A prescription drug that is the generic equivalent of a brand name drug listed on your health plan's formulary and costs less than the brand name drug. Grandfathered Health Plan A health plan that was in place when the Affordable Care Act was passed into law in 2010. A grandfathered plan...
Drug Formulary A list of preferred drugs chosen by a panel of doctors and pharmacists. Both brand and generic medications are included on the formulary.E Effective Date of Coverage The date your coverage begins or the date a change in your coverage takes effect. Emergency Medical Care Services...