Common use of Prescription Plan Clause in Contracts

Prescription Plan. (1) Each employee is provided with an I.D. Card. On receipt of eligible prescriptions, the employee will pay the pharmacist two (2) dollars and present the I.D card. (The policy will provide the same eligibility rules for students until age 25 as per other benefits). (2) The plan will continue to utilize “generics” where possible. (3) The Dynamic Therapeutic Drug Formulary will apply to all active employees and their eligible dependants and Ontario Drug Benefit Formulary (ODBF) shall apply to all eligible retirees and their surviving spouses. . (4) Only drugs requiring a prescription from a physician, legally licensed to practice medicine shall be covered (i.e. no Over The Counter drug coverage). OTC drug products to be covered include the following: *for which there are no alternatives, and lack of access to them could lead to life, limb, or organ-threatening disease; *required for use in combination with another ODB (Ontario Drug Benefit) covered drug product; *whose removal would likely lead patients to switch to other toxic and/or more costly alternatives; *used to treat a communicable disease with a significant public health impact; (5) there shall be an $8.00 maximum on drug dispensing fees . (6) Cost of prescription co-pay will be 90% paid by the Company and 10% paid for by the employee. All other payments requirements will continue as per the terms of the current CBA

Appears in 4 contracts

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

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