formulary
IPA: fˈɔrmjʌɫɛri
noun
- A list of formulas; a collection of set forms to be followed, especially in religious belief.
- A pharmacopoeia or list of available drugs, particularly prescription drugs
- (healthcare) A list of drugs, created by health insurers, hospitals, or prescription drug plans, that defines how costs for any drug are shared between patient and health care provider, typically broken down by tiers such as preferred generics with lowest copay, or preferred brand with higher copay, or non-preferred brand and not covered tiers with the highest cost to the patient.
- An ancient or medieval collection of models for official writings.
- A collection of formulas in sciences and mathematics.
adjective
- Stated; prescribed; ritual.
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Examples of "formulary" in Sentences
- The negative formulary approach.
- Online palliative care formulary.
- This was known as the formulary system.
- At its most basic level, a formulary is a list of medicines.
- This formulary formed the basis of the Formulary Controversy.
- Patients pay varying co pays for drugs that are on formulary.
- Or official national formulary or any supplement to any of them.
- An important aspect of the Praetor's Edict concerned formulary procedure.
- At the core of most reimbursement regimes is the drug list, or formulary.
- A formulary is a list of drugs which are covered under a prescription benefit plan.
- You deny access to common medications, because your formulary is the most restrictive.
- A formulary is a listing of brand name and generic medications that are preferred by your insurance company.
- • Pharmacy Copays: The committee proposed eliminating copays for generic and brand-name formulary medications purchased through the mail-order pharmacy system.
- If you have prescription drug coverage through a pharmacy benefits manager PBM, get a copy of the formulary, which is a list of prescription drugs that your plan covers.
- So job number one, check to make sure your doctor is still in your plan and be sure that the drugs you take regularly are still in the formulary, that is, you can get the best price possible for them.
- A formulary is a list of approved or preferred prescription drugs compiled by insurance plans that–in theory, at least–are supposed to drive down overall costs for the insurer while still providing adequate treatment for patients.
- A formulary is a list of approved or preferred prescription drugs compiled by insurance plans that – in theory, at least – are supposed to drive down overall costs for the insurer while still providing adequate treatment for patients.
- Just because a drug is on what's called the formulary at the beginning of the year doesn't mean it even stays on the plan for all of the year, or that it's even on the plan the next year, or even that the plan that you signed up for the first year is even available.