Medical and Prescription Drug

The Lubrizol CDHP (consumer-driven health plan) options offer the protection of a medical plan plus a tax-free HSA you can use to help pay for eligible health care expenses, now and in the future. After you meet the annual deductible, the plan pays a percentage of covered services received through either network or non-network providers—just like a PPO option.

Lubrizol offers 3 different CDHP options: Core, Standard and Plus. Watch the videos below to learn more about how each plan works.

All CDHP Plan Options Video

Core Plan Video

Standard Plan Video

Plus Plan Video

 

Health Savings Account (HSA)

A personal HSA is established for you under the Lubrizol CDHP Standard and Plus options.  You must choose whether to open an HSA account if you enroll in the Core plan. OptumHealth Bank, a subsidiary of UnitedHealthcare, will administer your account.  You can use the HSA to pay for a wide range of medical, prescription drug, dental and vision out-of-pocket expenses during the year. IRS Publication 502 provides a detailed list of eligible health care expenses.  Any money left in the account at the end of the plan year carries over for future use. The account is yours to keep, even if you change health plans, change jobs or retire.

When you enroll in the Lubrizol CDHP on the Web, federal banking regulations require you to affirm your agreement to the opening of an account in your name.  You must accept this affirmation statement to be enrolled in the Lubrizol CDHP.

 

Prescription Drug Coverage

Members of all medical plans will receive their prescription coverage through CVS Caremark. 

You may purchase prescription drugs three ways:

  • Retail Pharmacy. You may have prescriptions filled and receive benefits at any pharmacy participating in CVS/Caremark's retail network. This method is best for short-term prescriptions that you need right away; for example, a 10-day supply of antibiotics for an ear infection. You may purchase prescriptions for 30 days or less (with one refill).
  • Mail Order. When you need maintenance medications for ongoing medical conditions, Mail Order is an option. This option allows you to purchase prescriptions up to a 90-day supply (with up to three refills per year).
  • Maintenance Choice Program. Caremark has a special Program which allows you to purchase a 90-day maintenance prescription at a CVS retail pharmacy for the same cost as a mail order prescription.  Not all prescriptions which are written for 90 days are classified as maintenance drugs. Please call Caremark (1-844-742-5087) to see if your prescription is on the maintenance list.

Special considerations:

Some generic preventive maintenance drugs will be covered at 100%. See the list of medications here.

You may obtain one initial fill plus one refill at a retail pharmacy for medications that you will be taking for a short period of time.

For maintenance drugs, the Mail Order Program or the Maintenance Choice Program is mandatory after your initial fill plus one refill at a retail pharmacy.

If a generic drug is available and you choose a brand name instead, you will pay the generic coinsurance, plus the difference between the cost of the brand and the generic.

If you request a generic drug and no generic is available, you will pay the brand copay.

Questions? Contact Health Advocate.