Common use of Prescription Card Clause in Contracts

Prescription Card. The City will provide a prescription card plan for members and their dependents. The retail benefits will be the following:  80/20% for generic drugs  50/50% name brand drugs with a $25 co-pay for each disbursement The mail order benefits will be the following:  90/10% for generic drugs and  75/25% for name brand drugs with no $25 co-pay The maximum expense an employee will pay for coinsurance is $250 annually for single coverage and $500 for family annually for prescription benefits, however, the $25 co-pay for retail name brand drugs will not count towards the calculation of the $250 or the $500 coinsurance maximum and will always apply even after an employee reaches the coinsurance maximum expenditure.

Appears in 1 contract

Samples: www.delawareohio.net

AutoNDA by SimpleDocs

Prescription Card. The City will provide a prescription card plan for members and their dependents. The retail benefits will be the following: 80/20% for generic drugs 50/50% name brand drugs with a $25 co-pay for each disbursement The mail order benefits will be the following: 90/10% for generic drugs and 75/25% for name brand drugs with no $25 co-pay The maximum expense an employee will pay for coinsurance is $250 annually for single coverage and $500 for family annually for prescription benefits, however, the $25 co-pay for retail name brand drugs will not count towards the calculation of the $250 or the $500 coinsurance maximum and will always apply even after an employee reaches the coinsurance maximum expenditure.

Appears in 1 contract

Samples: serb.ohio.gov

Prescription Card. The City will provide a prescription card plan for members and their dependents. The retail benefits will be the following: 80/20% for generic drugs 50/50% name brand drugs with a $25 co-pay for each disbursement eachdisbursement The mail order benefits will be the following: 90/10% for generic drugs and 75/25% for name brand drugs with no $25 co-pay pay. The maximum expense an employee will pay for coinsurance is $250 annually for single coverage and $500 for family annually for prescription benefits, however, the $25 co-pay for retail name brand drugs will not count towards the calculation of the $250 or the $500 coinsurance maximum and will always apply even after an employee reaches the coinsurance maximum expenditure.

Appears in 1 contract

Samples: Water and Wastewater Treatment Facility Employees

AutoNDA by SimpleDocs

Prescription Card. The City will provide a prescription card plan for members and their dependents. The retail benefits will be the following: 80/20% for generic drugs 50/50% name brand drugs with a $25 co-pay for each disbursement eachdisbursement The mail order benefits will be the following: 90/10% for generic drugs and 75/25% for name brand drugs with no $25 co-pay The maximum expense an employee will pay for coinsurance is $250 annually for single coverage and $500 for family annually for prescription benefits, however, the $25 co-pay for retail name brand drugs will not count towards the calculation of the $250 or the $500 coinsurance maximum and will always apply even after an employee reaches the coinsurance maximum expenditure.

Appears in 1 contract

Samples: Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!