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Drug and Therapeutics Committee
Training CourseSession 2.
Developing and
Maintaining a Formulary
Participants Guide Drug and Therapeutics Committee Training CourseParticipants Guides document was
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What is maintaining a formulary?
Maintaining a formulary involves managing and updating a list of medications covered by a health plan.
Who is required to file maintaining a formulary?
Health insurance companies and pharmacy benefit managers are required to file maintaining a formulary.
How to fill out maintaining a formulary?
Maintaining a formulary is typically filled out by a designated individual within the organization who updates the list of covered medications.
What is the purpose of maintaining a formulary?
The purpose of maintaining a formulary is to ensure transparency and accessibility of covered medications for members of a health plan.
What information must be reported on maintaining a formulary?
The information reported on maintaining a formulary includes the list of covered medications, availability of generic alternatives, and any prior authorization requirements.
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