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Understanding Silverscript Medicare Prescription Drug Plans

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Introduction to Silverscript Medicare Prescription Drug Plans

SilverScript, part of the CVS Health family, is a provider that specializes in Medicare Part D prescription drug plans. Medicare Part D is a federal program that helps Medicare beneficiaries pay for prescription drugs. Those who enroll in Medicare are often searching for ways to manage the cost of their medications, and SilverScript offers options that can align with different healthcare needs and budgets.

Understanding Medicare Part D

Before diving into the specifics of SilverScript, it’s important to have a basic understanding of what Medicare Part D covers. Medicare Part D provides coverage for prescription drugs through private insurance companies like SilverScript. These plans are optional and stand apart from Original Medicare, which does not typically cover outpatient prescription drugs. Part D coverage can be obtained as a standalone plan paired with Medicare Part A and Part B, or as part of a Medicare Advantage Plan that includes prescription drug coverage.

Exploring SilverScript Plans

SilverScript offers several prescription drug plans, which are designed to meet a variety of medical needs and financial situations. These plans are highly rated with competitive premiums and cover a wide range of medications.

SilverScript Choice

This plan is one of the most popular SilverScript plans and is available in many states. It often includes a $0 deductible on Tier 1 and 2 drugs, and has a moderate premium. The SilverScript Choice plan is designed to offer comprehensive coverage for commonly used medications and provides additional savings when using CVS Caremark Mail Service Pharmacy.

SilverScript Plus

The SilverScript Plus plan offers extensive drug coverage and includes additional benefits like a $0 deductible on all tiers of covered drugs, and a $0 copay for Tier 1 drugs when filled at a preferred network pharmacy or through mail service. This plan is suited for individuals who require numerous or costly medications and is designed to offer a higher level of coverage. It also provides coverage in the coverage gap (also known as the donut hole).

SilverScript SmartRx

This plan is designed for cost-aware individuals, featuring the lowest monthly premium of all SilverScript plans. While the SmartRx plan covers a wide range of common medications, it has a narrower pharmacy network compared to other SilverScript plans.

Cost Considerations

The cost of SilverScript plans varies based on the specific plan, your location, and the medications you use. Costs associated with Medicare Part D plans generally include premiums, deductibles, copayments, or coinsurance. Comparing these factors against your current medication needs is crucial when choosing the right plan.

Enrollment and Eligibility

To enroll in a SilverScript Medicare Prescription Drug Plan, individuals must be entitled to Medicare Part A and/or enrolled in Medicare Part B and live in the plan’s service area. Enrollment in these plans is generally available during the Initial Enrollment Period (IEP), the Annual Election Period (AEP), which runs from October 15 to December 7 each year, or during special enrollment periods triggered by qualifying events.

Choosing the Right SilverScript Plan

Choosing the right medication coverage under Medicare Part D can be daunting. Consider factors such as which medications you take, preferred pharmacies, and how often you require each medication. Comparison tools available through and direct consultations through SilverScript can aid beneficiaries in making an informed decision. It is also advisable to review your Medicare drug plan each year, as formularies and associated costs may change annually.


SilverScript offers a range of Medicare Part D plans to help beneficiaries manage the cost of their prescription drugs effectively. Detailed consideration of each plan’s features, costs, and covered medications will help determine the best choice for one’s individual health needs and financial situation. Consulting with a healthcare advisor or using online resources are excellent steps toward making an informed decision about Medicare prescription drug coverage.

Disclaimer: The materials available on this site are for informational purposes only and should not be construed as advice or guarantees on any subject matter. The opinions and statements expressed through this site are the opinions of the individual author and may not reflect the opinions of JAUNTIN’. This blog contains general information which may not be current or accurate. For specific questions about insurance and any requirements, please contact your insurer or health benefit provider directly.