PacifiCare Statement on State of Illinois Cares Rx Prescription Drug Program
03 Ottobre 2005 - 11:38PM
PR Newswire (US)
CYPRESS, Calif., Oct. 3 /PRNewswire-FirstCall/ -- Gov. Rod R.
Blagojevich announced Saturday that the State of Illinois will
partner with PacifiCare Health Systems Inc. (NYSE:PHS) and
UnitedHealth Group (NYSE:UNH) to coordinate the new Illinois Cares
Rx prescription-drug program that begins Jan. 1, 2006. The Illinois
Cares Rx program provides supplemental pharmaceutical benefits to
approximately 250,000 SeniorCare and Circuit Breaker beneficiaries
who are not dually eligible for Medicare and Medicaid. These
seniors will be automatically enrolled in either UnitedHealth's or
PacifiCare's standalone Part D plans, and the state will ensure
additional "wraparound coverage" including premium costs,
coinsurance, coverage-gap expenses and deductibles, if any. The
Governor stated that under the Illinois plan, "the options are
simple." The State Department of Healthcare and Family Services
(HFS) invited companies sponsoring the Medicare drug benefit to
submit proposals for seamlessly coordinating the needs of HFS and
seniors. PacifiCare now expects that the total number of dually
eligible federal and state special program auto-enrollees could be
up to 685,000 beneficiaries. In addition, PacifiCare has entered
into marketing alliances with Medigap insurers and senior health
insurance brokers who have relationships with more than 1.5 million
beneficiaries who will be eligible to enroll in the new Medicare
Part D prescription drug program. About PacifiCare PacifiCare
Health Systems is one of the nation's largest consumer health
organizations with nearly 3.3 million health plan members and
approximately 11.3 million specialty plan members nationwide.
PacifiCare offers individuals, employers and Medicare beneficiaries
a variety of consumer-driven health care and life insurance
products. Today, PacifiCare is the nation's second-largest senior
health insurance company with more than 20 years' experience
delivering affordable, quality health care coverage to America's
seniors. PacifiCare's specialty plan operations include behavioral
health and dental and vision, as well as complete pharmacy benefit
management with more than a decade of experience specializing in
the senior prescription-drug market. More information on PacifiCare
Health Systems is available at http://www.pacificare.com/.
DATASOURCE: PacifiCare Health Systems Inc. CONTACT: Tyler Mason,
+1-714-226-3530, , or Dan Yarbrough, +1-714-226-3540, , both of PHS
Media Relations Web site: http://www.pacificare.com/
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