Our generic prescription benefit plan provides coverage for all generic drugs. It also provides coverage for select brand-name drugs used in the treatment of diabetes, which may change from time to time without notice to members or physicians. Members who have this plan will pay 100 percent of our discounted rates for all other brand-name drugs they receive.
It’s a drug that is the same as its brand-name counterpart in dosage, safety, quality and how it’s used. Generic drugs are not manufactured under a brand name or trademark. The color and shape of a generic drug must be different from its brand-name counterpart, but the active ingredients are the same for both.
Yes! Generic drugs must meet the same Food and Drug Administration (FDA) standards as brand-name drugs. Generics use the same active ingredients as their brand-name counterparts and they work the same way in the body. The FDA requires generics to have the same quality, strength, purity and stability as brand-name drugs. And generic drugs work in the same way and in the same amount of time as brand-name drugs.