WellPoint Affiliates Launch Preferred Pharmacy Network For Medicare Plans

(RTTNews) - Health insurer WellPoint Inc. (WLP) Tuesday announced that most of its 2014 affiliated Medicare drug plans and medical plans with drug coverage will help members save money on their prescription medications through the use of a preferred pharmacy network.

The company noted that the preferred pharmacy network is composed of Kroger, Rite Aid and Walmart pharmacies and their affiliates. The preferred pharmacy network is part of all of WellPoint's affiliated Part D standalone Prescription Drug Plans and most of its affiliated Medicare Advantage Prescription Drug Plans.

WellPoint affiliates currently serve more than 1.8 million Medicare members.

"Launching this preferred pharmacy network not only saves members on their drug purchases, which helps them improve their adherence and their health, but also allows WellPoint's affiliates to offer standalone PDP plans with more attractive premiums than in years past," said Leeba Lessin, executive vice president and president of WellPoint's Medicare Programs.