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04HQ1217 8/13 Blue Cross and Blue Shield of Louisiana incorporated as Louisiana Health Service & Indemnity Company August 2013 1 Your Guide to Your Prescription Drug Program Because drug benefits
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What is drug formulary - blue?
Drug formulary - blue is a list of prescription drugs that are covered by a specific insurance plan. It also includes information about drug tiers, prior authorization requirements, and coverage limitations.
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Health insurance providers or organizations that offer drug coverage plans, specifically the plan administrator, are required to file drug formulary - blue.
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Drug formulary - blue can be filled out by the plan administrator or their designated representative. They need to provide accurate information about the covered drugs, tiers, prior authorization criteria, and any specific coverage rules.
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The purpose of drug formulary - blue is to provide transparency and information to plan members and healthcare providers. It helps them understand which drugs are covered, the associated costs, and any coverage limitations.
What information must be reported on drug formulary - blue?
Drug formulary - blue must report information such as the names and dosages of covered drugs, drug tiers, any step therapy or prior authorization requirements, coverage limitations, and any cost-sharing details.
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