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Walmart becomes preferred pharmacy in Aetna CVS PDP
January 8th, 2014
HARTFORD, Conn. – Aetna has added Walmart and Sam's Club pharmacies to the preferred pharmacy network of the Aetna CVS/pharmacy Prescription Drug Plan.
The health insurer said Wednesday that the Walmart and Sam's pharmacies became part of the preferred network effective Jan. 1.
Available in 43 states and the District of Columbia, the Aetna CVS/pharmacy PDP has a preferred pharmacy network comprising 4,200 Walmart, 580 Sam's Club and over 7,500 CVS/pharmacy locations. In addition, members can also use any of the 52,700 pharmacies in the Aetna Medicare network.
"The addition of Walmart and Sam's Club pharmacies to the preferred pharmacy network for this plan offers members greater affordability when they purchase medicines at one of these popular pharmacy chains," Nancy Cocozza, president of Aetna's Medicare business, said in a statement.
The Aetna CVS/pharmacy PDP offers a median $32 monthly plan premium plus low, fixed co-payments for generic drugs, according to Aetna. Medicare beneficiaries who sign up for the plan and fill their prescriptions at a Walmart or a Sam's Club pharmacy can realize savings on out-of-pocket prescription costs. By filling prescription drugs at these preferred pharmacies, compared with a non-preferred network pharmacy, plan members will pay a $2 co-payment for nearly 800 preferred generics in most states, and pay a $1 co-pay in all states for specialty generic medications commonly used for the treatment of hypertension, high cholesterol and diabetes, the company said.