PHARMACY COVERAGE
CVS Caremark Unless your doctor requires the use of a brand name drug, your prescription may automatically be filled with a generic equivalent (when available). If you request a brand name drug when a generic equivalent is available, you may be required to pay the difference in cost.
Retail (30-day supply)
Mail Order (90-day supply)
Generics
$15
$37.50
Preferred Brand
$30
$75
Non-Preferred Brand
$50
$125
Specialty Drugs
Paid at applicable Copay listed above
Preventive Drugs (generic)
No charge
Our medical plans offer what is called “creditable coverage , ” which means a Medicare - eligible person will not have to buy a Medicare Part D supplement for prescription drugs, and will not be subject to the 1% per month late enrollment charge assessed by Medicare for purchasing Part D at a later date. If you have questions about your options, please contact Human Resources.
Notice regarding Medicare Part D
Retail prescriptions from an out-of-network pharmacy are covered at 60% after the applicable copay. There is no coverage for specialty drugs or mail order from a pharmacy not in the network.
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TAYLOR METAL PRODUCTS // OPEN ENROLLMENT GUIDE // EFFECTIVE JANUARY 1, 2024
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