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Medco's 2010 Medicare Prescription Drug Plan Helps People Take an Active Part in Lowering Prescription Costs
Date:10/7/2009

FRANKLIN LAKES, N.J., Oct. 7 /PRNewswire-FirstCall/ -- Medco Health Solutions, Inc. (NYSE: MHS) is helping seniors in this tough economy find smart solutions for getting the most value out of their Medicare prescription drug plan. The 2010 Medco Medicare Prescription Plan® has three different plan options - Choice, Access, and Value - which in addition to providing access to a vast array of medications, pharmacy locations, and desirable plan features, also provides personalized support services to help seniors stretch their dollars and ensure the safety and accessibility of their medications.

"Many seniors are vibrant and active and want to stay that way," said Mary Daschner, Group President, Retiree Solutions for Medco. "These plans offer access to more than 3,000 medications, support from specialist pharmacists and Medicare Advisors, coverage gap alerts and other tools that can empower Medicare beneficiaries to live healthier lives."

Coverage gap alerts let beneficiaries know how close they are to the Coverage Gap (also known as the "Donut Hole") which is the third stage of coverage in a Medicare Part D plan. Unless a plan provides some coverage in this stage, members are responsible for paying 100 percent of their drug costs while they are in this stage. They must also continue to pay their monthly plan premiums.

The Medco Medicare Prescription Plan portfolio consists of the following:

  • Choice plan, which features a $0 copay for a 90-day supply of generics by mail;
  • Access plan, a $0 deductible plan that covers generic medications during the Coverage Gap and makes generics available for as little as $6 for each 90-day supply via mail
  • Value plan, a lower premium plan option with the same level of access
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SOURCE Medco Health Solutions, Inc.
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