Definition of "Drug formularies"

Leisa Ormsbee real estate agent
Leisa Ormsbee, Real Estate Agent Realty Texas

Recommendation of medications that should be prescribed for certain ailments. They can be classified as follows:

  1. open or voluntary recommends a list of drugs to physicians that is supposed to be the most cost-effective for a certain ailment;
  2. closed dictates which drugs will be covered by a benefit plan.

Have a question or comment?
We're here to help.

*** Your email address will remain confidential.


Popular Insurance Terms

Popular Insurance Questions