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Saturday, October 2, 2010

Medicare Drug Program from Walmart & Humana Will Have Lowest Premium

Humana and Walmart are offering a 2011 Medicare prescription drug plan that will have the lowest monthly premium of any Medicare drug plan to be sold in the U.S., according to the Centers for Medicare and Medicaid Services.  The premium will be $14.80, less than half the nationwide average for Medicare drug plans this year.

Humana said in a statement that the plan will save a typical Medicare beneficiary $450 next year compared with average national costs this year, including premiums and co-payments.  Plan members will have in-store co-payments as low as $2 at preferred pharmacies, including those at Walmart stores.

Enrollment in 2011 Medicare prescription plans will begin Nov. 15.

Courtesy of Courier-Journal.


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