Pharmacy FAQ

The following addresses many common questions about prescription drug coverage and provides information to help you make the most of your plan benefits.

Pharmacy benefits and prescription drug coverage

  • Where can I find information about my prescription drug benefits?

    Your benefit information, along with other applicable member materials, is available online through myProvidence.


    1. Navigate to "My Health Plan"


    2. Select "Pharmacy Information" from the drop down menu


    3. Select "Drug Lists" 

  • What are compounded medications? Are they covered?

    Compounded medications are prescriptions that are custom prepared by your pharmacist. These medications are subject to review, plan and benefit limits, and are not always covered. These medications must contain at least one FDA-approved drug to be eligible for coverage under your plan benefit.

  • Are diabetes supplies covered?

    Diabetic supplies may be covered under your pharmacy benefit. Limitations, coinsurance, or copayments may apply. Please log in to your account at myProvidence.com to view your Benefit Summary for additional information.

  • Are there any limitations on covered drugs?

    Yes. Covered drugs are subject to plan limitations and exclusions. Some drugs may require prior authorization or step therapy. Other drugs may have a quantity limit which limits the amount of the drug covered for a specified time frame. The Providence Health Plan formulary lists whether a drug requires prior authorization or has a specific quantity limit.

  • Are over-the-counter medications covered?

    No. With the exception of insulin and FDA-approved contraceptives, your prescription drug benefit does not cover over-the-counter medications.

  • Is my medication approved by the Food and Drug Administration (FDA)?

    You may be surprised to learn that there are prescription drugs on the market today that are not approved for safety and effectiveness by the FDA. Prescription drugs must be approved by the FDA to be eligible for coverage. Learn more about unapproved drugs by visiting the FDA website.

  • I have secondary prescription drug coverage through Providence Health Plan. How do I get reimbursed for copays?

    The pharmacy may submit claims electronically to Providence Health Plan.
    If your pharmacy needs assistance, they may call the Pharmacy Technical Help Desk at 888-445-5518.
    If the pharmacy is not able to submit an electronic claim to Providence Health Plan, you may have to pay for the prescription at the time of service and then submit a claim for reimbursement from Providence Health Plan. To request reimbursement, please:


    1. Fill out a prescription drug reimbursement request form (PDF);


    2. Attach your itemized pharmacy receipt; and


    3. Mail the completed form and the itemized receipt to the address indicated on the form. Keep a copy of the completed form and your receipt for your records.


  • How does Providence Health Plan determine what medications will be covered?

    Medications are evaluated for coverage by the health plan’s Pharmacy and Therapeutics Committee. This committee is made up of doctors, pharmacists and nurses that review medications for their safety, effectiveness and cost. The committee regularly reviews the latest evidence and makes formulary decisions to ensure safe, effective and affordable drug therapy is available to our membership.

  • How do I know what the copayment structure will be for my medication?

    To view your copayment structure, please refer to your benefit summary which can be found at myProvidence.


    1. Navigate to “My Health Plan”


    2. Select “Benefits Documents” from the drop down menu


    You may also use the Cost Estimator tool for Pharmacy at myProvidence to search specific drugs and receive a cost estimate based on your health plan.


    1. Navigate to “My Health Plan”


    2. Select “Pharmacy Information” from the drop down menu


    3. Select "Cost Estimator" 

Participating pharmacies

Formulary

  • What is a formulary?

    A formulary is a list of Food and Drug Administration-approved prescription generic, brand-name and specialty medications. The formulary can be a useful resource in helping you and your physician choose effective medications that minimize your out-of-pocket expense. The formulary contains more than 2,500 drug-strength-dosage combinations and is externally audited every year to assure completeness. Once doctors become familiar with the formulary, more than 95 percent of the time they treat medical conditions with a formulary drug and more than 80 percent of the time they choose a generic drug.

  • Which formulary applies to me?

    Log in to your myProvidence account to review your plan's formulary. You can also find a list of Providence Health Plan plan formularies by visiting our pharmacy resources webpage.


    If you need assistance determining which plan formulary applies to you, please call Pharmacy Customer Service at 503-574-7400 or 877-216-3644 (TTY: 711).

  • How do I search the formulary?

    There are three ways to search the formulary:

     

    1. Use the alphabetical list to search by the first letter of your medication. 

       

    2. Search by typing part of the generic (chemical) or brand (trade) names.

       

    3. Search by selecting the therapeutic class of the medication you are looking for.

  • What if my drug is not on the formulary?

    Non-formulary drugs may be eligible for coverage. If your drug is not included on the formulary, you can identify similar drugs on the formulary by searching the medical condition category or you can call the pharmacy department for help finding a therapeutically interchangeable formulary alternative at 503-574-7400 or 877-216-3644 (TTY: 711). If there are no appropriate formulary alternatives, your prescribing provider can request an exception by submitting supporting documentation via a prior authorization request.

  • How does my doctor know which medications are on my formulary?

    Your formulary is available to your doctor via the Providence Health Plan website as well as through other electronic and online resources frequently used by your doctor's office.

  • How do drugs get selected for the formulary?

    The formulary is developed by the Pharmacy and Therapeutics Committee, which is composed of doctors and pharmacists who review prescription drugs based on safety, effectiveness, cost and Food and Drug Administration approval. The committee reviews the latest evidence to identify opportunities to promote safe, effective and affordable drug therapy.

  • Does the formulary change?

    Yes. The formulary is updated every two months. Generally, formulary status for a formulary drug you are taking with your Providence Health Plan pharmacy benefit will not change during the year unless:

     

    1. The same medication is now available in generic form (the generic form will be covered), or


    2. Safety or effectiveness concerns are raised about the prescription drug.

     

    If a formulary change results in a reduction of benefits or an increase in copayment, impacted individuals are always notified in writing at least 60 days before any change.


Prior authorization

Generic drugs

  • What is a generic drug?

    Generic drugs have the same active ingredient as equivalent brand-name drugs. Generic drugs are determined by the Food and Drug Administration to be as safe and as effective as brand-name drugs. Generic drugs are only available after the brand-name patent expires. The bonus: They save you money.

  • Are brand-name and generic drugs equivalent?

    A generic drug is equivalent to the brand-name drug with the same active ingredient, dosage form, and strength. The FDA assures equivalence between the brand-name and generic products. Generic drugs cost less than brand-name products. For example, for high cholesterol, Lipitor® is now available in generic form from multiple manufacturers under the generic name atorvastatin. Lipitor® and atorvastatin are identical drugs — the only difference is one is a brand-name, the other is generic and costs much less.

  • My drug does not have a generic equivalent. Is there a generic alternative?

    A generic alternative is a generic drug that is used to treat the same condition as a brand-name drug; it is not the exact same medication as the brand-name drug. According to clinical evidence, a generic alternative can be expected to treat the same condition as well as the brand-name alternative. A new prescription is needed to obtain a generic alternative drug.

  • How do I find a generic alternative for my brand-name medication?

    Search the formulary by medical condition category and look for a medication classified as generic.

  • Where can I find more information about generics?

Specialty medications

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