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(a) Formulary placement (part D).
The Constitution is not a formulary.
This tool is known as a "formulary finder".
A formulary is a list of drugs covered by a particular insurance plan.
(9) A formulary system must be established by the medical staff to assure quality pharmaceuticals at reasonable costs.
The VA has much greater ability to set a formulary than do most public payers, including state Medicaid programs.
There are, for example, many anti-cholesterol drugs, but a formulary may not include the drug that works best for a particular patient.
*Medicare would not have to pay for a prescription drug excluded from an insurer's list of preferred medicines, known as a formulary.
For drug companies, it is a big advantage to have their products on the list of preferred drugs, known as a formulary.
Dr. Marcos said the corporation was developing a formulary system, but added that doctors and drug companies frequently put up considerable obstacles.
"We don't have the ability to control drug costs, because the state doesn't have the ability to establish a formulary," said Jim Edge, Oregon's assistant state Medicaid director.
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