Prescription Drug Coverage

Prescription drug coverage is a benefit provided by insurance plans or programs that helps pay for medications prescribed by a healthcare provider. It reduces out-of-pocket costs by sharing the expense of prescription drugs, often through predefined formularies or drug tiers. Coverage details, including costs and which medications are included, vary by plan. Having prescription drug coverage can ensure access to necessary medications, manage health conditions more effectively, and lower overall healthcare expenses. It’s an important component of health insurance that helps make essential medications more affordable and accessible.