MedCo Insurance Company was recently acquired by and now operates as a subsidiary of, Express Scripts. The company is one of the largest providers of prescription drugs and Rx drug plans in the country. They specialize in Medicare Part D and work with Medicare supplement plans that contain prescription drug provisions. MedCo Medicare Plans are intended to fill prescription coverage gaps in traditional health plans.

MedCo Medicare Insurance Plans

Key Takeaways

  • Policyholders are exclusively offered Medicare Part D supplemental plans
  • MedCo Medicare Plans prioritize prescription drug coverage
  • As of 2015, MedCo has a Moody’s credit rating of Baa3

Affiliated Brand Names

  • MedCo
  • MedCo Express Scripts
  • Express Scripts

MedCo Company Highlights

  • Currently employs more than 30,000 employees
  • 1.4 billion total adjusted prescriptions
  • Over 80% of drugs dispensed are affordable generics
  • Number 24 on the Fortune 500 list

Why Choose MedCo Medicare Plans

There is no pre-existing condition waiting period. Once your policy is in effect, any prior medical conditions will be covered. MedCo also offers a discount on your monthly premium when you choose automatic monthly payments.

MedCo Medicare Plans Offered

MedCo exclusively offers coverage for prescription and drug services, so they’re considered supplemental. New customers may not be able to sign up for a Medicare Advantage or Medicare supplement insurance plan. Current Medigap policies may be managed by third parties.

Medicare Supplement Plans NO
Medicare Advantage Plans NO
Medicare Part D Drug Plans YES

MedCo Premium Comparison

Comparison shopping is an invaluable tool when it comes to finding a good price on any good or service. Shopping around can be overwhelming at times, so we’ve made the process a little easier. Below, you will see a bar graph for average prices, as well as how those prices compare to the rates that MedCo is offering:

This Table Represents National Average Costs of Medicare Supplement Plans

Plan Type Starting From Part A Deductible Part B Deductible Excess Nursing Travel
Plan C $118* $0 $0 Not Covered 100% Covered 100% Covered Request Info
Plan F
Most popular
$116* $0 $0 100% Covered 100% Covered 100% Covered Request Info
Plan G $105* $0 $233 100% Covered 100% Covered 100% Covered Request Info
Plan B $104* $0 $233 Not Covered Not Covered Not Covered Request Info
Plan N $70* $0 $233 Not Covered 100% Covered 100% Covered Request Info
Plan D $97* $0 $233 Not Covered 100% Covered 100% Covered Request Info
Plan A $69* $1,556 $233 Not Covered Not Covered Not Covered Request Info
Plan L $76* $389 $233 Not Covered 75% Covered Not Covered Request Info
Plan K $45* $778 $233 Not Covered 50% Covered Not Covered Request Info
Plan M $97* $778 $233 Not Covered 100% Covered 100% Covered Request Info

Financial Strength Ratings

Credit rating agencies, like the big 3 listed below, don’t just examine credit. They also look at the financial strength of a company. As you can probably guess, the higher the rating, the higher the strength – and the more reliable the company is.

A.M. Best Rating A
Standard & Poor’s Rating No Rating
Moody’s Rating Baa3

MedCo Review

Express Scripts is one of the leading prescription drug providers for anyone on Medicare, Medicaid, or a regular health insurance plan. MedCo Medicare Plans are intended to provide drug coverage where traditional health insurance has gaps. As a result of their acquisition of MedCo in April 2012, they have officially become the largest pharmacy benefit manager in the entire country.

  • Market Experience
  • Fast Claims Processing
  • Strong Financial Reserves
  • Competitive Rates
  • Customer Satisfaction


How To File A Claim With MedCo

You can file a claim by giving them a call at 1-800-282-2881.

To speak with a person:

  1. Say “claim”
  2. Give the automated system your date of birth, and name
  3. You will then be transferred to a live customer service representative

Is MedCo the Same as Express Scripts?

MedCo and Express Scripts have merged into one company. Because MedCo now operates as a subsidiary of Express Scripts, the company’s new focus is on prescription drugs and prescription drug plans.

When did MedCo merge with Express Scripts?

MedCo merged with Express Scripts on April 2nd, 2012.

What specialty pharmacy does MedCo use?

MedCo specialty pharmacy is Accredo. Accredo dispenses specialty medications via mail-in.

Does Walgreens participate in Express Scripts?

Yes, you can get your 90-day prescriptions refilled at Walgreens.

How To Get A MedCo Rate Quote

Customers looking to get a rate quote, or learn more about plans have 2 options:

by Lindsay Malzone, Lindsay Malzone is the Medicare expert for She's been contributing to many well-known publications as an industry expert since 2017. Her passion is educating Medicare beneficiaries on all their supplemental Medicare options so they can make an informed decision on their healthcare coverage.