Preferred drug definition

Preferred drug means a covered drug on the health plan formulary (also called a “Preferred Drug List or PDL”) that may include brand-name and/or generic drugs.

Preferred drug means a drug selected by the appointing authority for inclusion in the preferred drug list used by applicable state agencies for state purchased health care programs.

Preferred drug means the department’s drug of choice within

Examples of Preferred drug in a sentence

• The agency makes exceptions to their published Preferred Drug List if drug shortages occur.

• If a prescriber has indicated on a written prescription that a branded product is medically necessary for his/her patient, the pharmacist must request prior authorization before submitting the claim with DAW 1.Additionally, the District utilizes a Preferred Drug List to manage selected classes of drugs that are vetted for efficacy, safety, and therapeutic equivalency.

• Preferred Drug: a Prescription Drug that has been reviewed for cost effectiveness, clinical efficacy and quality that is preferred by the Corporation or Pharmacy Benefit Manager.

• Does your State have utilization controls (i.e., preferred drug list (PDL), prior authorization (PA), quantity limit (QL)) to either monitor or manage the prescribing of Medication Assisted Treatment (MAT)drugs for OUD?YesIf “Yes,” please explain.DC Medicaid has all approved MAT drugs in preferred status on the Preferred Drug List.

• Medications for persons determined to have a SMI, regardless of Title XIX/XXI eligibility, when their third-party insurer (Medicare or private insurance) denies coverage for a medication that is a covered behavioral health medication on the Preferred Drug List.

More Definitions of Preferred drug

Preferred drug means a covered drug on HCA’s Preferred Drug List, which may include brand-name and/or generic drugs. Preferred Drug List (PDL) is the list of outpatient drugs in selected classes designated by HCA as preferred products due to significant advantages in terms of safety, effectiveness, and/or cost.

Preferred drug means a specialty drug formulary classification for certain specialty drugs deemed preferred and therefore not subject to limits on eligibility for coverage or not subject to higher cost-sharing amounts than nonpreferred specialty drugs.

Preferred drug. This is a prescription drug that appears on the preferred drug list.

Preferred drug means the authority’s drug of choice within

Preferred drug means a drug on the New York Pharmacy Formulary that does not require prior authorization The Preferred status of a drug is designated in the column with the heading labeled “Preferred/ Non-Preferred”.

Preferred drug means a drug on the MTUS Drug List which is designated as being a drug that does not require authorization through prospective review prior to dispensing the drug, provided that the drug is prescribed in accordance with the MTUS Treatment Guidelines. The Preferred status of a drug is designated in the column with the heading labeled “Preferred / Non-Preferred”.

Preferred drug means a specialty drug formulary classification for certain specialty drugs that are not subject to limits on eligibility for coverage or to higher cost-sharing amounts than a non-preferred drug.