Formulary

Formulary

Fri, 02/14/2020 - 15:30
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A list of prescription drugs covered by a prescription drug plan or another insurance plan offering prescription drug benefits.

Also called a drug list or simply an approved list.

Purchasing drugs on your health insurance plan’s formulary usually will be less expensive for you.

Related content

Prescriptions

• Is my prescription covered?

Brand-Name Drugs

• Preferred brand vs. Non-preferred brand

Generic Drugs

• Are generic drugs safe?