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Formulary (list of covered drugs)
A formulary is a list of drugs, or prescriptions, that a plan covers. AmeriHealth Caritas VIP Care (HMO-SNP) will generally cover the drugs listed in our formulary as long as the drugs are medically necessary. The prescription also needs to be filled at a network pharmacy, and other plan rules need to be followed. For more information on how to fill your prescriptions, see the AmeriHealth Caritas VIP Care Evidence of Coverage (PDF — December 19, 2019).
The formulary has been reviewed and approved by the Centers for Medicare Medicaid Services (CMS), the agency that administers Medicare. Formulary medications are approved by the U.S. Food and Drug Administration (FDA), and have been chosen for their reported medical effectiveness and value. The formulary is updated at times throughout the year, and the list of drugs may change.
AmeriHealth Caritas VIP Care covers both brand name drugs and generic drugs. Generic drugs have the same active-ingredient as brand name drugs. Generic drugs usually cost less than brand name drugs and are rated by the FDA to be as safe and effective as brand name drugs.
Want regular information about your pharmacy benefits? Look out for your monthly explanation of pharmacy benefits in the mail.