2017 Medicare Advantage Plans in Iowa
Improvements in Medicare in Iowa 2017
Medicare continues to grow, while offering seniors and people with disabilities stable premiums and improved quality of care. Whether through Original Medicare (Parts A and B), Medicare Advantage, or the prescription drug benefit (Part D), 585,047 beneficiaries in Iowa continue to have access to improved benefits thanks to the Affordable Care Act, including:
•Certain preventive benefits including certain cancer screenings are available at no cost to beneficiaries when provided by qualified and participating health professionals. The annual wellness visit provides beneficiaries with the opportunity to sit down with their doctor to discuss their health care needs and the best ways to stay healthy.
•In 2017, if beneficiaries reach the coverage gap known as the donut hole in Medicare's prescription drug benefit, they'll save 60 percent on covered brand name drugs and see increased savings on generic drugs.
In Iowa in 2017:
•95 percent of people with Medicare have access to a Medicare Advantage plan
•27 Medicare Advantage plans are available
•22 Medicare Prescription Drug Plans are available
•78 percent of people with Part D have access to a plan with a lower premium than what they paid in 2016
•22 percent of people with Medicare Part D get Extra Help (also called the low-income subsidy, or LIS)
•$17.00 is the lowest monthly premium for a prescription drug plan
In 2016, 234,003 people in Iowa with Original Medicare took advantage of at least one preventive service without
Since the passage of the Affordable Care Act, people with Medicare in Iowa have saved:
$236,078,585 on prescription drugs through July 2016 as a result of the discounts in the donut hole and rebates in 2010. In 2016 alone, 23,801 seniors and people with disabilities received discounts of $22,272,222 through July, for an average of $936 per beneficiary.