The form is also available by calling the UFT Welfare Fund Forms Hotline at 21.
#Ifactor health program cost full
Any member seeking such an exception may do so by having a “Mandatory Generic Price Waiver Form” completed in full by the member and his or her physician. The Fund has established a procedure whereby members may seek a waiver to its Mandatory Generic Price Provision. What if my prescriber insists on a brand name drug? Food and Drug Administration (FDA) regulations for purity, strength, and safety as brand name drugs they just cost less. Generic equivalent drugs must meet the same U.S. Therefore, in order to avoid this ancillary charge, ask your prescriber to write prescriptions generically whenever possible.Ī generic drug is one that is defined by its official chemical name, rather than its advertised brand name. This charge is in addition to the applicable copayment. However, you will be responsible for the difference between the cost of that brand name drug and the cost of the generic equivalent. Mandatory Generic Price Provision - When a brand name prescription drug has an approved generic equivalent, you can still get the brand name drug.You will receive a Prescription Drug ID card that will have the words "Cost Care Program" printed on the front.If your costs fall below $1,200.00 (or $2,400.00 if your spouse/domestic partner is also an in-service member,) you will be re-enrolled in the non-Cost Care prescription drug plan.
The Welfare Fund will review your claim experience every twelve (12) months. That all depends on your drug expenditures. The dates used to determine your eligibility in the Cost Care Program are the dates listed in the column headed “Prescription Date.” How long will I be in the Cost Care program? Your utilization is reflected on the PBR explained previously. How do I verify the costs of my prescription drugs? These members must notify the Fund of this relationship in order for the $2,400.00 total to be applied. For members and their in-service spouse/domestic partner who are also members (SCOB), this total is $2,400.00. Who is enrolled in the Cost Care Program?įamilies whose combined prescription drug claims totaled in excess of $1,200.00 for the twelve (12) months from December through November will be enrolled in this program. The Cost Care Program allows members and their dependents to obtain medication in a cost-effective manner, while maximizing the resources available to the Fund. UFT election voting instructions and caucus statements VP for Career & Technical Education High Schools Pension for regular subs and part-time adult ed teachers
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