Is SilverScript a good plan?
Asked by: Veda Halvorson | Last update: February 2, 2025Score: 4.5/5 (17 votes)
What are the main advantages of the SilverScript Choice Plan?
SilverScript Choice PDP includes:
Low cost-sharing at all network pharmacies. A $590 deductible applies to all tiers. A reduced monthly plan premium and lower cost-sharing if you qualify for Extra Help Medicare program. See if you qualify for Extra Help.
What is the best pharmacy to use with SilverScript?
CVS/Aetna's SilverScript Smart RX plan has the lowest average monthly premium in 2022, and CVS is one of four main providers of stand-alone Part D prescription drug plans in the United States.
Is SilverScript the same as Aetna?
Aetna Medicare | Your plan name is now SilverScript® SmartSaver (PDP.
What is the best Medicare plan that covers everything for seniors?
Original Medicare with Medigap likely offers the most comprehensive coverage, but it may also be the most costly. A person can consider their income and how much they are able to spend before choosing a Medicare plan. Original Medicare with Medigap also offers a lot of flexibility when choosing a doctor or specialist.
Medicare Changes in 2025: Part D Drug Plans are Shocking!
Is SilverScript a good insurance company?
“Aetna's SilverScript Choice plan isn't a very competitive option in 2025. In the past, Aetna offered some of the least expensive Medicare Part D plans and maintained decent star ratings. With higher prices and lower ratings in 2025, Aetna SilverScript Choice underperforms competitors' plans.
Do I need Medicare Part D if I have SilverScript?
SilverScript is a Medicare Part D prescription drug plan (PDP) with additional coverage provided by Pfizer. This additional coverage means that you have more coverage than the standard Medicare Part D plan. You don't have to do anything to continue your enrollment in the plan.
Why is Aetna dropping Medicare Advantage plans?
Why do Medicare Advantage plans get discontinued? Some plans are discontinued to make room for new plans. Other plans are discontinued so we can update plan benefits to better serve members.
What company owns SilverScript?
Since 2006, CVS has sold its individual PDPs through a wholly-owned subsidiary called SilverScript Insurance Company.
What is the out-of-pocket maximum for SilverScript?
Benefits of the the SilverScript Employer PDP for MHBP:
$0 annual deductible. Copays for most drug tiers (except specialty drugs) $2,000 calendar year out-of-pocket maximum for your prescription drugs. Access to approximately 63,000 pharmacies nationwide.
Can I use GoodRx instead of my Medicare Part D?
While you can't use GoodRx and Medicare at the same time, you can opt to use GoodRx coupons instead of your coverage when you fill your prescriptions. Just let your pharmacist know you want to use a GoodRx coupon rather than your Medicare coverage.
Does Walmart accept SilverScript insurance?
Additionally, SilverScript members benefit from a large nationwide network of 65,000 well-known pharmacies like CVS, Costco, Giant Eagle, Kroger, Publix, Rite Aid, Safeway, Sam's Club, Target, Wegmans, Walgreens, Walmart, Winn Dixie, and many others.
Can SilverScript be used at any pharmacy?
SilverScript has most of the same network pharmacies that are in your CVS Caremark pharmacy network. You continue to get your prescriptions filled at your local network retail pharmacy or through a mail-order pharmacy.
What is the monthly premium for SilverScript Choice?
Enrollees in that plan will be switched into Aetna's sole PDP offering for 2025, SilverScript Choice, unless they choose a different plan, and their monthly premium will increase from $18.60 to $53.60, a $35 increase.
Why are seniors losing Medicare Advantage plans?
Medicare vs Privatized Medicare Advantage
Beneficiaries are tossed aside because they live in an unprofitable market for their insurer or because they are actually using the insurance they signed up for to access services.
What states is Aetna pulling out of?
Aetna is planning to withdraw their participation in 11 states, including Texas, South Carolina, Pennsylvania, Ohio, North Carolina, Missouri, Kentucky, Illinois, Georgia, Florida, and Arizona, as the provider suffered major financial losses due to high-risk patients in the regions.
Why are hospitals refusing Medicare Advantage plans?
Among the most commonly cited reasons are excessive prior authorization denial rates and slow payments from insurers. In 2023, Becker's began reporting on hospitals and health systems nationwide that dropped some or all of their Medicare Advantage contracts.
Which is better, SilverScript Choice or Plus?
Best for prescription vitamins and minerals: Aetna
SilverScript Choice: This mid-range plan offers a lower copay for Tier 1 drugs at preferred pharmacies. SilverScript Plus: This plan is the most expensive one Aetna offers.
Does SilverScript have a deductible?
SilverScript is the Medicare Part D prescription drug plan for members of the State Employee Health Plan. They offer two plans, Premium and Economy. The Premier Plan has a $0 deductible. For 90-day prescription fills, you pay one and a half months' copay.
What Medicare Part D does not cover?
- Drugs used to treat anorexia, weight loss, or weight gain. ...
- Fertility drugs.
- Drugs used for cosmetic purposes or hair growth. ...
- Drugs that are only for the relief of cold or cough symptoms.
- Drugs used to treat erectile dysfunction.
Who is SilverScript owned by?
Who Owns SilverScript? SilverScript partnered with Aetna in 2021 for fuller Medicare coverage, but Aetna (and therefore SilverScript) are owned by CVS Health.
Why do I need SilverScript?
SilverScript Choice is a basic plan that offers comprehensive coverage. Enrolled beneficiaries can benefit from a $0-deductible on all covered drugs in most states and $0-copays for 90-day supplies of Tier 1 drugs nationwide when filled through the CVS Caremark Mail Service Pharmacy.