Optimum Platinum Plan (HMO) Formulary



Below is the 2022 Formulary, or prescription drug list, from Optimum Healthcare, Inc. for Optimum Platinum Plan (HMO)( H5594-002). A formulary is a list of prescription medications that are covered under Optimum Healthcare, Inc.'s 2022 Medicare Advantage Plan in Florida.

This Optimum Platinum Plan (HMO) plan has a $0 drug deductible.

The Initial Coverage Limit (ICL) for this plan is $4430. The Initial Coverage Period is the period after the Deductible has been met but before the Coverage Gap phase. Once you and your plan provider have spent $4430 on covered drugs. (combined amount plus your deductible)

You will enter the coverage gap. (AKA "donut hole") Once you reach the coverage gap you will be required to pay 25% of the plan's cost for covered brand-name prescription drugs unless your plan offers additional coverage. You can see if this plan offers coverage in the "donut hole" be clicking the "Coverage Gap" link on the left above the chart.

In 2022 if you have spent $7550 in expenditures you enter the Catastrophic Phase. During the Catastrophic Period you will begin to receive significant coverage. Optimum Platinum Plan (HMO) will begin paying approximately 95% of your covered medication expenses. You can see if this plan covers your drugs in the Catastrophic Phase by clicking the "Catastrophic" link on the left above the chart.




Plan Name:Optimum Platinum Plan (HMO)
Plan ID: H5594-002
Formulary
Provider: Optimum Healthcare, Inc.
Plan Year:2022
Premium:$0.00
Deductible:$0
Initial Coverage Limit:$4430
Coverage Area:Florida


Change Table Options:

Drugs Starting Letter:
Coverage Phase:

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Drug
Name⇅
Tier
Level
Cost
Preferred
Cost
Non
Preferred
Cost
Mail
Limit
Amt/Days
Prior Auth
Y/N
Step
Therapy
Bacitracin Zinc And Polymyxin B Sulfate
2NA$5NANN
Baclofen
1NA$0NA120/30NN
Balsalazide Disodium
2NA$5NANN
Balversa
4NA33%NA30/30YN
Baraclude
4NA33%NAYN
Baxdela
4NA33%NANN
Bcg Vaccine
3NA$50NANN
Benazepril Hydrochloride And Hydrochlorothiazide
1NA$0NANN
Benztropine Mesylate
1NA$0NAYN
Bepotastine Besilate
3NA$50NANN
Betamethasone Dipropionate
2NA$5NANN
Betamethasone Valerate
2NA$5NANN
Betaxolol Hydrochloride
2NA$5NANN
Bethanechol Chloride
2NA$5NANN
Betoptic S
2NA$5NANN
Bexarotene
4NA33%NA300/30YN
Bexsero
3NA$50NANN
Bicillin C-r 900/300
3NA$50NANN
Bicillin Cr
3NA$50NANN
Bicillin L-a
3NA$50NANN
Biktarvy
4NA33%NA30/30NN
Bisoprolol Fumarate
1NA$0NANN
Bisoprolol Fumarate And Hydrochlorothiazide
1NA$0NANN
Blephamide
3NA$50NANN
Blisovi Fe 1.5/30
1NA$0NANN
Boostrix
2NA$5NANN
Bosulif
4NA33%NA30/30YN
Braftovi
4NA33%NA180/30YN
Breo Ellipta
2NA$5NA60/30NN
Brilinta
3NA$50NA60/30NN
Brimonidine Tartrate
1NA$0NANN
Briviact
4NA33%NA600/30YN
Budesonide
3NA$50NANN
Budesonide And Formoterol Fumarate Dihydrate
2NA$5NA11/30NN
Bumetanide
1NA$0NANN
Buprenorphine
3NA$50NA4/28YN
Buprenorphine And Naloxone
2NA$5NA60/30NN
Buprenorphine Hcl
1NA$0NA60/30NN
Buprenorphine Hydrochloride And Naloxone Hydrochlo
1NA$0NA90/30NN
Bupropion Hydrochloride
1NA$0NA30/30NN
Buspirone Hydrochloride
1NA$0NANN
Byetta
3NA$50NA/30NN

* Drug Prices and Coverage is for a 30 Day Supply



Additional Notes by Medicare Help:

Coverage Levels for H5594-002

Most plans have 4 levels of coverage. The exception is the $0 Deductible Plans.
1.Pre-Deductable: Before you reach the plans deductible of $0. Some plans offer select Pre-deductible drug Coverage
2.Initial Coverage: (ICL) After you reach the plans deductible but before the Initial Coverage limit of $4430
3.Coverage Gap: (AKA Donut Hole) After you reach the plans ICL but before the Catastrophic of $7550 in 2022.
4.Catastrophic: Anything over $7550 you will receive a significant increase in coverage.

Definitions:

Premium: A monthly flat fee that varies by plan.
Deductible: The amount you must pay each year for your prescriptions before your plan begins to pay its share of your covered drugs. The max in 2022 is $320. Some plans have a $0 Deductible.
Tier Level: Medicare drug plans place drugs into different "tiers" on their formularies. Drugs in each tier have a different cost. A drug in a lower tier will generally cost you less.
Quantity Limit Amount/Days: Certain drugs have a Quantity Limit. That means the plan will only cover the drug up to a designated quantity or amount. If your prescribing doctor feels it is necessary to exceed the set limit, he or she must get prior approval before the higher quantity will be covered.
Prior Authorization: Certain Drugs require you or your doctor to get prior authorization in order to be covered. Usually just an additional form. If you dont get approval, the plan may not cover the drug.
Does the Deduct Apply: Some drugs do not require that the deductible is met before you receive coverage.
Step Therapy: Means you must first try one drug to treat your medical condition before the plan will cover another drug for the same condition. If you have already tried other drugs or your doctor thinks they are not right for you, you and your doctor can ask the plan to cover this drug.
Cost Preferred: Your Cost for the Drug at the Providers In Network Preferred Pharmacy. As a Percent of the total drug cost or a flat rate.
Cost Non Preferred: Your Cost for the Prescription Drug at a Non-Preferred Pharmacy. As a Percent of the total drug cost or a flat rate.
Cost Mail: Your Cost for Prescription Drugs through a Mail Order Pharmacy. As a Percent of the total drug cost or a flat rate.


What if a drug I need is not listed?

Please check the formulary for different brand and generic names. If you still cannot locate your drugs, your plan may not offer coverage. Talk to your doctor first about changing your prescription to a drug on your plans formulary. If this is not an option, you can request an exception to have the plan review its coverage decision based on your individual circumstances.

Source:CMS Formulary Data Q1 2022
Source:NDC Directory by FDA.gov

**We make every attempt to keep our information accurate. But please check with the plan providers to verify all information.

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