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The New 2022 Medicare Part-D Plans in New Mexico.
2017 Medicare Part-D Plans in New Mexico
There are 21 Medicare Part-D Plans available in New Mexico from 10 different health insurance providers. You can choose from 5 prescription drug plans offering additional gap coverage. The plan with the lowest monthly premium is $17 and the highest monthly premium is $151. The highest rated PDP available in New Mexico County received a 4 overall star rating from the CMS and the lowest rated plan is 2.5 stars.
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|2017 Medicare Advantage in New Mexico|
Enhanced Alternative plans may offer additional gap coverage which is calculated as the percentage of generic formulary products with coverage above standard "generic" coverage gap cost-sharing benefit and/or the percentage of brand formulary products covered in addition to the coverage gap discount for applicable drugs.GAP
In 2017 once you and your plan provider have spent $3700 on covered drugs. (combined amount plus your deductible) You will be in the coverage gap. (AKA "donut hole") Once you reach the coverage gap you will pay 40% of the plans cost for covered brand-name prescription drugs and 51% on generic drugs unless your plan offers additional coverage. You will still receive a 60% discount on brand-name drugs and a 49% discount on generic drugs.
Plans as of September 6, 2016.
Plans are subject to change as contracts are finalized.
Includes 2017 approved contracts/plans. Employer sponsored 800 series plans and plans under sanction are excluded. For 2017, enhanced alternative plans may offer additional cost sharing reductions in the gap on a sub-set of the formulary drugs, beyond the standard Part D benefit.