There are more than 356,000 retirees in Nevada who depend on Medicare Part D to get their prescription drugs at a relatively affordable rate.

When you break down the numbers, there’s almost an even split between those who are enrolled in Original Medicare plus Part D and those who are enrolled in a Medicare Advantage prescription drug plan. But the Medicare Advantage side has slightly stronger numbers.

Nevada Medicare Part D Plans for 2022

Your Medicare Part D prescription drug plan is fairly straightforward: most charge you some sort of monthly premium and ask that you hit a spending deductible before you start getting the discounted price for your medication.

Some plans offer very low premiums, a $0 deductible, or even gap coverage. But for every plan that lowers their up-front costs, there’s usually an expense down the line that you will have to pay.

Part D Plans with the Lowest Premium in Nevada

If your main goal is paying the lowest possible monthly premium, then you might be tempted to pick a drug plan from Aetna. You’ll have to pay the $480 deductible first, but after that, your premiums will only cost about $88 per year.

UnitedHealthcare has the most expensive premium at just over $29 per month. But the fact that it has a lower annual deductible actually makes it cheaper than either Clear Spring or Humana.

It also ties with Humana for the highest customer service ratings and offers gap coverage, too. None of the other plans offer gap coverage, including Wellcare.

PLAN PREMIUM DEDUCTIBLE STAR RATING GAP COVERAGE
Aetna $7.30 $480 3 No
Wellcare $12.00 $480 3 No
Clear Spring $16.00 $480 2 No
Humana $22.70 $480 4 No
UnitedHealthcare $29.30 $310 4 Yes

Part D Plans with a Zero-Dollar Deductible in Nevada

Zero deductible plans are great for lowering your out-of-pocket costs in the short term. But over time, even a plan like Aetna’s can cost you $762 per year, which is more expensive than any of the previously reviewed plans.

Anthem seems like the most attractive plan because not only do they have high customer service ratings, but they also offer gap coverage. But this plan will cost you over $866 per year in monthly premiums.

UnitedHealthcare is the most expensive, costing a total of $1,213 per year in monthly premiums. But you do get gap coverage with that, and they seem like a fairly reputable company. Wellcare is the only plan which does not offer gap coverage.

PLAN PREMIUM DEDUCTIBLE STAR RATING GAP COVERAGE
Aetna $63.50 $0 3 Yes
Wellcare $69.00 $0 3 No
Anthem $72.20 $0 4 Yes
UnitedHealthcare $101.10 $0 3 Yes

Part D Plans with Gap Coverage in Nevada

Gap coverage is helpful for protecting you from the Nevada Medicare Part D donut hole. In Nevada, UnitedHealthcare offers beneficiaries two different options.

The first is a low-premium, high-deductible plan which costs a grand total of $662 per year before you start getting your discounted drugs, and the second is a high premium, $0 deductible plan which costs over $1,200 per year before you get your drug discounts.

A $0 deductible plan from Aetna only costs around $762 per year in monthly premiums and you start getting your drug discounts right away. It also has favorable customer service ratings.

Anthem is the second most expensive plan because that $72 monthly premium will cost you a little over $866 per year. But they have some of the highest customer service ratings according to Nevada beneficiaries.

PLAN PREMIUM DEDUCTIBLE STAR RATING GAP COVERAGE
UnitedHealthcare $29.30 $310 4 Yes
Cigna $61.10 $100 3 Yes
Aetna $63.50 $0 3 Yes
Anthem $72.20 $0 4 Yes
UnitedHealthcare $101.10 $0 3 Yes

Part D Plans with a Low-Income Subsidy in Nevada

More than 78,000 Medicare recipients in Nevada are also eligible for a low-income subsidy plan. These plans may offer discounts on your deductible, monthly premiums, and overall cost of drugs, or reimburse you after the fact. Although Wellcare and Clear Spring are tied for the lowest monthly premium, Wellcare has significantly better customer service.

Humana has the best customer service out of all these Nevada Medicare Part D plans but unfortunately does not offer gap coverage. This plan’s monthly premiums plus their $480 deductible add up to an annual cost of $838 before you are eligible for your discounts.

All of the plans listed below, including Aetna and Cigna, have similarly-priced monthly premiums and high deductibles. When you’re trying to decide, it’s helpful to look at other factors such as customer service, gap coverage, and whether or not the drugs you need are available on the plan’s formulary.

PLAN PREMIUM DEDUCTIBLE STAR RATING GAP COVERAGE
Wellcare $26.50 $480 3 No
Clear Spring $26.50 $480 2 No
Aetna $27.50 $480 3 No
Cigna $29.70 $480 3 No
Humana $29.90 $480 4 No

Amount of Beneficiaries that Fall into each Part D Coverage Phase in Nevada

There are four phases of coverage that Nevada Medicare Part D beneficiaries could go through in any given year: the deductible phase, initial coverage phase, coverage gap phase, and the catastrophic phase. The vast majority of beneficiaries won’t enter the third phase, also known as the Medicare Part D “donut hole” where you must start paying 25% of your drug costs.

If you fall into the donut hole, you will be able to get out and lower your drug costs either on the first day of the next calendar year or if you spend more than $7,050 in out-of-pocket costs and slip into the catastrophic coverage phase (as of 2022).

Deductible Phase Initial Coverage Phase Coverage Gap Phase Catastrophic Phase
73,649 189,614 38,305 23,078

FAQs

What is the difference between Medicare Part D and Medigap?

Medicare Part D helps beneficiaries get discounted prescription drugs. Medigap policies supplement the medical benefits you get with Medicare Parts A and B but do not cover prescription drugs.

What is the downside to Medigap plans?

Depending on your needs, there could be several drawbacks to a Medigap supplement. The fact that Medigap plans no longer help cover prescription drugs is seen as a downside by many.

What is the biggest disadvantage of Medicare Advantage?

Since the vast majority of Nevada counties have only a few different Medicare Advantage plans available, it could be difficult to find one with the prescription drug plan you need.

If you don’t like your current Medicare Advantage drug plan, you can always switch back to Original Medicare during your next Annual Enrollment Period.

How to Get Help Signing Up for a Medicare Part D Plan in Nevada

In order to find your most affordable Nevada Medicare Part D plan, you will need to get free rate quotes from a reputable source.

We are partnered with Medicare Part D plan providers near you, so we know who to trust and who can give you the best value.

Reach out to us today via phone. Or fill out our online rate form so that we can connect you with the top rates in your area.

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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.