There were 3,459,967 Florida residents enrolled in Medicare Part D plans last year. That number continues to climb year after year. 1,518,449 enrollees were covered by stand-alone Medicare Prescription Drug plans, Part D plans, with 1,982,751 enrolled in Medicare Advantage Prescription Drug plans.

Florida Medicare Part D Plans for 2023

Florida Medicare Part D plans offer insurance coverage for prescription drugs, paid for by private insurance companies. Many insurance providers offer one or more Medicare Part D plans, including Cigna, Aetna, and Humana, to name a few.

This article will present several Medicare Part D plans available in Florida, sorting them by those that offer the lowest premiums, zero-dollar deductibles, gap coverage, and low-income subsidies.

Part D Plans With the Lowest Premiums in Florida

An insurance premium is an amount the beneficiary must pay monthly for the coverage. Plans with lower premiums often include deductibles, as shown below. You may also notice each plan has a star rating. This is a rating of the plan’s effectiveness on a scale of one to five, with five being the highest.

Aetna offers the plan with the lowest premium at only $7.70 per month. The deductible on this plan is $480.

For a lower deductible, consider United Health Care. This plan has a deductible of only $310 but a slightly higher premium of $29.30.

Another option is Wellcare, which has an affordable $12 premium and a $480 deductible.

PLAN PREMIUM DEDUCTIBLE STAR RATING GAP COVERAGE
Aetna $7.70 $480 3 No
Wellcare $12.00 $480 3 No
Clear Spring Health $19.70 $480 2 No
Humana $22.70 $480 4 No
UnitedHealthcare $29.30 $310 4 Yes

Part D Plans With a Zero-Dollar Deductible in Florida

There are many Florida Medicare Part D plans available that have zero-dollar deductibles. Zero-dollar deductible plans often have higher premiums, so the benefit depends on how much the beneficiary uses monthly coverage.

Some Medicare beneficiaries benefit more from low-premium plans, while others benefit more from no zero-dollar deductible plans.

Aetna is a popular zero-dollar deductible plan with an affordable premium of $63.40. This plan also offers gap coverage, which we will discuss below.

Wellcare offers the next most affordable plan with no deductible with a $68.90 premium.

Another option is United Health Care, offering a plan with a $101.02 premium and gap coverage.

PLAN PREMIUM DEDUCTIBLE STAR RATING GAP COVERAGE
Aetna $63.40 $0 3 Yes
Wellcare $68.90 $0 3 No
UnitedHealthcare $101.20 $0 3 Yes
BlueMedicare Complete $174.30 $0 3 Yes

Part D Plans With Gap Coverage in Florida

There are four coverage phases of a Medicare Part D plan. The third coverage phase is the Coverage Gap phase, sometimes called the “donut hole.” Beneficiaries who fall into this phase must pay a certain percentage of their prescription fees.

Some plans partially fill this gap by offering coverage for all drugs within a particular tier, usually tier 1, through the donut hole phase. Most Medicare beneficiaries never enter this coverage phase, but the following plans can help if you find yourself in the “donut hole.”

Many of these plans offer zero-dollar deductibles, including Aetna’s $63.40 premium plan.

UnitedHealthcare offers a four-star rated option. This plan has a low premium at $29.30 and a $310 deductible.

Another option is Cigna, with a low $100 deductible and a $66.80 premium.

PLAN PREMIUM DEDUCTIBLE STAR RATING GAP COVERAGE
UnitedHealthcare $29.30 $310 4 Yes
Aetna $63.40 $0 3 Yes
UnitedHealthcare $101.20 $0 3 Yes
BlueMedicare Complete $174.30 $0 3 Yes
Cigna $66.80 $100 3 Yes

Part D Plans With a Low-Income Subsidy in Florida

Of the 3,459,967 Medicare Part D enrollees in Florida, 874,574 were eligible for a low-income subsidy to help cover the costs of prescription drug plans. These enrollees also do not contend with the drug coverage “donut hole” discussed above.

All of these plans have $480 deductibles and low premiums. The Wellcare option premium is only $28.

Very comparable, an Aetna plan offers coverage for a $29.10 premium.

Clear Spring Health offers a barely higher premium of $29.40 but has a two-star rating.

PLAN PREMIUM DEDUCTIBLE STAR RATING GAP COVERAGE
Wellcare $28.00 $480 3 No
Aetna $29.10 $480 3 No
Clear Spring Health $29.40 $480 2 No
Cigna $33.10 $480 3 No

Amount of Beneficiaries that Fall Into Each Phase in Florida

The Medicare Part D program has four phases of coverage: the Deductible Phase, the Initial Coverage Phase, the Coverage Gap (or Donut Hole) Phase, and the Catastrophic Phase.

The chart below shows the number of Medicare Part D enrollees in each coverage phase. As you can see, most enrollees remain in the Deductible and Initial Coverage phases.

Deductible Phase Initial Coverage Phase Coverage Gap Phase Catastrophic Phase
976,114 1,500,416 388,029 260,439

Medigap Coverage for Florida Cities’ Average Premiums

Many of Florida’s bigger cities are near the coastline. For those places, we have estimates at your fingertips for the following places:

FAQs

What is the most popular Medicare Part D plan in Florida?

Aetna, a subsidiary of CVS, has several popular Florida Medicare Part D plans. Their Prescription Drug plans include the lowest premium plan listed above (at only $7.70 per month) and the most affordable zero-dollar deductible plan (at $63.40 per month). Aetna plans also offer enrollees free Tier 1 prescription drugs.

What is the cost of Medicare Part D in Florida?

The exact cost of your Medicare Part D plan will depend on the plan itself, but there are a few general numbers that are always accurate. For example, Florida Medicare Part D plans have $480 and lower deductibles. Premium rates fluctuate more drastically, ranging from just $7.70 per month to $174.30 per month.

How does Florida ADAP work with Medicare Part D?

If you are enrolled in the AIDS Drug Assistance Program (ADAP), you must enroll in Medicare Part D if you qualify for Medicare. Your Part D plan will cover more medications than your ADAP. Still, you can use your ADAP coverage to pay fees associated with Medicare Part D plans, such as premiums, co-payments, and deductibles.

Is Medicare Part D automatically deducted from Social Security in Florida?

In general, Medicare Part B premiums are the ones that are automatically deducted from Social Security. However, you can opt to have your Part D premiums deducted by contacting the insurance provider with whom you are enrolled for Part D benefits.

How to Enroll in a Medicare Part D Plan in Florida

With so many Florida Medicare Part D plans to choose from, it’s tricky to know which one is the ideal plan for you. Luckily, we make it easy to compare plans to make an informed, confident decision, and we do it for free! Get started today by using our online form to get a free rate quote.

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by Lindsay Malzone, Lindsay Malzone is the Medicare expert for Medigap.com. 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.