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Your annual out-of-pocket limit for prescription drugs is $750 per person or $1,500 per family. Should you select a brand name medication when a generic is available, it will not be covered. If you do not use your ID card, or use a non-member pharmacy, the difference between the retail charge and the contracted rate will not apply to your out-of–pocket maximum. Please note that the plan will not reimburse for more than a 90-day supply obtained in any 90-day period. You may not refill a prescription until more than 2/3 of the prescribed dosage has been used . Co-Payments and Maximums for eligible Medicare Retirees SilverScript is a Medicare Part D Prescription Drug Plan with additional coverage provided by Alaska Electrical Health & Welfare Fund. The plan is offered by SilverScript® Insurance Company which is affiliated with CVS Caremark®, Alaska Electrical Health & Welfare Fund’s current pharmacy benefit manager. SilverScript® has a contract with Medicare to offer prescription drug coverage. SilverScript combines a standard Medicare Part D prescription drug plan with additional coverage provided by Alaska Electrical Health & Welfare Fund to close the gaps between the standard Part D plan and your current coverage. Click on the links below for more information. Click on the links below for more information.
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