Common use of Preferred Status Clause in Contracts

Preferred Status. State may also arrange for Preferred Status for Covered Product. 3.2.1. With respect to covered outpatient drugs reimbursed on an FFS basis, Covered Product may have Preferred Status. If relevant, details about Covered Product’s Preferred Status in the FFS setting are described in Appendix A. 3.2.2. With respect to covered outpatient drugs reimbursed by MCOs, State will work with MCOs to ensure that Covered Product has Preferred Status. If relevant, details about Covered Product’s Preferred Status in the MCO setting are described in Appendix A. 3.2.3. State may subject Covered Product to prior authorization, step-edit therapy and other management tools that it applies to other drugs within the Product Class.

Preferred Status. State may also arrange for Preferred Status for Covered Product. 3.2.1. With respect to covered outpatient drugs reimbursed on an a FFS basis, Covered Product may have Preferred Status. If relevant, details about Covered Product’s Preferred Status in the FFS setting are described in Appendix A. 3.2.2. With respect to covered outpatient drugs reimbursed by MCOs, State will work with MCOs to ensure that Covered Product has Preferred Status. If relevant, details about Covered Product’s Preferred Status in the MCO setting are described in Appendix A. 3.2.3. State may subject Covered Product to prior authorization, step-edit therapy and other management tools that it applies to other drugs within the Product Class.