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 the act of switching between a branded drug and its therapeutically equivalent generic version.

Examples of Generic substitution in a sentence

• Generic substitution does not apply to biological products.Exceptions You or your provider may ask that the plan cover a brand name drug instead of a generic equivalent without a penalty.

• Contractually, CVS/caremark has full authority over the development of the PDL; therefore, DSGI cannot require that specific drugs be included.2. Generic substitution: Prescriptions written for brand name drugs that have a generic equivalent will be automatically substituted unless the prescribing physician writes “dispense as written” or “DAW” on the prescription.

• Generic substitution: Prescriptions written for brand name drugs that have a generic equivalent will be automatically substituted unless the prescribing physician writes “dispense as written” or “DAW” on the prescription.

• Contractually, CVS Caremark has full authority over the development of the PDL; therefore, DSGI cannot require that specific drugs be included.2. Generic substitution: Prescriptions written for brand name drugs that have a generic equivalent will be automatically substituted unless the prescribing physician writes “dispense as written” or “DAW” on the prescription.

• Generic substitution, where possible, has been demonstrated to be an important solution to medicines shortages.

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. 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. Covered Drug Supply • 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 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 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

Generic substitution. The maximum amount payable for an eligible expense will be limited to the lowest priced item in the appropriate generic category, unless the physician or dentist has indicated no substitution on the prescriptionform.

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, whose therapeutic equivalence has be recognized by the Food and Drugs Administration (FDA), and is coded as such in the Approved Drug Products with Therapeutic Equivalence Evaluations, better known as the “Orange Book.”

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.