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Tuesday, November 9, 2010

Closer Look At Humana's Medicare Plan Partnered With Walmart

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A person enrolled in Medicare Part-D
of the Humana Walmart Preferred Rx
Plan, PDP, may save an estimated
average of more than $450 in 2011
on monthly plan premiums, prescription
medication co-payments and cost shares-
according to correspondence from Walmart's
spokes-woman Carol McCormick.

A nation-wide monthly plan premium of
less than $15 a month is the lowest plan
premium in 2011 for a stand-alone Medicare
Part D prescription drug plan offered in
all 50 states, and Washington, D.C., per
McCormick.

No matter where a person lives, the monthly
plan premium is still $14.80 a month.

There's an in-store co-pay on generic
prescriptions that start as low as $2
when plan members use preferred pharmacies
like Walmart, Neighborhood Markets or Sam's
Club pharmacies. Co-pays increase when
prescriptions are filled at non-preferred
pharmacies.

"One of the primary goals of health care
reform is to make health coverage more
affordable - and that's what we're doing
with the introduction of this Medicare Part
D plan," explained William Fleming, PharmD,
vice president of Humana Pharmacy Solutions.
"People are more likely to take the medications
prescribed for them when they can afford those
medications. And adhering to prescription-drug
regimens can enable people to be healthier and
prevent future illness. At Humana, we believe
that this prevention helps people live
healthier lives and achieve lifelong well-
being."

"We know every dollar counts, especially when
you live on a fixed income. We believe no one
should have to choose between buying their
groceries or their medications," shared John
Agwunobi, M.D., president of Walmart's Health
and Wellness division. "Financial health is a
fundamental part of a person's well-being. At
Walmart, the customer is always front and center,
and that is why we are committed to doing
everything we can to ensure seniors have access
to the medications they need at a price they can
afford."

Monday, November 15, people eligible for Medicare
will be able to sign-up for Humana's new Medicare
Part D plan, partnered with Walmart.

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