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2014 Medicare Drug Plans Vary Widely in Availability of Drugs and Restrictions on Their Use
Date:11/1/2013

its formulary carries quantity limits or step therapy restrictions, and prior authorization is required for only 3 percent of all drugs offered.

"The lesson here for Medicare patients is that they really need to do their homework during open enrollment season to figure out which plans give them the best deal," said Steve Zaleznick, executive director for Consumer Strategy and Development at HealthPocket. "The most important question for consumers is if the drugs they take are on the plan's formulary, and the next is what hoops they may have to jump through to actually get the drugs in hand."

This HealthPocket InfoStat is part of a series using health plan data to produce unbiased market analysis and guidance for consumers navigating America's changing health insurance environment. Consumers can review Medicare plan options for free using HealthPocket's Medicare comparison tool.   

About HealthPocket

HealthPocket.com is a free website that compares and ranks all health plans available to an individual, family, or small business, so everyone can make their best health plan decision and save on their out-of-pocket costs. The Company uses only objective data from government, nonprofit, and private sources that carry no conditions that might restrict the site from serving as an unbiased resource. The founders of HealthPocket.com spent decades pioneering online access to health insurance information and knew they could offer something different that can positively change how people buy and use healthcare in the U.S. Learn more at www.HealthPocket.com.


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