and uncertainties that affect our business, particularly those mentioned in the Risk Factors section of the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission.


'/>"/>
SOURCE Medco Health Solutions, Inc.
Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. Pfizer unveils anti-smoking drug
2. Study Unveils New Insight To The Madness Of King George III
3. Bush Unveils Latest Blueprint for Handling Bird Flu Pandemic
4. Rae unveils Health-care Strategy
5. Study Unveils West Nile Virus Immune Evasion, Points to Vaccine Development
6. Pesticides Linked to High Risk of Pediatric Cancers - a Study Unveils
7. Pet Owners Less Healthy: Study Unveils
8. Biocon Unveils Renal Therapies for Kidney Disorders
9. China Unveils Green Plan to Revert Farmland to Forest
10. Japanese Firm Unveils Artificial Hand With air Muscles
11. Boeing Unveils green Dreamliner Passenger Jet
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... ... October 13, 2017 , ... ProVest Insurance Group, a ... Miami, and Raleigh regions, is organizing an extended charity drive to benefit the ... chromosome abnormality. , After struggling since birth with several health challenges, T.J. was ...
(Date:10/13/2017)... IL (PRWEB) , ... October 13, 2017 , ... ... which established the certification process to promote standards of excellence for the field ... Symposium, scheduled for March 22 – 25, 2018 in Orlando, Florida at the ...
(Date:10/13/2017)... ... 2017 , ... Many families have long-term insurance that covers care for a ... waiver for care if the client has a cognitive impairment diagnosis. , “What ... is often waived, so the benefits from their insurance start immediately,” said Mechell Vieira, ...
(Date:10/13/2017)... ... October 13, 2017 , ... Talented host, actor Rob Lowe, ... in a new episode of "Success Files," which is an award-winning educational program ... investigates each subject in-depth with passion and integrity. , Sciatica occurs when the ...
(Date:10/12/2017)... CA (PRWEB) , ... October 12, 2017 , ... ... Cheng, are now treating sleep apnea using cutting-edge Oventus O2Vent technology. ... a serious sleep disorder characterized by frequent cessation in breathing. Oral appliances can ...
Breaking Medicine News(10 mins):
(Date:10/4/2017)... , Oct. 4, 2017  South Korean-based healthcare ... CPR training aide "cprCUBE" on Kickstarter. The device will ... during cardiac arrests with better efficiency compared to the ... offers real-time feedback on efficacy of the compression for ... campaign has a goal to raise $5,000. ...
(Date:10/2/2017)... , Oct. 2, 2017  AllianceRx Walgreens Prime, ... formed by Walgreens and pharmacy benefit manager Prime Therapeutics ... new brand, which included the unveiling of new signage ... , as well as at a few other company-owned ... new brand to patients, some of whom will begin ...
(Date:9/27/2017)... MIAMI , Sept. 27, 2017  Commended for their ... recent notable awards. Ranked as number one in the South ... ninth time in Inc. 5000 yearly list, the national specialty ... CEO, Armando Bardisa will soon be honored by ... Set to receive his award ...
Breaking Medicine Technology: