Example Savings | |
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Here are a few examples of how you could save with the WellCare Prescription Drug Program. (based on 2007 plans only) | |
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| Example 1: | |
John currently takes 3 prescription drugs monthly that are on WellCare’s generic drug list. With the
WellCare Signature Plan, he saves $506 annually even after paying a premium of $17.80 per month.
Note: This sample is based on a Florida resident selecting the WellCare Signature program paying zero deductible, $0 co-pay
per drug and a total premium of $214 per year.
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| Example 2: | |
Mary currently takes 1 preferred brand prescription and 1 generic drug prescription monthly. With the WellCare Classic
Plan, she can save $840 each year even after paying a premium of $17.80 per month. If she is able to switch the
preferred brand prescription to a generic, she saves an additional $660 each year.
Note: This sample is based on a Florida resident selecting the WellCare Classic program paying $2 co-pay per drug. For
this sample we have used a $1000 total preferred brand drug cost and a $669 total generic drug cost. This sample
assumes buying drugs on a quarterly basis. Total premium of $214 plus 35% of brand drug cost less a $265 annual
deductible. If Mary were to convert the preferred brand drug to a generic alternative, she would save an additional
$660 annually.
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| Example 3: | |
Jane currently takes 2 preferred brand drugs, 1 non-preferred brand prescription and 2 generic drug prescriptions.
With the WellCare Complete Plan she saves $2,157 annually even after paying a premium of $33.60 per month.
Note: This sample is based on a Texas resident selecting the WellCare Complete program paying $0 co-pay for
generic drug prescriptions, $20 for each preferred brand drug, $70 for each non-preferred brand drug and no
deductible. This example assumes purchasing drugs on a quarterly basis. Example shows a total premium of $403
plus $160 for preferred brand drugs plus $280 for non-preferred brand drugs. If Jane were to convert the brand
drugs to a generic alternative, she would save an additional $440 annually.
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