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Prescription coverage Get Set for Retirement | Insurance Prescription coverage Get Set for Retirement | Insurance

Prescription coverage Get Set for Retirement | Insurance - PowerPoint Presentation

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Uploaded On 2024-02-09

Prescription coverage Get Set for Retirement | Insurance - PPT Presentation

2024 Important information This presentation is not a comprehensive description of the insurance benefits offered by PEBA For more information and before you make enrollment decisions review the ID: 1046075

benefits prescription preferred brand prescription benefits brand preferred scripts express drug part medicare peba plan insurance program subscribers opt

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1. Prescription coverageGet Set for Retirement | Insurance2024

2. Important informationThis presentation is not a comprehensive description of the insurance benefits offered by PEBA.For more information, and before you make enrollment decisions, review the Insurance Benefits Guide.2

3. Medicare Part D drug programMost subscribers covered by PEBA should remain enrolled in Express Scripts Medicare, which is the State Health Plan’s Medicare Part D drug program.Express Scripts will send you a letter about how to opt out and remain covered by the State Health Plan Prescription Drug Program. Express Scripts is required to give you 21 days to opt out.Subscribers can have only one Part D plan.If you enroll in a separate Part D program, you lose PEBA prescription benefits, but your PEBA premiums will not be reduced.Learn more in the Insurance Benefits Guide or contact Express Scripts, the pharmacy benefits manager.3

4. Medicare Supplemental Plan and Carve-Out Plan prescription benefitsYou pay up to $3,000 per person in prescription drug copayments. Then, you pay nothing.430-day supply at network pharmacy90-day supply at network pharmacy or mail-order pharmacyTier 1 (generic): $13Tier 2 (preferred brand): $46Tier 3 (non-preferred brand): $77Tier 1 (generic): $32Tier 2 (preferred brand): $115Tier 3 (non-preferred brand): $192

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