What are the benefits of SilverScript?

Asked by: Jerel Ferry  |  Last update: October 14, 2023
Score: 4.2/5 (17 votes)

SilverScript drugs plans include multiple coverage benefits, including:
  • $0 copays for preferred generic drugs.
  • Access to a network of more than 65,000 pharmacies, including thousands of preferred pharmacies with additional discounts.
  • Potential $0 deductible for all covered drugs.

Is SilverScript a good Part D drug plan?

All of Aetna's PDPs have a Medicare star quality rating of 3.5 out of five stars. Aetna's SilverScript Smart Saver plan has the lowest average monthly premium in 2023, and CVS is one of four main providers of stand-alone Part D prescription drug plans in the United States.

What is the best pharmacy to use with SilverScript?

Preferred Pharmacies tend to have lower copayments and coinsurance; SilverScript has over 23,000 pharmacies they consider Preferred. CVS, Publix, Walmart, and Kroger are a few preferred pharmacies.

What does SilverScript pay for?

Aetna SilverScript Rx plans cover prescription drugs that include everything from generic and commonly prescribed medications to name-brand specialty drugs. An Aetna SilverScript plan can be used alongside your Original Medicare (Part A and Part B) coverage.

Why do I need 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 SilverScript Choice (PDP) Should Be Your Choice

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Is SilverScript worth it?

Aetna/SilverScript: Best overall

These popular plans are affordable and highly rated. Aetna and SilverScript plans are a good choice for most people because they are priced affordably, typically have a lower deductible than other companies and have a high average rating across most performance categories.

Is SilverScript only good at CVS?

The Plus plan has a more expansive formulary, which may be beneficial to you if you take several medications or specialty medications. Expert Tip: It's important to note that although SilverScript is a CVS Health company, the company's preferred pharmacies include other well-known retail locations.

What carrier is SilverScript?

SilverScript is now part of Aetna Medicare

Pay your premium. Check drug coverage.

What kind of insurance is SilverScript?

SilverScript, an affiliate of CVS Caremark, is an approved Medicare Part D Prescription Drug Plan provider.

Which is better SilverScript Choice or Plus?

The SilverScript Plus (PDP) offers a $0 deductible for medications on all tiers. The policy has even more drug coverage than the SilverScript Choice (PDP), and you can get your prescription drugs delivered at no additional cost. This prescription drug plan is a fantastic option for those who take high-tier drugs.

Can you use Walgreens with SilverScript?

Walgreens Boots Alliance.

Since 2021, Walgreens has focused on participation in preferred networks. For 2023, it will be preferred in nine plans. However, for 2023, Walgreens will be an out-of-network pharmacy for Aetna's SilverScript SmartSaver.

Does Walmart take SilverScript?

Beginning in 2020, Walmart reengaged with preferred cost sharing networks. For 2022, it will again have a solid position as a preferred pharmacy in 17 of the 21 major plans. It gained position in the SilverScript SmartRx plan and did not lose preferred status in any plans.

Is SilverScript connected to CVS?

SilverScript, administered by CVS Caremark, provides an Automatic Refill and Renewal program for home delivery, CVS Pharmacy Pickup and Delivery Options, CVS Specialty Pharmacy and over 66,000 pharmacies are available under the CVS Caremark network.

What will SilverScript premiums be in 2023?

For the largest PDP, CVS Health's SilverScript Choice, which has a total of 3.0 million enrollees in 2022, including 1.4 million non-LIS enrollees, the average monthly premium will increase by $2 (+8%), from $31 in 2022 to $33 in 2023.

Does SilverScript Part D cover shingles shot?

Medicare prescription drug plans (Part D) usually cover all commercially available vaccines needed to prevent illness, like the shingles shot. You can now get more vaccines under Part D at no cost to you. Contact your Medicare drug plan for more details.

What is the deductible for SilverScript choice?

SilverScript Choice PDP

This plan provides more coverage than the SmartSaver plan, but does have a $505 deductible and $33.60 monthly premium (though if a person qualifies for the Extra Help program, they can receive a $0 monthly premium).

What is the cheapest SilverScript plan?

SilverScript® SmartSaver (PDP)

Our SmartSaver (PDP) helps you get the medicine you need with: The lowest national average PDP plan premium at $5.92* $0 deductible and $2 copays for Tier 1 drugs**

Is Costco part of SilverScript?

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.

What are Tier 1 prescription drugs?

Level or Tier 1: Preferred, low-cost generic drugs. Level or Tier 2: Nonpreferred and low-cost generic drugs. Level or Tier 3: Preferred brand-name and some higher-cost generic drugs. Level or Tier 4: Nonpreferred brand-name drugs and some nonpreferred, highest-cost generic drugs.

Does SilverScript have a donut hole?

The SilverScript Plus plan has no deductible and more coverage during the Part D donut hole, while the SilverScript Choice and SilverScript SmartRx plans offer lower monthly premiums.

What is the deductible for Medicare Part D in 2023?

This is the amount you must pay each year for your prescriptions before your Medicare drug plan pays its share. Deductibles vary between Medicare drug plans. No Medicare drug plan may have a deductible more than $505 in 2023.

What tier is my medication?

Tier 1: Least expensive drug options, often generic drugs. Tier 2: Higher price generic and lower-price brand-name drugs. Tier 3: Mainly higher price brand-name drugs. Tier 4: Highest cost prescription drugs.

What is the star rating for SilverScript?

The SilverScript family includes several distinct plans. Aetna Medicare SilverScript Part D (PDP) plans earned an overall 3.5 out of 5 Star Rating from Medicare in 2022. Above costs taken from the Kaiser Family Foundation.

Can you cancel SilverScript?

How to drop your Medicare drug plan Call us at 1-800 MEDICARE (1-800-633-4227). TTY: 1-877-486-2048. Mail or fax a signed written notice to the plan telling them you want to disenroll. Submit a request to the plan online, if they offer this option. Call the plan and ask them to send you a disenrollment notice.