SilverScript SmartSaver (PDP)

S5601 - 198 - 0
3.5 out of 5 stars (3.5 / 5)

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SilverScript SmartSaver (PDP) is a Medicare Prescription Drug Plan by Aetna Medicare.

This page features plan details for 2024 SilverScript SmartSaver (PDP) S5601 – 198 – 0.

Locations

SilverScript SmartSaver (PDP) is offered in the following locations.

Plan Overview

SilverScript SmartSaver (PDP) offers the following coverage and cost-sharing.

Insurer: Aetna Medicare
Drugs Covered: Yes
Please Note:
  • This plan does not charge an annual deductible for all drugs. The $505 annual deductible only applies to drugs on certain tiers.

Ready to sign up for SilverScript SmartSaver (PDP) ?

Get help from a licensed insurance agent.

Call 1-877-354-4611 / TTY 711.

M-F: 8:00 am – 10:00 pm EST

Sat-Sun: 8:00 am – 9:00 pm EST

Premium Breakdown

SilverScript SmartSaver (PDP) has a monthly premium of $9.90. This amount includes your Part C and D premiums but does not include your Part B premium. The following is a breakdown of your monthly premium with Part B costs included.
Part B Part C Part D Part B Give Back Total
$0.00 $ $9.90 $0.00 $
Please Note:
  • Your Part B premium may differ based on factors including late enrollment, income, and disability status.
  • You may also qualify for “Extra Help” on drug costs. See the Part D Premium Reduction section below for more details.

Drug Info

SilverScript SmartSaver (PDP) provides the following cost-sharing on drugs. Please check the plan’s formulary for specific drugs covered.

Drug Deductible:$280.00
Initial Coverage Limit:$5,030.00
Catastrophic Coverage Limit:$8,000.00
Drug Benefit Type:Enhanced
Additional Gap Coverage:No
Formulary Link: Formulary Link

Part D Premium Reduction

The Low-Income Subsidy (also known as LIS or “Extra Help”) helps people with Medicare lower the cost of prescription drugs.

The table below shows how the LIS impacts the Part D premium of this plan.

Part DLIS Full
$9.90$2.30

Initial Coverage Phase

After you pay your $280.00 drug deductible, you will pay the following costs for drugs in each tier until your total drug costs (including what this plan has paid and what you have paid) reach $5,030.00. Once you reach that amount, you will enter the next coverage phase.

Gap Coverage Phase

Tier Cost
All other tiers (Generic)25%
All other tiers (Brand-name)25%

Catastrophic Coverage Phase

After your yearly out-of-pocket drug costs (including drugs purchased through your retail pharmacy and through mail order) reach $8,000.00, you pay nothing for Medicare Part D covered drugs. However, you may still pay a share of the costs for excluded drugs covered under any enhanced benefit. Please note, that this plan has a Enhanced benefit type.

Ready to sign up for SilverScript SmartSaver (PDP) ?

Get help from a licensed insurance agent.

Call 1-877-354-4611 / TTY 711.

M-F: 8:00 am – 10:00 pm EST

Sat-Sun: 8:00 am – 9:00 pm EST

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