Walmart to Offer Leading Hypertension Drugs for a Penny Exclusively Through Humana Walmart-Preferred Rx (PDP) Plan
With annual enrollment now under way for 2013 Medicare plans, Humana Inc. (NYSE: HUM) and Walmart (NYSE: WMT) continue to help beneficiaries afford their prescriptions with the launch of a low-cost hypertension drug program. Starting in 2013, members of the Humana Walmart-Preferred Rx Plan will have access to 10 hypertension drugs for $0.01 each when filled at one of the 4,400 Walmart or Sam's Club pharmacy locations.
“A recent study from the Centers for Disease Control and Prevention1 found that close to 70 percent of Medicare beneficiaries aged 65 and older have hypertension,” said William Fleming, Pharm. D., president of Humana Pharmacy Solutions. “This statistic underscores the importance of offering affordable, high quality prescription drugs to baby boomers and other beneficiaries as part of the Humana Walmart-Preferred Rx Plan.”
The $0.01 price for these hypertension drugs means that Humana Walmart-Preferred Rx Plan members will pay $0.01 for them through all phases of their benefit, regardless of whether they have met their deductible or are in the coverage gap. This unique offering from Walmart and Humana builds upon the companies' commitment to provide low cost, high-quality and accessible health care options for Medicare beneficiaries.
“We are committed to making pharmaceuticals more affordable so our customers can ultimately live healthier lives,” said John Agwunobi, M.D., president of Walmart's Health and Wellness Division. “The Humana Walmart-Preferred Rx Plan will help eliminate out of pockets costs for high blood pressure treatments so more patients can follow the regimen prescribed by their physicians.”
The Humana Walmart-Preferred Rx Plan has grown by more than 50 percent over the past year and has nearly 1.5 million Medicare beneficiaries currently enrolled. The new offering makes the following prescriptions more affordable for Humana Walmart-Preferred Rx Plan members living with high blood pressure:
- Metoprolol Tartrate
- Enalapril Maleate
Additional Humana Walmart-Preferred Rx Plan features can be found at http://press.humana.com/news/humana/20121014005054/en/Humana-Walmart-Preferred-Rx-Plan-PDP-Affordable-Prescriptions. The $0.01 pricing that will be available to all plan members on Jan. 1, 2013, however, may not be immediately viewable on Medicare Plan Finder or on the Humana Rx Calculator.
Medicare Part D is the prescription drug program supported by the federal government. Annual enrollment for 2013 Medicare plans runs from Oct. 15, 2012 – Dec. 7, 2012. For more information on the Humana Walmart-Preferred Rx Plan (PDP), please visit walmart.com/rxplan or humana-medicare.com. Beneficiaries can also call Humana toll free at 1-800-899-0441 (TTY: 711). Hours are 8 a.m. to 8 p.m., seven days a week. The online resources feature plan finder tools to compare Medicare Part D options.
Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and live better – anytime and anywhere – in retail stores, online, and through their mobile devices. Each week, more than 200 million customers and members visit our 10,300 stores under 69 banners in 27 countries and e-commerce websites in 10 countries. With fiscal year 2012 sales of approximately $444 billion, Walmart employs more than 2 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting http://corporate.walmart.com, on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmartnewsroom. Online merchandise sales are available at http://www.walmart.com and http://www.samsclub.com.
Humana Inc., headquartered in Louisville, Ky., is a leading health care company that offers a wide range of insurance products and health and wellness services that incorporate an integrated approach to lifelong well-being. By leveraging the strengths of its core businesses, Humana believes it can better explore opportunities for existing and emerging adjacencies in health care that can further enhance wellness opportunities for the millions of people across the nation with whom the company has relationships.
More information regarding Humana is available to investors via the Investor Relations page of the company's web site at www.humana.com, including copies of:
- Annual reports to stockholders
- Securities and Exchange Commission filings
- Most recent investor conference presentations
- Quarterly earnings news releases
- Replays of most recent earnings release conference calls
- Calendar of events (including upcoming earnings conference call dates and times, as well as planned interaction with research analysts and institutional investors)
- Corporate Governance information
Humana is a stand-alone prescription drug plan with a Medicare contract. Other pharmacies are available in our network. The benefit information provided is a brief summary, not a complete description of benefits. For more information contact the plan. Limitations, copayments and restrictions may apply. Benefits, pharmacy network, premium and co-payments may change on January 1 of each year. You must continue to pay your Medicare Part B premium. Medicare beneficiaries may enroll in the plan only during specific times of the year. Contact Humana for more information. If you are a member of a qualified State Pharmaceutical Assistance Program, please contact the Program to verify that the mail order pharmacy will coordinate with that Program.
1 CDC's National Center for Health Statistics, “Health Characteristics of Medicare Traditional Fee-for-Service and Medicare Advantage Enrollees: 1999–2004 National Health and Nutrition Examination Survey Linked to 2007 Medicare Data,” May 3, 2012
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