If you’re shopping for a Medicare Part Prescription Drug plan, Wellcare is often a suitable choice. For 2023, they are offering three plans with various benefits and cost-sharing. From lowest to highest monthly premiums, those three plans are the Wellcare Value Script, Classic, and Value Plus PDP.
Using our software, you can compare all three plans as well as several others. Click on the green “Compare Plans Now” button on the right to view their PDP plans and others side by side. Enrollment is quick, easy and at no extra cost to you.
Changes To 2023 Wellcare Drug Plans
Wellcare will continue to offer three plans. In order of monthly premiums from high to low, they are the Wellcare Value Script PDP, Wellcare Classi, and the Wellcare Medicare Rx Value Plus.
The most popular (and least expensive) policy for 2023 is the Wellcare Value Script. In most states, your monthly premiums will be under $13 a month. This low-cost policy is a good choice for those on Tier I & II prescriptions. It has a $505 deductible, a large network of preferred pharmacies and a robust formulary.
The $505 deductible does not apply to Tier I & II drugs for the Value Script PDP. Many generic prescriptions will have a $0 copay in 2023 making this one of the most affordable options available.
The middle plan for 2023 is the Wellcare Classic PDP. It also has a $505 deductible. Premiums are closer to $33 a month in most areas of the country. This can be a good choice for those on more expensive prescriptions that fall outside of the first two Tiers.
The Wellcare Medicare Rx Value Plus plan is the most expensive offering. It has no deductible and will be closer to $71 a month. This PDP will only benefit a select few consumers who are taking several more costly prescription drugs.
One size does not fit all with Stand Alone PDP plans, so it’s best to compare all of your options. But if you’re already enrolled in the Value Script and take mostly generics, you’re likely in a suitable plan for 2023. If not, then enter your drugs and preferred pharmacy using the green “VIEW PLANS NOW” on the right and explore your options for savings.
Wellcare’s Nationwide Network Of Preferred Pharmacies
All Medicare Prescription Part D plans use a large network of pharmacies. Wellcare is no different. CVS, Rite Aid, Walgreens, Costco, Discount Drug Mart, Safeway, Kroger, Publix & Giant Eagle are all preferred pharmacies among many other large retail stores. It’s important to note that Walmart is not a preferred pharmacy for 2023.
Mail order is also an option for all three plans. You can have 90 day supply of most prescriptions delivered to your home. Whether you fill at your local pharmacy or by mail order, requesting a 90 day supply (when allowed) can lower your copays.
Low Prescription Drug Copays And Out Of Pocket Costs
When shopping for Part D coverage, you’re comparing more than just the monthly premiums.
The overall cost is what matters most. This includes your premiums, deductibles, and Rx copays.
You may not be saving money by selecting the lowest cost plan if your drug copays are higher. And many prescriptions are not subject to the deductible. Where you fill your Rx’s matters too, of course. You want to factor it all in.
It’s also essential to consider Low Income Subsidy (LIS) programs if they’re applicable to you. If your income is below certain amounts, the government subsidizes your coverage. This means lower premiums and copays in some cases. Medicare will notify you if you’re eligible for their LIS program.
Otherwise, you might consider GoodRx, CleverRx, CostPlus, manufacturing coupons, agencies in your resident State and/or other programs to help with high Rx costs. Using several programs can help you avoid the Coverage Gap/Donut Hole.
Contact Us For Quotes, Information And Enrollment
No Medicare supplement plans offered today include Part D Drug coverage. These policies must be purchased separately. Enrolling in a PDP plan when first eligible avoids the Late Enrollment Penalty. It’s a good idea to consider all your options during Medicare Open Enrollment (AEP) and when first eligible for coverage.
Open Enrollment begins on October 15th and lasts through December 7th. There is a lot to consider when making changes during this window. Contact us today to learn more.
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