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Prescription Drugs

Prescription Drugs

Prescription drug benefits are offered through all three Baker Hughes Medical plans.

Prescription drugs are expensive, which is why Baker Hughes provides Prescription Drug coverage automatically with your medical coverage.

They also account for the largest share of your Medical plan premium, so it’s smart to ask your doctor to prescribe generic equivalents whenever possible. Generics work the same as (or similar to) the more expensive brand-name drugs, but cost Baker Hughes—and you—much less. If a generic isn’t available, ask your doctor to prescribe a brand name drug that’s listed on the CVS/caremark formulary.

You will receive a CVS/caremark Prescription Drug ID card the first time you enroll in a Baker Hughes Medical plan.

To look up prescription drug costs and find a pharmacy, click here.

You can see an overview of your 2023 prescription drug coverage here.

You can see an overview of your 2024 prescription drug coverage here.

Prescription drug costs

What you pay when you need a prescription depends on the Medical plan you enroll in. Go to the CVS/caremark website to review the list of covered medications and preventive drugs (called the "formulary") and to find prescription drug costs. You can also review it here.

If you enroll in the Premium HSA or Basic HSA plan, you will bypass the deductible for certain preventive medications. Under all three plans, select preventive drugs are covered at no cost. You can find a list of clinically effective and cost-effective medications, including covered medications and preventive drugs, on the CVS/caremark website.

Helpful tips to control your prescription drug costs
  • Use an in-network retail pharmacy
  • Make sure your doctor prescribes generic or formulary brand drugs whenever possible
  • Use home delivery for maintenance medications
  • Take your medications as prescribed
  • Know your plan and understand the benefits
  • Use your Health Care FSA or Health Savings Account to pay for out-of-pocket costs and save tax dollars 

Network pharmacies

To find a network pharmacy, click here.

Maintenance medications

If your doctor prescribes a maintenance medication that you’ll take for more than 90 days, you can choose to fill it through CVS/caremark mail service or a CVS Select Network Pharmacy with 90 day refills, including CVS or most Costco pharmacy locations. Click here to find a select participating pharmacy.

To request a prescription through mail order or to learn more about pharmacy benefits, go to or call 1-877-252-3485 to speak with a customer service representative.

Specialty prescriptions

Specialty prescriptions must be filled through CVS/caremark Specialty Pharmacy or select CVS retail pharmacies. Log on to or call 1-800-237-2767 to speak with a specialty pharmacy representative.

To Submit a Claim

Follow these instructions to submit a claim to CVS Caremark.

Levels of Coverage
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CVS/caremark

Plan Overview Chart

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Related Benefits

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