Smart Insurance Company and Walgreens Collaborate To Help Medicare Beneficiaries Understand Part D Prescription Drug Options

CLEVELAND, Nov. 28, 2012 /PRNewswire/ -- With the Dec. 7 deadline for Medicare's annual enrollment period fast approaching, Smart Insurance Company is working with Walgreens to offer in-store consultations with licensed SmartD Rx plan agents, available at select Walgreens to speak with Medicare beneficiaries who are either enrolling in a new Part D prescription drug plan or evaluating their current coverage options.

In addition to helping beneficiaries navigate the Medicare Part D landscape and answer questions about Medicare's prescription drug plans, in-store agents are available for consultations about which SmartD Rx plan may best suit their health care needs.  Those who participate in consultations will receive a Walgreens voucher that can be redeemed for 5,000 Balance™ Rewards loyalty points, worth $5 toward eligible purchases at participating Walgreens and Duane Reade drugstores[1]. There is no obligation to enroll in the plan to receive this voucher.

Smart Insurance Company was formed to find innovative solutions that allow seniors and their caregivers to better understand and take advantage of the prescription drug coverage options available in today's health care marketplace.

"With so many options, it can be difficult to choose the most cost-effective plan. One study last year found that nearly half of the seniors overspend on their Part D plans, from between $300 - $1,000," says Smart Insurance Company CEO Pritpal Virdee. "In my opinion, the best plan is one that will allow a senior to maintain a relationship with a trusted local pharmacist, and at the same time, lower your prescription costs. Our licensed plan agents can help them do just that."

Medicare beneficiaries interested in meeting with an in-store agent can call their nearby Walgreens store.

About Smart Insurance Company

Cleveland, OH-based Smart Insurance Company and its subsidiaries specialize in providing innovative insurance products to the senior marketplace. Smart Insurance Company's new Medicare Part D prescription drug plan, SmartD Rx, is a Federally qualified Medicare contracting Prescription Drug Plan, available to consumers for the first time during this fall for Medicare's Annual Election open enrollment period from October 15, 2012 through December 7, 2012. SmartD Rx (www.smartdrx.com) is available through a Preferred Network of more than 20,000 trusted RxAlly community pharmacies including Walgreens, regional chains and independent pharmacies across the United States, the District of Columbia and Puerto Rico.

[1] Restrictions apply.  Visit Walgreens.com/balance for details

SOURCE Smart Insurance Company