Medicare Part D Benefit Making LIPITOR and CRESTOR Available for Low or No Copay

Pharmaceutical Information

Author: Universal American
Published: 2010/10/29 - Updated: 2023/09/14
Publication Type: Informative
Contents: Summary - Introduction - Main - Related

Synopsis: Universal American announces new Medicare Part D benefit making Lipitor and Crestor available for low or no copay. Cardiovascular disease is the number one cause of death for people over the age of 75, and high cholesterol plays a major role in developing this disease. Drug therapy like statins, may help reduce the amount of bad cholesterol and ultimately lower the incidence of stroke or heart attack.

Introduction

Universal American Announces New Medicare Part D Benefit Making LIPITOR® and CRESTOR® Available for Low or No Copay - Plans can save enrollees an estimated $230-$300 in 2011 on two popular cholesterol-lowering drugs through a network of 64,000 pharmacies nationwide.

Main Digest

Universal American, the nation's second largest Medicare Part D sponsor, has partnered with the makers of LIPITOR and CRESTOR to provide broad and affordable access to these cholesterol-lowering prescription drugs. Effective January 1, 2011, all members of Universal American's Medicare Part D Prescription drug plans, Community CCRx(SM) PDP, as well as all members of its Medicare Advantage Prescription Drug (MA-PD) plans can purchase these popular drugs for low or no monthly co-payments through the company's nationwide network of 64,000 pharmacies, including independent pharmacies, regional chain stores, and major retail drug chains.

"Heart disease is a major health issue for older Americans," said John Wardle, President of Universal American's Medicare Prescription Drug Plan business. "While all Medicare Part D Prescription Drug plans cover statins, most of these plans require substantial copays for the most popular brand-name statins. These drugs can be expensive, especially for older adults on a fixed income. By forming partnerships with Pfizer and AstraZeneca, the makers of LIPITOR and CRESTOR, Universal American members can save $230 to $300(5) on these cholesterol-lowering drugs in one year."

Why These Medications?

Cardiovascular disease is the number one cause of death for people over the age of 75, and high cholesterol plays a major role in developing this disease. According to the Centers for Disease Control and Prevention, about one in every six adults have high cholesterol. Over 33.5 million older Americans currently take a statin drug or should be taking one making it the most prescribed drug class in the U.S., with LIPITOR and CRESTOR being two of the most popular brands.

"For two out of three people, diet and exercise alone are not enough to lower cholesterol," said Nelson Fernandez, M.D., Senior Medical Director of Universal American. "Drug therapy like statins, may help reduce the amount of bad cholesterol and ultimately lower the incidence of stroke or heart attack."

Michael A. Suesserman, Vice President, U.S. Corporate and Government Customers, Pfizer said:

"We at Pfizer strive to provide patients with access to safe, effective and affordable medicines. To ensure we can continue to deliver on our commitments to patients, we welcome opportunities like this partnership with Universal American to allow greater access to medicines like Lipitor."

Universal American is committed to A Healthy Collaboration(SM), a pledge it shares with physicians, pharmacists and other healthcare providers to work together to improve members' health. It means encouraging members to see their doctors and fill their prescriptions regularly because it will help them prevent illness and manage disease, as well as drive down costs so they can save money and stay healthy. Joining with Pfizer and AstraZeneca (makers of LIPITOR and CRESTOR, respectively) to make these two drugs more affordable is another example of how Universal American is making it easier for those with Medicare, including seniors and people with disabilities, to improve and protect their health.

As healthcare evolves, people with Medicare will have questions about their health coverage. Universal American is listening to these concerns and providing innovative approaches that bring members more options that control their healthcare costs.

Notes:

Prices may vary for Medicare Advantage Prescription Drug plans, based on region. Benefits, formulary, pharmacy network, premium and/or co-payments/coinsurance may change on January 1, 2012. The benefit information provided herein is a brief summary, not a comprehensive description of benefits. For more information, contact the plan. Limitations, co-payments and restrictions apply. You must continue to pay your Part B premium.

You may be able to get Extra Help to pay for your prescription drug premiums and costs. To see if you qualify for extra help, call 1-800-MEDICARE (1-800-633-4227). TTY users should call 1-877-486-2048, 24 hours a day/7 days a week. Call the Social Security Office at 1-800-772-1213 between 7:00 a.m. and 7:00 p.m., Monday through Friday. TTY users should call 1-800-325-0778 or your State Medicaid Office.

Attribution/Source(s):

This quality-reviewed publication was selected for publishing by the editors of Disabled World due to its significant relevance to the disability community. Originally authored by Universal American, and published on 2010/10/29 (Edit Update: 2023/09/14), the content may have been edited for style, clarity, or brevity. For further details or clarifications, Universal American can be contacted at Contact Details. NOTE: Disabled World does not provide any warranties or endorsements related to this article.

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Cite This Page (APA): Universal American. (2010, October 29 - Last revised: 2023, September 14). Medicare Part D Benefit Making LIPITOR and CRESTOR Available for Low or No Copay. Disabled World. Retrieved July 18, 2024 from www.disabled-world.com/medical/pharmaceutical/lipitor-crestor.php

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