UnitedHealthcare today announced its 2014 portfolio of Medicare plans, which features new ways for beneficiaries to save money on their Medicare coverage. With the addition of Walmart to the company’s preferred retail pharmacy network and Pharmacy Saver program, customers who enroll in UnitedHealthcare’s stand-alone Part D plans and Medicare Advantage plans that include drug coverage can save money on their medications at nearly 20,000 retail locations nationwide.
UnitedHealthcare’s Medicare plans, many of which carry the AARP brand, have been designed to help meet the diverse needs of the more than 51 million current beneficiaries as well as baby boomers who are aging into Medicare at the rate of 10,000 per day.
Serving nearly one in five Medicare beneficiaries, UnitedHealthcare has the largest membership in the industry in each of its core Medicare product offerings: Medicare Advantage plans, Part D prescription drug plans and Medicare supplement plans.
“We’re the preferred choice of more beneficiaries than any other company because our plans offer benefits that help our members maintain their health and quality of life while also saving money,” said Jack Larsen, CEO of UnitedHealthcare Medicare & Retirement.
Beneficiaries can find additional benefits and services not available through Original Medicare in UnitedHealthcare’s Medicare Advantage plans, which will be available in 44 states, the District of Columbia and most major metropolitan areas in 2014. These benefits include an annual physical, a routine vision and hearing exam, hearing aids at a substantially discounted price, and access to a registered nurse 24 hours a day, seven days a week. Benefits vary by plan.
In the company’s 2014 coverage area, 93 percent of Medicare-eligible individuals – more than 31 million people – will have access to a standard UnitedHealthcare Medicare Advantage plan with a $0 premium beyond the Medicare Part B premium.
Medicare beneficiaries can make changes to their health coverage during the Open Enrollment Period, which begins Oct. 15.