Friday, January 5, 2007

Office of Group Benefits Increases Lifetime Maximum Prescription Drug Limit

The lifetime maximum for prescription drugs has been increased from $250,000 to $500,000 effective January 1, 2007.

The additional $250,000 in the lifetime prescription drug maximum will apply to purchases incurred from January 1, 2007 forward. It cannot be used retroactively.

This lifetime maximum is per person and is in addition to and separate from the current medical lifetime maximum.