Teachers' Retirement Insurance Program (TRIP)
Benefit recipients who enroll in the Teachers’ Retirement Insurance Program (TRIP) receive health, prescription and behavioral health coverage. Dependent beneficiaries can be enrolled in the program at an additional cost and will have the same health plan as the benefit recipient. The monthly premium is based on the type of coverage selected and the permanent residence on file with TRS.
Prescription Provider Change to CVS on July 1
CVS/Caremark is the new Prescription Benefit Manager for TRIP members enrolled in the Teachers’ Choice Health Plan, HealthLink OAP and Coventry OAP beginning July 1, 2015. Information will be sent to you from the Illinois Department of Central Management Services (CMS) in an envelope that looks like this.
The current contract with Express Scripts ends on June 30, 2015. In an effort to minimize disruption of current prescription refills due to a change in the formulary list, members will have their current prescription drugs grandfathered for 90 days. Affected members will be sent a letter by CVS/Caremark after July 1, 2015 instructing them to contact their doctor to find an alternative drug that is included in the new formulary.
TRS has no additional information about this transition. You may contact CVS/Caremark by calling (877) 232-8128 on or after July 1, 2015. Members with questions about this transition may visit the CMS website or call CMS at (800) 442-1300.
Monthly premiums through June 30, 2016
|Type of Plan||Not Medicare Primary Under Age 26||Not Medicare Primary
|Not Medicare Primary
Age 65 & Above
|Benefit recipient||Managed Care Plan||$72.05||$223.81
|TCHP (managed care plan available in member's county)||$186.99||$527.77
|TCHP (managed care plan unavailable in member's county)||$93.49
|Dependent beneficiary||Managed Care Plan
|TCHP (managed care plan available in member's county)||$373.98||$1,055.55||$1,587.48||$434.55|
|TCHP (managed care plan unavailable in member's county)||$373.98||$1,055.55||$1,587.48||**$325.91*|