Common use of Prescription Drug Insurance Clause in Contracts

Prescription Drug Insurance. The Board shall provide Prescription Drug insurance with a mandatory generic and mail-order requirement. 90-day mail-order Rx: $10 co-pay for generic, $40 co-pay for formulary, $60 co- pay for brand. Retail Rx: $5 co-pay for generic drugs, a $20 co-pay for formulary, and a $30 brand name drugs, formulary, $60 co-pay for brand. For the HSA plan there are no co-pays. The cost of drugs will be applied to the deductible. When the deductible is met drug costs then will be paid by the HSA plan at 100%.

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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