Health Insurance and Medicare
Some health plans include coverage for prescription medications and it’s important that you understand your health plan’s formulary and what drug benefits you have. If you are over 65, learn about Medicare Part D, including how to choose a drug plan and how to deal with the dreaded coverage gap.
- Health Insurance: Drugs (1)
- Medicare Part D (6)
Understanding Your Health Plan Drug Formulary
A drug formulary is a list of generic and brand name prescription drugs that are preferred by your health plan. Your health plan may only pay for medications that are on this drug formulary.