Wellcare PDP – Wellcare Classic or Wellcare Signature

Wellcare is a large company based out of Tampa, Florida that offers Medicare insurance and Prescription Drug coverage.  Their Medicare Prescription drug plans are the Wellcare Classic PDP and the Wellcare Signature PDP.  Depending on which plan you choose you may be able to receive $0 copays on generic drugs or a $0 deductible.   Wellcare does offer a discount when ordering a three month supply through the mail.  Neither of the Wellcare plans offer any additional coverage through the Coverage Gap.  Let’s look at the difference between the two plans:

Wellcare Classic PDP

  • Lower premium than the Wellcare Signature plan.  Less than $30 in some areas.
  • $320 deductible
  • Preferred generic drugs $0
  • Preferred brand drugs $38
  • Non-preferred drugs $90
  • Specialty Tier Drugs 25%

Wellcare Signature PDP

  • Higher premium than the Wellcare Classic plan.  Around $55 in some areas.
  • $0 deductible
  • Preferred generic drugs $0
  • Non-Preferred brand drugs $20
  • Preferred brand drugs $45
  • Non-Preferred brand drugs $85
  • Specialty Tier drugs 33%

Wellcare covers more than 60,000 pharmacies in their network including popular chain stores like Walgreens, CVS, Wal-mart, Target, Kmart, Winn-dixie, and Publix.  The formulary is different for each plan, so be sure to check your drugs against each formulary.  The Wellcare website offers a tool that allows you to enter your drugs and compare the two plans to see which one makes the most sense for you.  Remember you can also compare all drug plans by going to the Medicare website and entering your drugs there as well!  If you are in Florida or Alabama and are interested in enrolling into Wellcare you can use this link.

Medicare Part D

5 Tips For Shopping Your Medicare Coverage

As your well aware by now, the Medicare AEP, Annual Election Period, is in full force.  The AEP runs from October 15 – December 7 and allows you to make changes to your current Medicare Advantage and Prescription Drug coverage.  Any changes that you make during this time will go into effect January 1st.  Making these […]

Loving, Handsome Senior Couple

Shop Your Medicare Plan During The 2015 Open Enrollment

Nobody likes change and that holds especially true when it comes to insurance.  The worst thing you can do, however is nothing!  That’s because Medicare coverage is changing every year, and that holds true in 2015 as well.  So even if you do nothing, your coverage is changing without you whether you like it or […]

2015 Medicare Annual Election Period (AEP) Underway

Every year the Medicare AEP or Annual Election Period arrives with much anticipation.  You may not know when it starts or what you can do, but you will definitely know it’s here when you start seeing the plethora of television, print ads, and billboards touting the latest and greatest coverage. 2015 Medicare AEP The 2015 […]

2015 Medicare Advantage And PDP Plans Now Available

You are now able to find every Medicare Advantage and Prescription Drug Plan available for 2015.  When I started the Medicare Plans site, my goal was to be able to bring you the ability to search and find any Medicare plan that was available.  This process was a long and difficult one, but now the […]

Medicine-pills

Formulary List Do’s and Don’ts

When it comes to Medicare, the one thing you can NOT overlook is the Formulary list that is provided by the insurance company.  Many times we find ourselves caught up in copays and provider networks that we forget to do one of the most important things.  Check the plan’s formulary list to make sure your […]