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PDP-Facts: 2023 Medicare Part D Plan Facts-
    Region (State) and National
This is archive material for research purposes. Please see PDPFinder.com or MAFinder.com for current plans.
Select a state to review the 2023 Medicare Prescription Drug Plan Statistics per State.
AK AL AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS KY LA MA MD ME
MI MN MO MS MT NC ND NE NH NJ NM NV NY OH OK OR PA PR RI SC
SD TN TX UT VA VT WA WI WV WY

National Statistics:
2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008

2023 Colorado Medicare Part D Plan (PDP) Statistics*
CMS Region 27 includes (CO)
Statistic 2023 Change 23-22 2022 Change 22-21 2021
Total Number of Part D Drug Plans
View list of National Providers		 23 3 20 -7 27
Nbr of Enhanced (EA) Plans 14 2 12 -5 17
Nbr of Basic (BA, DS, AE) Plans 9 1 8 -2 10
Nbr of $0 Deductible Plans 4 0 4 0 4
Lowest Premium for a $0 Deductible Plan $71.30 $2.40 $68.90 $-11.70 $80.60
$0 Deductible Plans (percentage) 17% -3% 20% 5% 15%
Number of Plans with a Premium under $25 5 2 3 -3 6
Percentage of Plans with a Premium under $25 22% 7% 15% -7% 22%
Lowest Cost PDP (Premium)
View details of Lowest Cost Plan(s)		 $3.50 $-2.00 $5.50 $-1.80 $7.30
Highest Cost PDP (Premium)
View details of Highest Cost Plan(s)		 $129.10 $25.20 $103.90 $1.30 $102.60
Average PDP Premium (Cost) $52.21 $0.51 $51.70 $7.67 $44.03
% Change in Avg. PDP Costs -- 1% -- 17% --
Avg. Weighted PDP Premium** $41.22 $4.88 $36.34 $-0.04 $36.38
% Change Weighted Avg. PDP Costs** -- 13% -- 0% --
Number of PDPs with Any Gap Coverage in the Gap (Donut Hole) 4 2 2 -2 4
Percentage of PDPs with Any Gap Coverage 17% 7% 10% -5% 15%
Lowest Cost PDP with Any Gap Coverage
View coverage type / premium details		 $69.70 $3.00 $66.70 $47.20 $19.50
Total Beneficiaries with LIS 156,407 0 143,821 0 142,847
LIS Benchmark Premium $41.62 $1.81 $39.81 $5.51 34.30
Total Nbr of LIS Qualified Plans 5 0 5 -3 8
Premium Changes for Persons Staying in their Current Plan View premium detail chart
Number of PDPs with Premium Decrease 5 -5 10 4 6
Number of PDPs with No Premium Change 0 0 0 0 0
Number of PDPs with Premium Increase 14 -3 17 -2 19
Percentage of People with a Premium Increase 72.2% 1.03% 71% -22.35% 94%
Weighted Average Increase for People with a Premium Increase $7.71 $0.80 $6.91 $2.58 $4.33


Note: *Stand-alone Medicare Prescription Drug Plans (PDP)s only. Data for MA-PD plans not included. Sanctioned plans are included in this data. .
**The plan premium weighted averages are calculated by multiplying the plan premium by the number of enrollees in the plan to give more "weight" to plans with more members.



2023 Premium Changes for Persons Staying in their 2022 Plan
Premium Change Range Total number of Plans in this Change Range
$-3.70 to $0.3 * * * * * -- total: 5 plans
$1.3 to $5.3 * * * * * * * * * -- total: 9 plans
$6.3 to $10.3 * * -- total: 2 plans
$11.3 to $15.3 * -- total: 1 plan
$16.3 to $20.3 0 plans
$21.3 to $25.3 0 plans
$26.3 to $30.3 * -- total: 1 plan
$31.3 to $35.3 0 plans
$36.3 to $40.3 0 plans
$41.3 to $45.3 0 plans
$46.3 to $50.3 0 plans
$51.3 to $55.3 0 plans
$56.3 to $60.3 0 plans
$61.3 to $65.3 * -- total: 1 plan
   

Details for the Min. and Max. Premium Plans in 2023
H/LStatePlan NamePrem.Ded.Gap CoverageBenefit Type
LowCOWellcare Value Script (PDP)$3.50$505.00No Gap CoverageEnhanced
HighCOAARP MedicareRx Preferred (PDP)$129.10$0.00YesEnhanced
   
    The chart above shows the details of the least expensive and most
    expensive plans available for 2023.

Min. and Max. Premium Plans in 2022 and how the plan changes in 2023
H/LYearStatePlan NamePrem.Ded.Gap CoverageBenefit Type
Low2022COWellcare Value Script (PDP)$5.50$480.00No Gap CoverageEnhanced
  2023COWellcare Value Script (PDP)$3.50$505.00No Gap CoverageEnhanced
High2022COAARP MedicareRx Preferred (PDP)$103.90$0.00No Gap CoverageEnhanced
  2023COAARP MedicareRx Preferred (PDP)$129.10$0.00YesEnhanced
   
    The chart above details the least (and most) expensive plan in 2022 and
    plan features and costs should you stay in the same plan in 2023.

Gap Coverage Types and Minimum Premium for 2023 Part D Plans
2023 Gap Coverage Details
Gap Coverage TypeNumber
of Plans		Minimum
Premium
No Gap Coverage19$3.50
Yes4$69.70
2022 Gap Coverage Details
Gap Coverage TypeNumber
of Plans		Minimum
Premium
No Gap Coverage18$5.50
Yes2$66.70
    Notes: Click the Gap Coverage Type above to see plan details for 2023 Colorado plans.
Gap coverage applies to formulary drugs only. The Healthcare Reform provides that for Plan Year 2023, ALL formulary generics will have at least a 75% discount and ALL brand drugs will have at least a 75% discount in the coverage gap. The Gap Coverage discussed in this section is in addition to the Healthcare Reform mandated discounts.

2023 Colorado $0 Premium LIS Qualified Part D Plans
2023 LIS Qualifying Plans
Plan NamePlan ID
Cigna Secure Rx (PDP)S5617-133
Clear Spring Health Value Rx (PDP)S6946-062
Humana Basic Rx Plan (PDP)S5884-111
SilverScript Choice (PDP)S5601-054
Wellcare Classic (PDP)S4802-091
2022 LIS Qualifying Plans
Plan NamePlan ID
Cigna Secure Rx (PDP)S5617-133
Elixir RxSecure (PDP)S7694-027
Humana Basic Rx Plan (PDP)S5884-111
SilverScript Choice (PDP)S5601-054
Wellcare Classic (PDP)S4802-091
    Note: Click heading above to see details of LIS qualifying plans in Colorado.
               Please note, not all plans are available in every state.

List of National PDP Providers with Plans available in Colorado
2023 National PDP Providers
Aetna Medicare
Cigna
Clear Spring Health
Elixir Insurance
Humana
Mutual of Omaha Rx
UnitedHealthcare
Wellcare
2022 National PDP Providers
Aetna Medicare
Cigna
Elixir Insurance
Humana
UnitedHealthcare
Wellcare
    Note: Click heading above to see PDP plans and details for Colorado.



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