MedicarePartD.guide

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Q1Group 2016 PDP Analysis: 2016 Medicare Part D plan landscape data changes reduce the number of Medicare Part D plans qualifying for the Low-Income Subsidy $0 premium in some states.

Annual Medicare plan changes · published Oct 7, 2015

The Centers for Medicare and Medicaid Services (CMS) has released an updated version of the 2016 stand-alone Medicare Part D prescription drug plan (PDP) landscape data now showing that several Medicare Part D plans were incorrectly marked in the original file as qualifying for the LIS $0 premium.

These incorrectly marked Medicare Part D plans are shown in the table below, and according to the latest CMS data update, these plans do not qualify for the full-LIS $0 premium.

State Medicare plan Premium Deductible
Alabama Magellan Rx Medicare Basic (PDP) - S4607-012 $32.80 $360
Idaho Magellan Rx Medicare Basic (PDP) - S4607-024 $40.70 $360
Kansas EnvisionRxPlus Silver (PDP) - S7694-024 $32.20 $360
Michigan Magellan Rx Medicare Basic (PDP) - S4607-013 $34.10 $360
New York EnvisionRxPlus Silver (PDP) S7694-003 $41.20 $360
North Carolina EnvisionRxPlus Silver (PDP) - S7694-008 $32.70 $360
North Carolina Magellan Rx Medicare Basic (PDP) - S4607-010 $33.00 $360
Pennsylvania Magellan Rx Medicare Basic (PDP) - S4607-008 $35.90 $360
Tennessee Magellan Rx Medicare Basic (PDP) - S4607-012 $32.80 $360
Texas Magellan Rx Medicare Basic (PDP) - S4607-019 $29.90 $360
Utah Magellan Rx Medicare Basic (PDP) - S4607-024 $40.70 $360
West Virginia Magellan Rx Medicare Basic (PDP) - S4607-008 $35.90 $360

We noted in an earlier article that most states will offer fewer 2016 Medicare Part D plans qualifying for the state’s Low-Income Subsidy (LIS) $0 premium.  However, based on the updated PDP landscape data, in some states there are actually even fewer plans than we reported earlier.

You can click here to read more about $0 premium LIS plan availability and see a chart of how the average number of $0 LIS qualifying Medicare Part D plans has changed since 2007.   For more about the decline in the number of LIS $0 premium plans, you can click here for our article: “this site analysis of the 2014 to 2016 decline of Medicare Part D plans qualifying for the $0 premium Low-Income Subsidy (LIS)”.

Please note, we have updated our 2016 Medicare Part D Plan Finder and 2016 Medicare Part D PDP-Facts pages with the latest CMS Medicare Part D landscape data.