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Martins Point Generations Advantage Value Plus (HMO) Formulary



Below is the 2023 Formulary, or prescription drug list, from Martins Point Generations Advantage Value Plus (HMO) by Martin's Point Generations Advantage, Inc. A formulary is a continually updated list of available medications and prescription drug cost information. Examining a plans formulary can help you find a Maine Medicare Part-C plan that covers your prescriptions. It also helps you compare costs among Medicare Part D and Medicare Advantage plans available to you. You’ll want to make sure the medicines you are currently taking are covered under any plans you are considering enrolling in.

This Martins Point Generations Advantage Value Plus (HMO)(H5591-013) plan has a $275 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 $4660. 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 $4660 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" by clicking the "Coverage Gap" link above the chart.

In 2023 if you have spent $7400 in expenditures you enter the Catastrophic Phase. During the Catastrophic Period you will begin to receive significant coverage. Martin's Point Generations Advantage, Inc 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 above the chart.



Plan Overview

Plan Name:Martins Point Generations Advantage Value Plus
Plan ID: H5591-013
Provider: Martin's Point Generations Advantage, Inc
Plan Year:2023
Premium:$0.00
Deductible:$275
Initial Coverage Limit:$4660
Coverage Area:Maine
Similar Plan:H5591-015


Change Table Options:

Drugs Starting Letter:
Coverage Phase:

*Tip Click the Drug name to Compare Coverage and Retail Cost for Every Plan In Your Area
⇅ 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
M-m-r Ii
3Y$40$47NANN
Magnesium Sulfate
3Y$40$47NANN
Malathion
4Y$95$100NA59/30NN
Marlissa
3Y$40$47NANN
Marplan
4Y$95$100NA180/30NN
Matulane
528%28%NANN
Mavyret
528%28%NAYN
Meclizine Hydrochloride
2N$10$18NANN
Medroxyprogesterone Acetate
3Y$40$47NANN
Mefloquine Hydrochloride
3Y$40$47NANN
Megestrol Acetate
3Y$40$47NANN
Mekinist
528%28%NAYN
Mektovi
528%28%NAYN
Memantine
4Y$95$100NAYN
Memantine Hydrochloride
4Y$95$100NAYN
Menactra
3Y$40$47NANN
Menquadfi
3Y$40$47NANN
Menveo
3Y$40$47NANN
Mercaptopurine
3Y$40$47NANN
Meropenem
4Y$95$100NANN
Mesalamine
4Y$95$100NA120/30NN
Mesnex
528%28%NANN
Metformin Hydrochloride
1N$0$4NA60/30NN
Methadone Hydrochloride
3Y$40$47NA90/30YN
Methazolamide
4Y$95$100NANN
Methenamine Hippurate
4Y$95$100NANN
Methimazole
1N$0$4NANN
Methotrexate
3Y$40$47NAYN
Methylphenidate Hydrochloride
4Y$95$100NA1800/30YN
Methylprednisolone
3Y$40$47NAYN
Metoclopramide
3Y$40$47NANN
Metolazone
3Y$40$47NANN
Metoprolol Succinate
2N$10$18NANN
Metoprolol Tartrate And Hydrochlorothiazide
3Y$40$47NANN
Metronidazole
4Y$95$100NA59/30NN
Metyrosine
528%28%NAYN
Micafungin
528%28%NANN
Miglustat
528%28%NA90/30YN
Mimvey
3Y$40$47NANN
Minocycline Hydrochloride
3Y$40$47NANN
Minoxidil
2N$10$18NANN
Mirtazapine
3Y$40$47NANN
Mitigare
3Y$40$47NA60/30NN
Moexipril Hydrochloride
1N$0$4NANN
Molindone Hydrochloride
4Y$95$100NANN
Mometasone Furoate
3Y$40$47NANN
Montelukast Sodium
4Y$95$100NANN
Morphine Sulfate
3Y$40$47NA90/30YN
Movantik
3Y$40$47NA30/30NN
Moxifloxacin
3Y$40$47NANN
Mupirocin
2N$10$18NA220/30NN
Mycophenolate Mofetil
528%28%NAYN
Mycophenolic Acid
4Y$95$100NAYN
Myrbetriq
4Y$95$100NA300/28NN

* Drug Prices and Coverage is for a 30 Day Supply



Additional Notes by Medicare Help:

Coverage Levels for H5591-013

Most plans have 4 levels of coverage. The exception is the $0 Deductible Plans.
1. Pre-Deductable: Before you reach the plans deductible of $275. 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 $4660
3. Coverage Gap: (AKA Donut Hole) After you reach the plans ICL but before the Catastrophic of $7400 in 2023.
4. Catastrophic: Anything over $7400 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 2023 is $505. 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 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 plan's 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.

Last updated on

Source:CMS Formulary Data Q4 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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