New Aetna – Costco Medicare Prescription Drug Plan Announced

I don’t know c – r- a – p about health insurance and I will probably be in real trouble if I ever get seriously sick. Anyway, here’s some news about a new Aetna – Costco prescription drug plan, and you can be the judge as to whether it’s good or not:

Aetna announced today that it has formed a unique alliance with Costco to help consumers access an affordable and comprehensive Medicare prescription drug plan. Medicare beneficiaries now have the ability to purchase the new Aetna Medicare Rx Costco Plus Plan, which is available in 17 states (Alaska, Arizona, California, Colorado, Florida, Hawaii, Idaho, Illinois, Michigan, Nevada, New Mexico, New York, Ohio, Oregon, Utah, Virginia and Washington)

The plan premiums range from $50-$70 a month, depending upon the region. In addition, there is no deductible. Consumers who sign up for this plan and have their prescriptions filled at Costco will also have a maximum co-pay of $5 for generic prescription drugs ($10 if filled at other network pharmacies), and in some cases will have no co-pay for generics.

Does that sound amazing or not-so-amazing? If you have Medicare, you tell me.

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2 responses to “New Aetna – Costco Medicare Prescription Drug Plan Announced

  1. Sherry McDonald

    those are pretty stiff premiums for Medicare D plans. A lot of companies offer the same benefits for a lot less…..so I guess I would suggest that people decide on the plan according to what medications they are taking. If Costco sells your RX for less, the steep premium may make it worth your while.

  2. Thanks for the comment Sherry!

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