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WellCare
Certificate Training Aid
Term | Definition |
---|---|
2021 PDP Plan Highlights | 6 plans across every state and DC, 204 total nationwide Designed to limit premium increases 3 competitive formularies (formally was 4) SSM (reducing member costs on insulin) |
SSM (New) ? | Part D Senior Savings Model (SSM) - reduces member spending on insulin |
Who is eligible for SSM? | Non-low income enrollees + members using insulin |
What benefits are provided under SSM? | Caps cost-sharing to no more than $35 per month supply per year + plan deductible (if any) does not apply |
Will all of the WellCare PDP plans include SSM? | No, so far 3 PDP products, 102 plans will participate in all regions (Value Script, Wellness Rx, Value Plus) + cost-sharing cap $35 per year |
Will all of the WellCare MAPD plans include SSM? | NO, 22 Legacy plans in select regions + offered first to plans already offering insulin gap coverage + cost-sharing range $0-$35 |
LIS Category 0 | member needs no assistance and is considered a "base member" |
LIS Category 3 | indicates highest need member |
LIS Category 4 | used to assign a co-pay and Part D premium subsidy (subsidy varies 25-100%) |
What is the preferred pharmacy? | preferred cost-sharing through CVS Caremark Home Delivery, otherwise it will cost more (see table on desktop) + Walgreens (and most grocers, for 5/6 plans) |