Health · Chapter 13 · Limited Policies — Services
Formulary
Definition
The list of specific medications covered by a prescription drug plan. Formularies categorize drugs by price class, drug family, and clinical purpose; typical pharmaceutical classes are generic, brand-name, and specialty.
In plain English
The plan's approved-drug menu — if your medication isn't on it, the plan doesn't pay.
Easy to confuse with
These are what this term gets tested against — if you can't tell them apart cold, drill the contrast.
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