ADVANCED NOTICE – SilverScript Insurance Company Marketing AgentUpdate – November 5, 2016

ADVANCED NOTICE – SilverScript Insurance Company Marketing AgentUpdate – November 5, 2016

November 5, 2016

MARKETING AGENT

IN THIS ISSUE

Introduction

SilverScript Choice: continues to resonate in the marketplace

SilverScript Plus: a competitively-priced enhanced plan for Gap Choosers

SilverScript adds drugs to its 2017 formularies

Order more supplies now via the self-service Enrollment Kit Reorder tool

We are already about three weeks into the Medicare Annual Enrollment Period (AEP) and wanted to share some insights and observations with you. For additional helpful information, please log into the SilverScript Agent Portal and review the new briefs displayed on our home page.

SilverScript Choice: continues to resonate in the marketplace

During the 2017 AEP, Medicare beneficiaries may want reassurance that SilverScript prescription drug plans compare favorably with other Part D plans. Two points to emphasize include:

$0 Deductible:  SilverScript offers true $0 deductible plans (with the exception of SilverScript Choice in Alaska and Hawaii). Unlike other plans that may offer $0 deductible only on certain drug tiers that include generics or lower cost medications, SilverScript members won’t pay a deductible at all in 2017, regardless of what drugs they take. Members can have the peace of mind that comes along with a $0 deductible, beginning with their very first medication; and if something changes mid-year, they will still pay no deductible.

One low copay at EVERY network pharmacy:  SilverScript Choice members ALWAYS pay the same copay at any of our 66,000+ nationwide network pharmacies for the same medication. They don’t have to go to a specific pharmacy for lower cost sharing, or worry about inconsistent copays or unexpected cost increases.
SilverScript Plus: a competitively-priced enhanced plan for Gap Choosers

If your client is a chooser who takes several drugs on a regular basis and is likely to reach the Coverage Gap in 2017, the cost-saving features of SilverScript Plus can provide outstanding overall value over the course of a plan year.

In addition to $0 deductible coverage (Plus plan not available in Alaska), nationwide pharmacy convenience, 90-day savings at mail/retail, free standard mail service deliveries and 24/7 Customer Care, key Plus plan selling points include

New lower premiums

Plus premiums are lower in 2017, making it an even better value for choosers who want enhanced Part D coverage from a leading Part D provider with an affordable premium

Preferred Pharmacy Savings

More than 36,000 preferred pharmacies across the U.S. offer Plus members the lowest copays to help them save on their medications every time they’re filled.

Tier 1 and 2 coverage in the Gap

Without Gap coverage, a beneficiary will pay much higher copays for their Tier 1 and 2 prescriptions until they leave the Gap. Plus coverage offers Tier 1 and 2 coverage that helps protect their savings while in the Gap.

Confirmed value through comparison shopping

To provide real-world competitive cost data, we recently compared sample medications (commonly used by people with Medicare Part D who reach the Coverage Gap) with other Part D plans across five regions at selected pharmacies. Our comparison revealed that

SilverScript Plus:

Ranks consistently in the top three in 10 out of 10 baskets.
Ranks #1 in each region when Walgreens is not included as a selected pharmacy.
Ranks either 2nd or 3rd in regions when Walgreens is included as a selected pharmacy.

SilverScript adds drugs to its 2017 formularies

You know that your clients can count on SilverScript for affordable Medicare Part D plans that are easier to use and offer extensive brand and generic drug coverage. What you may not know is that SilverScript continually negotiates with drug manufacturers to get the lowest costs for our valued members.

For 2017, we are pleased to announce that ongoing negotiations allow us to make the following updates to the SilverScript formularies:

 ELIQUIS

A blood thinner used to help prevent clots from forming due to irregular heartbeat or after hip/knee replacement surgery, will be covered as a Tier 4 Non-Preferred Brand with Prior Authorization needed for new starts.

ZEPATIER

An agent used to treat chronic hepatitis C virus, will be added as a Tier 5 Specialty Medication.

NEXIUM® and NASONEX®

SilverScript will continue to cover both Nexium and Nasonex as a Tier 3 drug in 2017

ROSUVASTATIN

Rosuvastatin is a generic alternative for Crestor®, and will be covered as a Tier 2 drug in 2017. As a lower-cost generic, Rosuvastatin may represent a significant savings opportunity for members who take Crestor®.

Get accurate pricing for 2017 SilverScript plans

Due to these recent updates, you may not get accurate results from the Medicare.gov Plan Finder if you use it to price these SilverScript drugs for 2017. For accurate formulary drugs and drug pricing, visit SilverScriptAgentPortal.com and click on the Pricing Tool link.

Order more supplies now via the self-service Enrollment Kit Reorder too

Plan ahead! Be certain you have an ample inventory of supplies on hand during AEP (any surplus can be used for your Turning 65 business during 2017). Visit the SilverScript Agent Portal and click on the Enrollment Kit Reorder link to place your reorders. You can even track shipping status. Supplies ship via FedEx ground and cannot be delivered to PO Boxes.

Quick Link:

www.SilverScriptAgentPortal.com

Questions or comments? Please contact your upline admin team. They are ready to support you.

FOR AGENT USE ONLY and not intended for public or general use.

CONFIDENTIALITY NOTICE: This communication and any attachments may contain confidential and/or proprietary information for the use of the designated recipients named above. If you are not the intended recipient, you are hereby notified that you have received this communication in error and that any review, disclosure, dissemination, distribution or copying of it or its contents is prohibited. If you have received this communication in error, please notify the sender immediately by telephone and destroy all copies of this communication and any attachments.

This document contains references to brand-name prescription drugs that are trademarks or registered trademarks of pharmaceutical manufacturers not affiliated with CVS Caremark.

©2016 CVS Caremark Part D Services, L.L.C. All rights reserved. CVS Caremark Part D Services Confidential Information. This newsletter contains CVS Caremark Part D Services Confidential Information and cannot be used, reproduced, distributed or printed without written permission from CVS Caremark Part D Services.

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