Transamerica's Group Medicare Part D Solution

Delivering value for employers, unions, and their group retirees.

Transamerica's Group Medicare Prescription Drug Plan Solution provides prescription drug benefits to employer and union group retirees who are eligible for Medicare.

 

Structured as a fully insured "800-series" Employer Group Waiver Plan (EGWP), the program allows employer groups to shift their retiree claims liability and compliance to the EGWP plan for an affordable and predictable monthly premium.

 

With a variety of plan design and contribution options, employers and union groups with a minimum of 75 retirees can closely match existing benefit structures, manage benefit costs, and easily transition retirees from another Prescription Drug Plan solution.

 

Transamerica Affinity works with America's leading brokers, consultants, third-party party administrators, and managing general underwriters in their respective markets. 

Delivering flexibility for employer groups and value for retirees.

More Value
More Choice
More Coverage

More Value

More Coverage

More Choice

  • Cost-saving opportunities with flexible benefit packages that can mirror your existing plan designs.
  • Precise processes providing members a carefully managed, high quality experience that ensures member health and some peace of mind.
  • Exceptional customer service that delivers personal and professional advice ensuring employer groups and their retirees get top-priority treatment
  • Top-notch pharmacy networks that provide retirees with an exceptional and convenient experience.
  • Our team will collaborate with you to develop flexible solutions and a stable program that meets your needs.
  • Mail order and extended days supply at retail pharmacies (up to 3-month supply) for maintenance medications.
  • Innovative technology that goes above and beyond government standards for a seamless and easy transition process ensuring continuous operations.
  • Personal attention with patient-centered clinical programs to drive medication adherence and safety.
  • Strict security and privacy standards to ensure a carefully managed, high-quality process.

Choose Transamerica's Medicare Group Part D Solution with Confidence.

Call 1-866-227-0383 today!

Explore what our Group Part D solution offers employer groups and schedule a consultation to see how it can deliver more flexibility, choice, and value.

Request a group quote!

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1-866-227-0383

Transform your Group Part D Solution

Transamerica Group Medicare Part D Solution
Benefits Retirees
  • Broad access to prescription drugs. Careful formulary design meets and exceeds CMS guidelines.
  • Nationwide network of 65,000 pharmacies, including major chains and independent pharmacies.
  • Direct access to superior customer service, 24 hours a day, 365 days a year.
  • Competitive premiums, savings, stability, and some peace of mind.
  • National coverage in the United States
  • Patient-centered clinical programs to drive medication adherence, safety, and cost savings.

Benefits Retirees

Benefits Employer Groups

Benefits Employer Groups

  • High-quality flexible benefit package options that can mirror self-insured, Retiree Drug Subsidy (RDS), or other existing prescription plan benefits.
  • Eliminates the need for RDS
  • Reduction in GASB/FASB liability.
  • Nationwide availability (all 50 states, D.C., and U.S. territories).
  • Simplified Administration. We understand all of the administration requirements, such as enrollment and billing.
  • Selection of contribution levels.
  • Transfers the risk to the Part D plan sponsor
  • Easy transition and seamless enrollment for retirees.
Plan Overview

Plan Overview

  • $0 deductible option.
  • 4-tier and 5-tier formulary options.
  • Basic or enhanced generic/brand benefits in the Coverage Gap (donut hole).
  • Enhanced generic/brand benefits provided through a wrap plan (based on state availability).

Eligibility - All Medicare Part D eligible retirees and their eligible spouse (based on employer group eligibility requirements).

The “800-series” EGWP Part D Plan, marketed under the name Medicare GenerationRxSM is a fully-insured group plan underwritten by Transamerica Life Insurance Company (Cedar Rapids, IA), a Transamerica company. Transamerica Life Insurance Company (a Transamerica Company) is a PDP plan sponsor with a Medicare contract.  Enrollment in this plan depends on contract renewal.

The Retiree Medical insurance plans are underwritten by Transamerica Life Insurance Company (Cedar Rapids, IA), and in New York, Transamerica Financial Life Insurance Company (Harrison, NY). Plans may not be available in all states.

For Authorized Agent use only. Not for public use. This is an advertisement.

We are Transamerica Affinity, a business unit of Transamerica Life Insurance Company, Transamerica Financial Life Insurance Company, and Transamerica Life Insurance Company, and its affiiliates.

Transamerica Affinity  l 100 Light St. Floor B1, MS3239 Baltimore, MD 21202

Transamerica is in the process of legally merging Stonebridge Life Insurance Company into Transamerica Life Insurance Company which is planned to occur around October 1, 2015.  This merger will not affect the insurance coverage described in this website. Customer policy or certificate fulfillment may come from Transamerica Life Insurance Company or Stonebridge Life Insurance Company, depending on the timing of your State’s approval. Transamerica is the brand name used for products and services provided by one or more of the Transamerica companies.

Copyright 2015 Transamerica. All rights reserved. Privacy Policy.

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This site is intended for producers and plan sponsors. Individuals can contact their plan sponsor or visit Transamerica.com.

Transamerica Affinity Services
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