As of 2014, First Health Part D is an official Medicare-approved (part D) prescription drug plan offered by Coventry Health Care. First Health Part D has three plans levels that cover a range of costs at different copay values, depending on coverage and deductible amounts. Drugs approved under Part D of Medicare are divided into tiers, with generic prescriptions often costing much less than name brand medications.Continue Reading
The three plans offered by First Health Part D include Value Plus, Premier Plus and Essentials. Both the Value Plus and Premier Plus plans offer a no-deductible option which provides first-dollar coverage. The Premier Plus plan offers a complete coverage program as well as $1 copays for generic medications as well as savings when 90-day supplies of medications are ordered. The Premier Plus plan also offers home mail-order service for any medication orders.
Under Medicare Part D, drugs are divided into tiers according to their formularies. Medicare drug plans may sometimes change a formulary through which a drug is provided. In the event of a change, Medicare drug plan providers are required to provide a 60-day notice of the change, and they are required to provide written notice and a 60-day supply in the event of a refill.Learn more about Health Insurance