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. In addition, the cost of the prescription co-pay will be 90% paid by the Company and 10% paid by the employee with a maximum cap of $270 per employee in the 1st year, $290 per employee in the 2nd year and $310 per employee in the 3rd year of the collective agreement. (2) The plan will continue to utilize “generics” where possible. (3) The Dynamic Therapeutic Formulary will apply. (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 significant public health impact (5) There shall be an $8.00 maximum on drug dispensing fees.

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. In addition, the cost of the prescription co-pay will be 90% paid by the Company and 10% paid by the employee with a maximum cap of $270 per employee in the 1st year, $290 per employee in the 2nd year and $310 per employee in the 3rd year of the collective agreement. (2) The plan will continue to utilize “generics” where possible. (3) The Dynamic Therapeutic Formulary will apply. (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 significant public health impact; (5) There shall be an $8.00 maximum on drug dispensing fees.