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Does a Short Term Medical plan cover prescription drugs?

April 26, 2017cover medical Plan prescription drugs short term

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Does a Short Term Medical plan cover prescription drugs?

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Yes. However, there are no copayments. When you present your STM prescription card, which is now conveniently part of your ID card, at a participating pharmacy, you will receive a negotiated disounted and then will be subject to deductible and coinsurance amounts. Look at the real-life savings examples below for some commonly used prescriptions and see what you could save when you use your Short Term Medical (STM) prescription drug card.