Cigna Medicare Part D 2012 Plan Review

Cigna is a well know name in health care, and has been around for over 80 years.   Cigna offers two different Medicare Part D drug plans in 2012.  The plans are simply labeled as plan one and plan two, and they differ in cost and benefits offered as well as availability.

2012 Cigna Medicare RX Plan One

This Cigna plan is available nationwide and offers a lower premium with some reasonable drug copays as well.  The premium depends on what state you live in.  For example, Californians can expect  to pay $56.20 per month while Illinois residents will only pay $26.30 per month.

  • The plan has a 5 Tier structure
  • The plan carries a deductible of $320 for all drugs.
  • The Tier 1 cost is $3, and the Tier 2 cost is $20
  • Tiers 3 and 4 vary in cost depending on what state you live in
  • Tier 5 is a 25% co-pay

2012 Cigna Medicare RX Plan Two

This Cigna plan is available in most states, but not nationwide.  It offers a higher premium with some lower drug copays.  Like plan one, the premium depends on what state you live in.  In Texas, you will pay $74.20 per month, while in Michigan you will only pay$61 per month.

  • The plan has a 5 Tier structure
  • The plan has NO deductible before the copays start
  • The Tier 1 cost is $0, and the Tier 2 cost is $5
  • Tier 3 is $41 and Tier 4 is $85
  • Tier 5 is a 33% copay

NOTE:  You will continue to have a zero copay for your Tier one drugs during the coverage gap on this plan!

In summary, if you have some expensive medicines you may want to consider plan two if it is available to you.  If you chose plan one, don’t forget that you have to meet the $320 deductible.  Also note that both plans have a 5 Tier structure instead of a 4 Tier structure.  This means that they have a higher cost for some generic drugs that will be found in Tier 2.  Always check the plan’s formulary to make sure that your drugs are covered.  Their plans also include the Cigna Healthy Rewards progam as well