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Banner Medicare Simple Rx (PDP) Formulary



Below is the 2022 Formulary, or prescription drug list, from Banner Health Insurance Group for Banner Medicare Simple Rx (PDP)( S3147-001). A formulary is a list of prescription medications that are covered under Banner Health Insurance Group's 2022 Medicare Part-D in Arizona.

This Banner Medicare Simple Rx (PDP) plan has a $480 drug deductible. A deductible is the amount of expenses that must be paid out of pocket before the Initial Coverage period begins. However some drugs do not require that the deductible is met before you receive coverage. You can see if the deductible is required below in the "Does the Deductible Apply" column.

The Initial Coverage Limit (ICL) for this plan is $4430. The Initial Coverage Period is the period after the Deductible has been met but before the Coverage Gap phase. Once you and your plan provider have spent $4430 on covered drugs. (combined amount plus your deductible)

You will enter the coverage gap. (AKA "donut hole") Once you reach the coverage gap you will be required to pay 25% of the plan's cost for covered brand-name prescription drugs unless your plan offers additional coverage. You can see if this plan offers coverage in the "donut hole" be clicking the "Coverage Gap" link on the left above the chart.

In 2022 if you have spent $7550 in expenditures you enter the Catastrophic Phase. During the Catastrophic Period you will begin to receive significant coverage. Banner Medicare Simple Rx (PDP) will begin paying approximately 95% of your covered medication expenses. You can see if this plan covers your drugs in the Catastrophic Phase by clicking the "Catastrophic" link on the left above the chart.




Plan Name:Banner Medicare Simple Rx (PDP)
Plan ID: S3147-001
Formulary
Provider: Banner Health Insurance Group
Plan Year:2022
Premium:$37.40
Deductible:$480
Initial Coverage Limit:$4430
Coverage Area:Arizona


Change Table Options:

Drugs Starting Letter:
Coverage Phase:

⇅ Click the Header to Sort
Drug
Name⇅
Tier
Level
Deductible
Apply
Cost
Preferred
Cost
Non
Preferred
Cost
Mail
Limit
Amt/Days
Prior Auth
Y/N
Step
Therapy
Bacitracin Zinc And Polymyxin B Sulfate
2YNA$11NANN
Baclofen
2YNA$11NANN
Balsalazide Disodium
4YNA38%NANN
Balversa
5NA25%NAYN
Baraclude
5NA25%NANN
Bcg Vaccine
3YNA22%NANN
Benazepril Hydrochloride And Hydrochlorothiazide
2YNA$11NANN
Benznidazole
3YNA22%NANN
Benztropine Mesylate
1YNA$0NAYN
Betamethasone Dipropionate
3YNA22%NANN
Betamethasone Valerate
3YNA22%NANN
Betaxolol Hydrochloride
3YNA22%NANN
Bethanechol Chloride
2YNA$11NANN
Bexarotene
5NA25%NAYN
Bexsero
3YNA22%NANN
Bicillin C-r 900/300
3YNA22%NAYN
Bicillin Cr
3YNA22%NAYN
Bicillin L-a
4YNA38%NAYN
Biktarvy
5NA25%NANN
Bisoprolol Fumarate
2YNA$11NANN
Bisoprolol Fumarate And Hydrochlorothiazide
1YNA$0NANN
Blephamide
4YNA38%NANN
Boostrix
3YNA22%NANN
Bosulif
5NA25%NA30/30YN
Braftovi
5NA25%NA180/30YN
Breztri
3YNA22%NA1/30NN
Brilinta
3YNA22%NANN
Brimonidine Tartrate
2YNA$11NANN
Briviact
5NA25%NA600/30NN
Budesonide
4YNA38%NANN
Bumetanide
2YNA$11NANN
Buprenorphine
2YNA$11NANN
Buprenorphine And Naloxone
3YNA22%NA60/30NN
Buprenorphine Hcl
2YNA$11NANN
Buprenorphine Hydrochloride And Naloxone Hydrochlo
2YNA$11NA90/30NN
Bupropion Hydrochloride
2YNA$11NA30/30NN
Buspirone Hydrochloride
2YNA$11NANN
Butorphanol Tartrate
4YNA38%NA10/28NN
Bydureon Bcise
3YNA22%NA4/28YN
Byetta
3YNA22%NA/30YN

* Drug Prices and Coverage is for a 30 Day Supply



Additional Notes by Medicare Help:

Coverage Levels for S3147-001

Most plans have 4 levels of coverage. The exception is the $0 Deductible Plans.
1.Pre-Deductable: Before you reach the plans deductible of $480. Some plans offer select Pre-deductible drug Coverage
2.Initial Coverage: (ICL) After you reach the plans deductible but before the Initial Coverage limit of $4430
3.Coverage Gap: (AKA Donut Hole) After you reach the plans ICL but before the Catastrophic of $7550 in 2022.
4.Catastrophic: Anything over $7550 you will receive a significant increase in coverage.

Definitions:

Premium: A monthly flat fee that varies by plan.
Deductible: The amount you must pay each year for your prescriptions before your plan begins to pay its share of your covered drugs. The max in 2022 is $320. Some plans have a $0 Deductible.
Tier Level: Medicare drug plans place drugs into different "tiers" on their formularies. Drugs in each tier have a different cost. A drug in a lower tier will generally cost you less.
Quantity Limit Amount/Days: Certain drugs have a Quantity Limit. That means the plan will only cover the drug up to a designated quantity or amount. If your prescribing doctor feels it is necessary to exceed the set limit, he or she must get prior approval before the higher quantity will be covered.
Prior Authorization: Certain Drugs require you or your doctor to get prior authorization in order to be covered. Usually just an additional form. If you dont get approval, the plan may not cover the drug.
Does the Deduct Apply: Some drugs do not require that the deductible is met before you receive coverage.
Step Therapy: Means you must first try one drug to treat your medical condition before the plan will cover another drug for the same condition. If you have already tried other drugs or your doctor thinks they are not right for you, you and your doctor can ask the plan to cover this drug.
Cost Preferred: Your Cost for the Drug at the Providers In Network Preferred Pharmacy. As a Percent of the total drug cost or a flat rate.
Cost Non Preferred: Your Cost for the Prescription Drug at a Non-Preferred Pharmacy. As a Percent of the total drug cost or a flat rate.
Cost Mail: Your Cost for Prescription Drugs through a Mail Order Pharmacy. As a Percent of the total drug cost or a flat rate.


What if a drug I need is not listed?

Please check the formulary for different brand and generic names. If you still cannot locate your drugs, your plan may not offer coverage. Talk to your doctor first about changing your prescription to a drug on your plans formulary. If this is not an option, you can request an exception to have the plan review its coverage decision based on your individual circumstances.

Source:CMS Formulary Data Q1 2022
Source:NDC Directory by FDA.gov

**We make every attempt to keep our information accurate. But please check with the plan providers to verify all information.

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Please contact Medicare.gov, 1-800-MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options. Enrollment depends on the plan’s contract renewal.

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