The First Health Part D Value Plus Medicare plan offers benefits including lowered copays for some types of generic drugs, a wide range of preferred and standard pharmacies, and the option of ordering a 90-day supply of certain medications, Coventry Health Care states. A premium plan is also available.
The benefits of the First Health Part D Value Plus Medicare plan focus on convenience and reduced medication-related expenses, Coventry Health Care states. Participants can receive via mail order a batch of maintenance medications that can last for up to 90 days, and they have access to 20,000 standard pharmacies and 20,000 preferred pharmacies. At a preferred pharmacy there is no copay for a T1 generic drug used to treat conditions such as diabetes, high cholesterol and high blood pressure, while the copay for approximately another 1,000 T2 generic medications is $3. The plan also offers lower first-dollar coverage and lower deductibles for both T1 and T2 generic medications. Participants receive access to 24-hour customer service.
The First Health Part D Value Plus Medicare plan was launched by Coventry Health Care in partnership with Target, Walmart and Walgreens, according to Coventry Health Care. The plan was designed to offer wide access to drug prescriptions due to its low monthly premium. At its launch, Coventry Health Care claimed the program was the lowest-premium Medicare Part D program with no deductibles.