Medicaid/Medicare Medicare Part D

Walmart is the low-price leader

…at least when it comes to prescription drugs.  Health Pocket reports that the lowest cost Part D plan is the Humana/Walmart RX plan which charges a monthly premium of $12.60.  In 2013, AARP MedicareRX Saver Plus from UnitedHealthcare was the lowest cost plan and charged a premium of $15.  In 2014, however, the monthly premium jumped by more than 50 percent to $23.74.

Overall, the average Part D premium for 2014 increased only 0.1% from $53.74 to $53.80.

The premium you pay, however, depends on where you live. High cost states (with average premiums in parentheses) are:

  • Colorado: ($61.28)
  • Florida: ($63.73)
  • Idaho: ($62.23)
  • Pennsylvania: ($61.62)
  • Utah: ($62.23)
  • West Virginia: ($61.62)

Low cost states include:

  • Arkansas ($48.15)
  • Hawaii ($41.98)
  • Maine ($47.67)
  • New Hampshire ($47.67)

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