Aetna Medicare Part D
- Aetna Medicare offers SilverScript Medicare Part D Prescription Drug Plans with low premiums, copays and deductibles. Learn more about Aetna Medicare Part D plans.
Aetna sells a range of health insurance products, including Medicare Part D. Aetna Medicare Part D plans, also referred to as “prescription drug plans,” or “PDPs,” cover prescription medications, which federally administered Original Medicare (Part A and Part B) doesn’t typically cover.
Medicare beneficiaries have two option to get their Medicare drug coverage:
- From a Part D plan like the ones offered by Aetna
- From a Medicare Advantage Prescription Drug (MA-PD) plan
Medicare Advantage (also called Medicare Part C) plans cover the same benefits as Medicare Parts A and B, and most Medicare Advantage plans also cover prescription drugs. Compare Aetna Medicare Advantage plans in your area to find plans that cover prescription drugs, dental, hearing, vision and more.
Which Part D Plans Are Sold By Aetna?
Aetna sells one national 2025 Medicare Part D plan under the SilverScript brand name.
The SilverScript Choice plan balances monthly premiums with out-of-pocket spending. The weighted average monthly premium for the Aetna SilverScript Choice plan in 2025 is $45 per month with copays of no more than $5 for preferred generic (Tier 1) drugs.
Are Aetna and SilverScript The Same?
Aetna is owned by CVS Health. SilverScript is a brand name for Medicare Part D plans also owned by CVS Health. Aetna adopted the SilverScript brand for its own Medicare Part D plans.
Which Drugs Are Covered by Aetna Part D Plans?
Aetna Part D plans cover a wide selection of generic, brand-name and even specialty drugs. Medicare Part D uses a tier system to classify drugs.
- Tier 1 - Preferred generic drugs that are commonly prescribed.
- Tier 2 - Generic drugs that typically cost more than those in Tier 1.
- Tier 3 - Preferred brand-name drugs that do not have a generic version.
- Tier 4 - Non-preferred drugs that are higher priced and less commonly prescribed.
- Tier 5 - Specialty drugs that are the most expensive drugs on the list and may require special handling or close monitoring.
Each Aetna Medicare Part D plan comes with a formulary, or a list of drugs covered by the plan.
How Much Do Aetna Part D Plans Cost?
Exact rates for Aetna Medicare Part D plans may vary by location, but below the weighted average monthly premium for the 2025 SilverScript Choice plan is $45 per month.
Medicare beneficiaries with an income of below $22,590 (individual) or $30,660 (married couple) in 2024 may be eligible for Extra Help. Medicare Extra Help is a program that provides cost assistance for Medicare drug plan premiums, deductibles and other out-of-pocket costs.
Does Aetna Part D Have a Deductible?
Aetna Part D plans come with a maximum annual deductible of $590 in 2025. However, some Medicare drug plans offered deductibles lower than $590 or deductibles as low as $0.
Where Can Aetna Medicare Part D Plans Be Used?
Aetna Part D plans can be used at thousands of pharmacies all over the U.S. and may even be used for mail order delivery of prescription drugs.
Aetna is owned by CVS Health, so an Aetna Part D plan is valid at any CVS pharmacy in addition to a range of other chain and individual pharmacy locations.
What Is the Most Popular Medicare Part D Plan?
Part D plans from Aetna (CVS Health) cover over 3.4 million standalone Part D beneficiaries in 2025, making Aetna the second most popular Part D provider behind UnitedHealthcare.
How Do You Become Eligible for Aetna Part D?
To be eligible for an Aetna Part D plan, you simply must be enrolled in Medicare Part A and/or Part B and live in an area where Aetna sells plans, which is most anywhere in the U.S.
When Can I Enroll in Aetna Part D Plans?
Your first opportunity to enroll in an Aetna Part D plan is during your Initial Enrollment Period. This period begins three months before you turn 65 years old and continues for three months after your birthday. This is your first opportunity to enroll in Original Medicare and/or in a Part D plan.
Your next opportunity is during the Annual Enrollment Period (or AEP, often called the fall Medicare open enrollment period), which takes place from Oct. 15 to Dec. 7 each year. During this time, you may enroll in, drop or switch Medicare Part D plans, or you can enroll, drop or switch Medicare Advantage plans with or without drug coverage.
Helpadvisor.com is owned and operated by Tranzact, the parent company of TZ Insurance Solutions LLC, which is the owner/operator of Medicareadvantage.com and other websites mentioned on HelpAdvisor and which has a financial relationship with some of the carriers listed on HelpAdvisor.
https://www.kff.org/medicare/issue-brief/medicare-part-d-in-2024-a-first-look-at-prescription-drug-plan-availability-premiums-and-cost-sharing/
Cubanski J, et al. (July 2, 2024). Key Facts About Medicare Part D Enrollment, Premiums, and Cost Sharing in 2024. Kaiser Family Foundation.
https://www.kff.org/medicare/issue-brief/key-facts-about-medicare-part-d-enrollment-premiums-and-cost-sharing-in-2024.
