The new Affordable Care Act is helping pave the way for Americans to obtain affordable health care coverage. One of the biggest changes with the Affordable Care Act is the inclusion of prescription coverage. Prescription drug coverage is now considered one of 10 essential benefits that all health care plans must include. New health care and prescription drug coverage are set to begin on January 1, 2014.
As with previous prescription drug plans, coverage under new plans will be divided into different tiers. Tier 1 includes generic medications, Tier 2 includes preferred medications and Tier 3 includes specialty prescriptions. Your coverage and co-pay amounts are dependent upon which tier your medication falls under, with Tier 3 having the highest co-pay amount.
With so many changes happening with health coverage it is important to verify that your current policy covers the medications you need. If it does not, contact your independent insurance agent to find out which health care plans will cover your prescriptions.
For more information about Covered California, individual and group health insurance, disability or life insurance options in the Southern California area contact Stacy My Insurance Lady. Contact Stacy today for help understanding your prescription drug coverage.