Health Insurance Includes Prescription Drug Coverage
Only 10 days left to enroll in health insurance for 2021! We’ve compiled everything you need to know about health insurance before enrolling in a plan for 2021. On December 1st, we began sharing 10 reasons why getting health coverage is so important. Don’t forget—the deadline to enroll in health insurance is Tuesday, December 15th!
Today we’re sharing Reason #6: Health insurance includes prescription drug coverage.
Whether it’s a one-time prescription or medicine you’ve been taking for years, health insurance helps pay for your prescriptions. All health insurance plans under the Affordable Care Act are legally required to cover a series of essential health benefits, including prescription drugs. This means that your insurance will pay for some prescriptions, but how much (and which drugs) depends on your plan’s formulary (a list of prescription drugs your insurance company is willing to cover).
Learn more about prescription drug coverage and health insurance here.