Generic substitution definition
Generic substitution means the act of switching between a branded drug and its therapeutically equivalent generic version.
Generic substitution means a drug that is the same active ingredient, equivalent in strength to the
Generic substitution means the act of switching between a
Examples of Generic substitution in a sentence
Generic substitution applies unless physician indicates no substitution (Drug Formulary 3).
Generic substitution unless specifically prescribed otherwise by the doctor.
Generic substitution applies unless physician indicates “no substitution” - Drug Formulary 3 Vision Care - $200.00 per 24-month period - Effective September 1, 2005, $50.00 routine eye examinations to a maximum of $50.00 per 24-month period.
Generic substitution for drug claims is mandatory, effective January 1, 2020, unless a drug is otherwise prescribed by an employee’s medical professional.
Generic substitution for drugs will be supplied unless other is prescribed by the employee’s physician.
More Definitions of Generic substitution
Generic substitution means the substitution of a generic version of a brand name prescription drug that has the same active ingredients, strength and intended use as the brand name prescription drug.
Generic substitution means substitution from the originally-prescribed brand name drug to a generic medication with the same active chemical ingredient, same dosage strength, and same dosage form. An example would be substituting 20 mg of Lipitor to 20 mg of Atorvastatin.
Generic substitution the act of switching between a branded drug and its therapeutically equivalent generic version.
Generic substitution means dispensing a generic drug instead of its brand name equivalent. Generic substitution is only possible when a health care provider prescribes a multisource drug (i.e., a drug with a generic equivalent). Generic substitution occurs when a physician prescribes the generic version of a multisource drug rather than its brand name equivalent, or when a pharmacist is presented with a prescription for a multisource brand name drug and dispenses the generic version instead.15
Generic substitution means the substitution of an equivalent approved generic version of a brand name prescription drug as listed by the FDA in the “Orange Book”that has the same active ingredients, strength and intended use as the brand name prescription drug. This term also includes biosimilar substitution where the FDA has designated the biosimilar product to be interchangeable with the branded product.
Generic substitution. Both generic and brand name medications are covered benefits. Regardless of the reason or medical necessity, if a member requests a brand name drug when a generic equivalent is available, the member will be responsible for the brand copay plus the difference in cost between the generic and brand name drug. • Choice 90: members are able to purchase a 90-day supply from a participating Choice-90 retail pharmacy at the mail-order copay and preferred discount. Certain drugs are not available in 90-day supplies for such reasons as quantity limit restrictions or state and federal regulations. All standard benefit plan and administrative provisions apply. Drugs purchased using the Choice 90 and mail order benefits are not included in the annual Out-of-Pocket maximum. • Diabetes related supplies such as insulin syringes, needles, glucose tablets and blood glucose test strips. • Prescription oral contraceptive drugs for birth control and medical treatment are covered under your prescription benefit. • Select immunizations and related administration fees are covered at retail pharmacies (example- influenza, pneumonia and shingles vaccines). Covered immunizations will be limited to those that are considered the “standard of care” by the local medical community. Immunizations for the sole purpose of travel or to prevent illness which may be caused by your work environment are not covered.
Generic substitution means a drug that is the same active ingredient, equivalent in strength to the strength written on the prescription, and is classified as being therapeutically equivalent to another drug in the latest edition or supplement of the Federal Food and Drug Administration Approved Drug Products