October 21, 2016 11:14 AM ET


Company Overview of SilverScript Insurance Company

Company Overview

SilverScript Insurance Company provides Medicare prescription drug plans in the United States and Puerto Rico. It provides access to various pharmacies, such as home infusion pharmacies, long-term care pharmacies, and Indian health service/tribal/urban Indian health program pharmacies. The company is based in Nashville, Tennessee. SilverScript Insurance Company operates as a subsidiary CVS Caremark Corporation.

445 Great Circle Road

Nashville, TN 37228

United States



Key Executives for SilverScript Insurance Company

SilverScript Insurance Company does not have any Key Executives recorded.

SilverScript Insurance Company Key Developments

SilverScript Insurance Company Introduces New Medicare Prescription Drug Plan Options for 2017

SilverScript Insurance Company announced its new Medicare Prescription Drug Plan (PDP) options for 2017. Medicare beneficiaries in the continental U.S. can choose from two SilverScript plans that offer a $0-deductible on formulary drugs in all five tiers, affordable copays and competitive premiums. In addition, SilverScript beneficiaries have access to one of the broadest pharmacy networks, with more than 66,000 participating pharmacies across the country, including national and regional chains and independently-owned, community-based pharmacies. SilverScript will provide two innovative Part D plan options in 2017: SilverScript Choice and SilverScript Plus. SilverScript Choice is a basic plan that offers comprehensive coverage with competitive premiums and the same affordable copay at every pharmacy in the network, and SilverScript Plus is an enhanced plan that provides additional coverage in the Coverage Gap (Donut Hole). The Plus plan is designed for people who take several medications on a regular basis and are likely to reach the Coverage Gap during the 2017 plan year. Enrollment for the 2017 plan year begins on October 15, 2016, through December 7, 2016.

SilverScript Insurance Launches New Medicare Prescription Drug Plan

SilverScript Insurance Company has launched new Medicare prescription drug plan, or PDP, options for 2016. Medicare beneficiaries can choose from two SilverScript plans that offer $0 deductibles, lower premiums than the 2015 SilverScript plans in many states and low co-pays for several frequently prescribed drugs. In addition, the 2016 SilverScript prescription drug insurance plans earned an overall 4-star rating from the Centers for Medicare and Medicaid Services (CMS) in part for their high quality, clinical outcomes and customer service.

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