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What you need to know about the 2024 New Mexico Part D Plans:

  • In 2024 there 22 different Part D Plans to choose from. 
  • All the 2024 New Mexico Part D Plans that are available today were available in 2023.

What you need to know about the Costs of the 2024 New Mexico Part D Plans:

  • Premiums, on average, will increase by 15.25% from 2023.
  • Wellcare’s Value Script Part D Plan will experience the biggest drop in monthly premium..
  • Aetna’s SilverScript Smart Saver Part D Plan will have the largest increase in monthly premiums.
  • Total Cost (monthly premium + deductible for the month), on average, will increase by 10.57%.

Please note: when selecting any Medicare New Mexico Part D Plans, the number one factor is ensuring that your medications are covered.

The Center for Medicare Services (CMS) also provides a fantastic website, Medicare’s Plan Finder, that can walk you through the process of finding the best Part D Plan for you.

For more information on Medicare Part D Plans or if you have any questions about IRMAA, please contact your local IRMAA Certified Professional.

Here is a list of every Medicare Part D Plan available in New Mexico:

Company Plan Name Contract Id Plan ID Annual Deductible Monthly Premium Percent Change from 2023
Wellcare Wellcare Classic  S4802 90 $545.00 $32.40 -1.82%
Wellcare Wellcare Value Script  S4802 159 $545.00 $0.50 -95.50%
Wellcare Wellcare Medicare Rx Value Plus  S4802 229 $0.00 $78.90 10.50%
Aetna Medicare SilverScript Choice  S5601 52 $545.00 $34.70 2.36%
Aetna Medicare SilverScript Plus  S5601 53 $200.00 $104.10 47.66%
Aetna Medicare SilverScript SmartSaver  S5601 201 $280.00 $19.00 115.91%
Cigna Cigna Secure Rx  S5617 128 $545.00 $34.80 2.96%
Cigna Cigna Extra Rx  S5617 271 $145.00 $106.00 39.47%
Cigna Cigna Saver Rx  S5617 376 $545.00 $9.80 -20.97%
Blue Cross and Blue Shield of New Mexico Blue Cross MedicareRx Value  S5715 3 $545.00 $90.80 -5.12%
Blue Cross and Blue Shield of New Mexico Blue Cross MedicareRx Basic  S5715 13 $545.00 $94.00 22.56%
Blue Cross and Blue Shield of New Mexico Blue Cross MedicareRx Choice  S5715 20 $545.00 $29.50 51.28%
UnitedHealthcare AARP Medicare Rx Preferred   S5820 25 $0.00 $89.70 -14.65%
Humana  Basic Rx Plan  S5884 110 $545.00 $40.10 12.96%
Humana  Premier Rx Plan  S5884 172 $400.00 $99.80 36.34%
Humana  Walmart Value Rx Plan  S5884 205 $545.00 $41.60 36.39%
UnitedHealthcare AARP Medicare Rx Basic   S5921 371 $545.00 $33.70 7.67%
UnitedHealthcare AARP Medicare Rx Walgreens   S5921 407 $410.00 $50.10 77.03%
Clear Spring Health  Value Rx  S6946 61 $545.00 $23.80 -17.07%
Mutual of Omaha Rx  Plus  S7126 25 $545.00 $94.70 1.50%
Mutual of Omaha Rx  Premier  S7126 95 $349.00 $53.30 2.30%
Mutual of Omaha Rx  Essential  S7126 128 $545.00 $22.40 23.76%

For more information on 2024 Medicare Part Plans in a different state please click:

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Dan McGrath