Here are some additional resources for your prescription drug coverage. Frequently Asked Questions What is a drug list? The BCBSIL drug list, also known as a formulary, is a continually updated list of covered drugs. U.S. Food and Drug Administration (FDA)-approved drugs are chosen based on...
small business and family policies include catastrophic plans, comprehensive plans, and Health Savings Accounts (HSAs).Senior Medicare, dental, vision, travel medical, and prescription drug plans are also offered. Exchange policies
Qualifying events include reduced work hours, job loss, a child becoming an over-aged dependent, Medicare eligibility, death or divorce of a covered employee, among others. Coinsurance The percentage of the costs of a covered health care service or prescription drug you pay after you've paid ...
Generic Drug 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 grandf...