2024 Medicare Advantage Prescription Drug Price Information | ||||||
Upper Peninsula Health Plan MI Health Link (Medicare-Medicaid Plan) (H1977-001-0) Benefits & Contact Info Insulin on a Medicare Part D plan's formulary will have a monthly copay of $35 or less. | ||||||
Click on a letter below to view the Upper Peninsula Health Plan MI Health Link (Medicare-Medicaid Plan) Formulary A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9 | ||||||
LURASIDONE HCL 80 MG TABLET [Latuda] | ||||||
Plan’s average negotiated retail drug price in in Luce, MI: CMS MA Region 11, includes: MI | $61.46* 30-Day Supply $184.37^ 90-Day Supply (calculated) | |||||
Formulary (Drug List) drug tier: | Tier 1 | |||||
Does this plan offer any Gap coverage? | Yes | |||||
Does this drug have Gap coverage? | No, this drug IS NOT covered in the gap, but all drugs receive the donut hole discount. | |||||
Drug Usage Management Restrictions: | Prior Authorization and Quantity Limit:60/30Days | |||||
Formulary (Drug List) Tier Cost-Sharing Details | ||||||
Insulin on a Medicare Part D plan's formulary will have a monthly copay of $35 or less. | ||||||
30-Day Supply Cost-Sharing |
90-Day Supply Cost-Sharing^ |
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Preferred Pharmacy | Standard Pharmacy | Mail- Order** | Preferred Pharmacy | Standard Pharmacy | Mail- Order** | |
This plan does not have an Initial Deductible: | ||||||
n/a | n/a | n/a | n/a | n/a | n/a | |
Initial Coverage Phase Cost-Sharing: | ||||||
0% | 0% | n/a | n/a | n/a | n/a | |
Coverage Gap Phase Cost-Sharing Incl. Donut Hole Discount (Generics 75%): | ||||||
25% | 25% | n/a | n/a | n/a | n/a | |
Coverage Gap Phase Cost-Sharing Incl. Donut Hole Discount (Brand 75%): | ||||||
25% | 25% | n/a | n/a | n/a | n/a | |
Catastrophic Coverage Phase Cost-Sharing (all Formulary Drugs): | ||||||
$0 | $0 | n/a | n/a | n/a | n/a | |
Your Estimated Cost for Purchases During Each Coverage Phase | ||||||
30-Day Supply Cost-Sharing |
90-Day Supply Cost-Sharing^ |
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Preferred Pharmacy | Standard Pharmacy | Mail- Order** | Preferred Pharmacy | Standard Pharmacy | Mail- Order** | |
Your Estimated Cost Initial Coverage Phase: | ||||||
$15.36 | $15.36 | $15.36 | n/a | n/a | n/a | |
Your Estimated Cost in Gap if Drug is Generic (75% discount): | ||||||
$15.36 | $15.36 | n/a | n/a | n/a | n/a | |
Your Estimated Cost in Gap if Drug is Brand-Name (75% discount): | ||||||
$15.36 | $15.36 | n/a | n/a | n/a | n/a | |
Your Estimated Cost in Catastrophic Coverage (all Formulary Drugs): | ||||||
$0 | $0 | n/a | n/a | n/a | n/a | |
Tier Cost-Sharing Details and Your Costs with Explanations | ||||||
30-Day Supply Cost-Sharing |
90-Day Supply Cost-Sharing^ |
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Preferred Pharmacy | Standard Pharmacy | Mail- Order** | Preferred Pharmacy | Standard Pharmacy | Mail- Order** | |
--- If you purchase during the Initial Deductible Phase --- | ||||||
This plan does not have an Initial Deductible: | ||||||
n/a | n/a | n/a | n/a | n/a | n/a | |
--- If you purchase during the Initial Coverage Phase --- | ||||||
Initial Coverage Phase Cost-Sharing: | ||||||
0% | 0% | n/a | n/a | n/a | n/a | |
Your Estimated Cost Initial Coverage Phase: | ||||||
$15.36 | $15.36 | $15.36 | n/a | n/a | n/a | |
Explanation for 30-Day Preferred Pharmacy purchase: | ||||||
The cost-sharing for purchases made during the initial coverage phase (ICP) would be $0.00 or ($0.00 x 0%). But since the retail drug price ($61.46) is greater than initial coverage limit (), the difference of $61.46 rolls into the coverage gap phase. For the portion that falls into the coverage gap phase, you would pay an additional $15.36 or ($61.46 x 25% -- 70% of the discount counts toward TrOOP and the 5% paid by your plan does not count toward TrOOP). So, your total cost for this one purchase is $15.36 or $0.00 (ICP) + $15.36 (Gap) . | ||||||
--- If you purchase during the Coverage Gap Phase (Donut Hole) --- | ||||||
Your Estimated Cost in Gap if Drug is Generic (75% discount): | ||||||
$15.36 | $15.36 | n/a | n/a | n/a | n/a | |
Explanation for 30-Day Preferred Pharmacy purchase: | ||||||
Your cost is the negotiated retail price of $61.46 x 25%. | ||||||
Your Estimated Cost in Gap if Drug is Brand-Name (75% discount): | ||||||
$15.36 | $15.36 | n/a | n/a | n/a | n/a | |
Explanation for 30-Day Preferred Pharmacy purchase: | ||||||
Your costs is the negotiated retail price of $61.46 x 25%. | ||||||
--- If you purchase during the Catastrophic Coverage Phase --- | ||||||
Catastrophic Coverage Phase Cost-Sharing (all Formulary Drugs): | ||||||
$0 | $0 | n/a | n/a | n/a | n/a | |
Your Estimated Cost in Catastrophic Coverage (all Formulary Drugs): | ||||||
$0 | $0 | n/a | n/a | n/a | n/a | |
Explanation for 30-Day Preferred Pharmacy purchase: | ||||||
Beginning with plan year 2024, the Inflation Reduction Act (IRA) of 2022 eliminates beneficiary cost-sharing once your TrOOP reaches $8,000 -- the established maximum cap on out-of-pocket spending for Part D formulary drugs (RxMOOP). | ||||||
Upper Peninsula Health Plan MI Health Link (Medicare-Medicaid Plan) Average Negotiated Retail Drug Price History | ||||||
30-Day Supply | 90 Day Supply | |||||
June, 2024: | $61.46 | n/a | ||||
March, 2024: | $61.46 | n/a | ||||
January, 2024: | $63.05 | n/a | ||||
September, 2023: | $59.96 | n/a | ||||
June, 2023: | $61.20 | n/a | ||||
March, 2023: | n/a | n/a | ||||
January, 2023: | n/a | n/a | ||||
September, 2022: | n/a | n/a | ||||
June, 2022: | n/a | n/a | ||||
March, 2022: | n/a | n/a | ||||
January, 2022: | n/a | n/a | ||||
September, 2021: | n/a | n/a | ||||
June, 2021: | n/a | n/a | ||||
March, 2021: | n/a | n/a | ||||
January, 2021: | n/a | n/a | ||||
September, 2020: | n/a | n/a | ||||
June, 2020: | n/a | n/a | ||||
March, 2020: | n/a | n/a | ||||
January, 2020: | n/a | n/a | ||||
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June, 2014: | ||||||
March, 2014: | ||||||
January, 2014: | ||||||
October, 2013: | ||||||
January, 2013: | -- | |||||
April, 2012: | -- | |||||
September, 2010: | -- | |||||
Notes:
*The Medicare drug plan’s average negotiated retail drug price is based on several variables: the medication, the quantity of your prescription, the specific Medicare Part D plan, and the pharmacies in the plan’s service area. In this case, the average of the LURASIDONE HCL 80 MG TABLET [Latuda] prices that the Upper Peninsula Health Plan MI Health Link (Medicare-Medicaid Plan) has negotiated with each of the retail pharmacies in the plan’s service area (in Luce, MI: CMS MA Region 11, includes: MI). In other words, when you use the Upper Peninsula Health Plan MI Health Link (Medicare-Medicaid Plan) to purchase LURASIDONE HCL 80 MG TABLET [Latuda], you may pay slightly more or slightly less than the figures shown in the table above depending on the pharmacy where you fill your prescription and the quantity of your prescription. The example average retail prices used above are based on a quantity of 30 for the 30-day supply. **The mail-order cost-sharing is the plan’s "preferred" mail-order cost-sharing. ^If the cost-sharing for your 90-day supply is a percentage (co-insurance), your estimated cost shown in the table above is calculated based on the 30-day average retail price multiplied by three (3). Please keep in mind that some plans offer discounts for purchasing a 90-day mail-order supply. For example, if you purchase a 90-day mail-order supply of your medication, you may only pay for a 60-day supply, based on your plan coverage. However, such a plan-specific discount is NOT shown in the table above because this data is not provided to us in a usable format. You can telephone the Medicare prescription drug plan directly for more details. |
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