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CITY OF SALEM, VIRGINIA PURCHASING DEPARTMENT 114 NORTH BROAD STREET P.O. BOX 869 SALEM, VIRGINIA 24153 PHONE: (540) 3753063 FAX: (540) 3754057ISSUE DATE: MARCH 21, 2024 REQUEST FOR PROPOSAL (RFP)
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What is group medical prescription drug coverage?
Group medical prescription drug coverage is a type of health insurance plan that provides members with benefits for prescription medications as part of a group, typically offered through employers or other organizations.
Who is required to file group medical prescription drug coverage?
Employers and plan sponsors who provide group health plans that include prescription drug coverage are required to file group medical prescription drug coverage.
How to fill out group medical prescription drug coverage?
To fill out group medical prescription drug coverage, one typically needs to complete the appropriate forms provided by the insurer or the plan sponsor, ensuring all required information is accurate and complete.
What is the purpose of group medical prescription drug coverage?
The purpose of group medical prescription drug coverage is to provide financial assistance and improve access to necessary prescription medications for members of the group.
What information must be reported on group medical prescription drug coverage?
Information that must be reported includes the names of covered drugs, the tiers of coverage, and any coverage limitations or exclusions.
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