The National IAM Benefit Trust Fund provides excellent prescription drug coverage as part of each medical plan. Prescription drug coverage is administered by CVS Caremark.
With the prescription drug program, participants receive a CVS Caremark prescription drug card to use at participating retail pharmacies around the nation.
Participants can use CVS Caremark's mail-order and online ordering to fill prescriptions for long-term or maintenance medications, up to a 90-day supply.
The Benefit Trust Fund plans have a drug formulary—a list of brand-name and generic drugs covered under the plans. While most prescription drugs are covered, participants must pay different co-payments for each category of drug: generic drugs, preferred drugs (brand-name drugs on the formulary) or non-preferred drugs (brand-name drugs not on the formulary).
To view the complete formulary, visit CVS Caremark's website.