WPS MedicareRx Plans are some of the top-rated prescription drug plans in the state, earning 4.5 stars out of 5 from the Centers for Medicare & Medicaid Services. (3)
Madison, WI (PRWEB) October 14, 2011
With Medicare’s Annual Enrollment Period (October 15 through December 7 this year) now underway, WPS Health Insurance, Wisconsin’s leading not-for-profit health insurer and creator of the state’s top-selling Medicare supplement plan(1), continues to offer Wisconsin seniors affordable access to some of the state’s most popular and highly rated Medicare Part D plans for 2012.
“As the cost of prescription drugs continues to rise, Wisconsin seniors need flexible and affordable protection they can depend on,” said Tom Olson, senior vice president of sales and marketing at WPS Health Insurance. “WPS MedicareRx Plans bring seniors the coverage they need and the peace of mind they deserve. That’s why our plans are preferred by more than 25,000 seniors statewide—making WPS the largest not-for-profit Medicare Part D provider in the state.” (2)
Each year, thousands of seniors choose WPS MedicareRx Plans because these plans:
+ Cover a wide range of brand-name and generic medications
+ Offer competitive monthly premiums and stable rates; simple copays; and the choice of a no-deductible plan
+ Provide coverage for generic drugs through the Medicare coverage gap, or “donut hole”
+ Are welcome at more than 55,000 pharmacies nationwide
In addition, WPS MedicareRx Plans are some of the top-rated prescription drug plans in the state, earning 4.5 stars out of 5 from the Centers for Medicare & Medicaid Services. (3)
“Medicare Part D coverage is important for all Medicare beneficiaries—even seniors who don’t take prescription medications today,” said Olson. “That’s because most people literally cannot afford to be caught off-guard if their health should suddenly change.”
During Medicare’s AEP, all Wisconsin seniors are eligible for WPS MedicareRx plans, regardless of income level or assets, pre-existing conditions, or current prescription expenses. But it is critical for Medicare beneficiaries who are currently enrolled in a plan to make their selections now if they wish to change their coverage for 2012, because once the AEP ends on December 7, seniors will be unable to switch plans until January 2013 unless they qualify for a special enrollment period.
“We recommend that seniors make coverage decisions based on long-term value and benefits,” said Olson. “The lowest-cost plan isn’t always the best choice, and it may not even be the most affordable if it comes with high out-of-pocket costs or high rate increases after the initial low rate.”
Backed by first-rate customer service and award-winning ethics.
WPS MedicareRx plans are backed by friendly and professional service that has become a company hallmark. An enthusiastic 98% of WPS Medicare supplement customers say they would recommend WPS to a friend or family member (4), and WPS Part D members receive the same level of attentive care.
WPS’ commitment to ethical service has earned the company recognition worldwide. In 2010 and 2011, WPS was named one of the “world’s most ethical companies” by the international Ethisphere™ Institute (5). This award recognizes companies that demonstrate real and sustained ethical leadership within their industries, and WPS is the only health insurance company in the world to receive this distinction.
Forty-five years of experience serving seniors on Medicare.
WPS has served seniors on Medicare since Medicare began in 1966. Not only is WPS the leading not-for-profit Part D provider in the state2, but it is also home to Wisconsin’s #1-selling Medicare supplement plan,1 the WPS Medicare Companion, which today helps nearly 40,000 Medicare beneficiaries fill the gaps in Medicare coverage at competitive premiums.
(1) Based on sales data submitted by insurers to the Wisconsin Office of the Commissioner of Insurance, 2010. (2) CMS enrollment data, 8/2011. (3) Medicare.gov, 10/2011. (4) WPS Customer Satisfaction Survey, 2011. (5) 2010 & 2011 World’s Most Ethical Companies Ranking, Ethisphere™ Institute, http://ethisphere.com/wme2011. Wisconsin Physicians Service Insurance Corporation (WPS Health Insurance) is a Medicare-approved Part D sponsor.
About WPS Health Insurance
Founded in 1946, WPS is Wisconsin’s leading not-for-profit health insurer, offering affordable individual health insurance, family health insurance, high-deductible health plans, and short-term health insurance, as well as flexible and affordable group plans and cost-effective benefit plan administration for businesses. In addition, the WPS Medicare division administers Part A and B benefits for millions of seniors in multiple states, and the WPS TRICARE division serves millions more members of the U.S. military and their families. In 2010 and 2011, WPS was recognized by the international Ethisphere™ Institute as one of the World’s Most Ethical Companies, and is the only health insurance company to earn this distinction. For more information about WPS Health Insurance, visit http://www.wpsic.com.