What Is A Drug Formulary? Definitions, Tiers, Costs, and …
May 19, 2020 · A formulary is a list of generic and brand name prescription drugs covered by your health plan. Your health plan may only help you pay for the drugs listed on its formulary. It’s their way of providing a wide range of effective medications at the lowest possible cost. You may be asked to pay a copay of $5, $10, $20, or more, depending on the drug.
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