The Centers for Medicare & Medicaid Services (CMS) has just released its first 2019 data on enrollment in Medicare Part D prescription drug plans (PDPs).
Our exclusive analysis of these numbers finds that for 2019, 88.4% of seniors are enrolled in PDPs with preferred pharmacy networks. That’s a drop from last year's figure of 99.9%.
Below, we use the new enrollment data to analyze the major pharmacy chains’ position within the 22 major Part D plans that have preferred networks. As you will see, in 2019 CVS again looks poised to capture market share from Walgreens and Walmart, both of which lost position in this year’s networks. Kroger remains a major player, while Rite Aid holds a distant fourth place behind its peers.
One more fun fact about 2019 enrollment: CVS Health’s SilverScript Allure, the first Part D plan with point-of-sale (POS) rebates for brand-name drugs, bombed. Was it a noble experiment or an unappealing option designed to enroll few seniors in a plan design that CVS opposes?
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