Now part of Aetna, Coventry Health Care, Inc. is a national managed health care company that operates Medicare and Medicaid programs, group and individual health insurance, workers’compensation solutions, and network rental services. Coventry Health Care was established in 1986 as a provider of managed health care services, offering members a wide choice of options, high standards of care, and affordable rates.Since its founding, Coventry has experienced dramatic growth, increasing membership and an expansion of its service areas. Over the last 25 years, Coventry has grown to achieve Fortune 500 status and now employs more than 14,000 people locally and nationally.
Coventry has built an impressive track record in serving Medicare beneficiaries. In January of 2006,Coventry was one of the nation’s first carriers to offer Medicare-approved Part D prescription benefits. Since then, Coventry Medicare has added Private-Fee-For-Service plans in 2007, further enhancing its commitment to providing choice, value, and convenience to Medicare beneficiaries.
Coventry’s Medicare plans include several types of Medicare Advantage plans as well as two types of prescription drug plans.
Its Medicare Advantage offerings are grouped into Health Maintenance Organization(HMO) plans, Preferred Provider Organization (PPO) plans, and HMO Point-of-Service plans. Most plans include Medicare Part D coverage for prescription drugs.
Its First Health Part D prescription drug offerings include Value Plus plans, which feature low premiums and first-dollar coverage for some generic drugs, and Premier Plus plans, which feature no deductible, $0 copays at preferred pharmacies, and a larger network of pharmacies.