Common use of Generic Drugs Clause in Contracts

Generic Drugs. The Health Insurance Exchange Metal Level Formulary covers both brand-name drugs and generic drugs. A generic drug is approved by the FDA as having the same active ingredient and may be substituted for the brand-name drug. Generally, generic drugs cost less than brand-name drugs.

Appears in 12 contracts

Samples: Presbyterian Health, Presbyterian Health, Subscriber Agreement

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Generic Drugs. The Health Insurance Exchange Metal Level Formulary covers both brand-brand name drugs and generic drugs. A generic drug is approved by the FDA as having the same active ingredient and may be substituted for the brand-name drug. Generally, generic drugs cost less than brand-name drugs.

Appears in 5 contracts

Samples: Subscriber Agreement, Subscriber Agreement, Presbyterian Health

Generic Drugs. The Health Insurance Exchange Metal Level Formulary covers both brand-name drugs and generic drugs. A generic drug is approved by the FDA as having the same active ingredient and may be substituted for the brand-name drug. Generally, generic drugs cost less than brand-name drugs.

Appears in 4 contracts

Samples: Group Subscriber Agreement, Subscriber Agreement, Group Subscriber Agreement

Generic Drugs. The Health Insurance Exchange Metal Level Formulary covers both brand-name drugs and generic drugs. A generic drug is approved by the FDA as having the same active ingredient and may be substituted for the brand-name drug. Generally, generic drugs cost costs less than brand-name drugs.

Appears in 3 contracts

Samples: Presbyterian Health Plan, Presbyterian Health Plan, Presbyterian Health Plan

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Generic Drugs. The Health Insurance Exchange Metal Level Formulary covers both brand-brand name drugs and generic drugs. A generic drug is approved by the FDA as having the same active ingredient and may be substituted for the brand-name drug. Generally, generic drugs cost less than brand-name drugs.drugs.β€Œβ€Œ

Appears in 1 contract

Samples: Group Subscriber Agreement

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