fbpx

Get a complimentary evaluation of your plan. Reach out to us today!

Cigna Medicare Part D

Contact Us Today!

Cigna Medicare Part D: Key Things You Should Know

Medicare Plan D refers to prescription drugs and is part of a government program offered through private insurers such as Cigna. With Cigna Medicare Part D plan, you are in a position to prevent complications and keep yourself healthy. As long as you are entitled to the Original Medicare Part A or enrolled in Medicare Part B, you’re entitled to this coverage.

How To Get Cigna Medicare Part D

If you have Medicare Part A or Part B, here are ways you can enroll:

  • Enroll in a different plan or a separate Medicare Part D prescription drug plan after hitting 65 years.
  • Alternatively, select to join Medicare Plan Part C, which includes the drug coverage section.

Pros of Cigna Medicare Part D

  • Cigna Medicare Part D protects you from high costs by providing coverage on different drug tiers.
  • It provides flexible plans depending on your needs and different covers.
  • The coverage works excellently. Medicare Part A and Part B might sometimes include Part C.
  • There are low premiums, thus making such plans affordable.

Cons of Cigna Part D

  • It does not cover all types of drugs since each plan has a different drug list.
  • There is a late enrollment penalty for each month you enrolled late.
  • You should know your medical situation since the plans are different based on the drugs you need.

How Does It Work

The Cigna Medicare Part D has three phases on how it works:

  • Initial Coverage: After paying all the costs, every plan has an annual deductible. During this phase, you will only pay coinsurance on the prescription drugs until you reach your initial coverage limit.
  • The Coverage Gap/Medicare Donut Hole: You will get a discount on generic and brand drugs when using this plan.

The Catastrophic Cover: It is the upper level of the Part D plan. Here, the plan covers your prescription drugs for the remainder of the year as of 2024.

  • Which Drugs Does Cigna Part D Cover?

    Part D covers chronic conditions such as asthma, heart disease, and high cholesterol. It will also cater to the medications you will need for a short duration, such as antibiotics. Talk to your provider since drugs are covered in your Original Medicare Part B, not Part D.
    Which Costs Will You Incur in Plan Part D?
    Part D monthly premium: You will pay a flat fee for the coverage.
    Part B premium: This is part of your Original Medicare Coverage that you should continue paying.
    Coinsurance and copays: Here, you and Medicare share the costs of the prescription drugs.

  • Ways of Paying Your Part D Plan

    There are four different ways through which you can pay for your Cigna Part D plan:
    The insurer chooses the plan for you and sends the bill every month.
    You can deduct monthly from your savings or charge to your credit or debit card.
    Your prior or current employer pays for your Medicare benefits, ensuring you have little to no premiums.
    You have your premiums deducted from your Social Security check.
    What is New In 2024?
    The 2024 Part D plan will be great for you, and here is why:
    Low premiums and low generic copays.
    Secure and large pharmacy networks.
    There is an extra drug list that covers gaps for many generics.
    Should you need more help, contact us for assistance.

FAQ

What is Cigna Medicare Part D?
Cigna Medicare Part D is a standalone prescription drug plan that provides Medicare beneficiaries with coverage for their outpatient prescription medication costs.
Who is eligible for a Cigna Medicare Part D plan?
To enroll in a Cigna Medicare Part D plan, you must be enrolled in Medicare Part A and/or Part B.
What types of prescription drugs are covered by Cigna Medicare Part D?
Cigna Part D plans cover a wide range of generic and brand-name prescription drugs that are on the plan's approved formulary.
How much do Cigna Medicare Part D plans cost?
Premiums, deductibles, and copays/coinsurance vary by plan, but Cigna offers a range of options to fit different budgets.
Can I get Extra Help to pay for my Cigna Medicare Part D plan?
Yes, low-income Medicare beneficiaries may qualify for the Extra Help program to assist with Part D costs.
Do Cigna Medicare Part D plans have a preferred pharmacy network?
Yes, Cigna Part D plans typically have a network of preferred pharmacies where you can get the best prescription drug prices.
Can I use my Cigna Medicare Part D plan at any pharmacy?
You can use your Cigna Part D plan at any pharmacy in the plan's network, but you'll typically pay less at a preferred pharmacy.
How do I know if my current prescriptions are covered by a Cigna Medicare Part D plan?
Cigna provides an online drug formulary search tool to help you check which medications are covered under their Part D plans.