Drug Formulary

A drug formulary is a curated list of prescribed medications that a healthcare plan or insurance company covers. It helps ensure access to effective, safe, and affordable medicines by categorizing drugs into preferred, non-preferred, and sometimes restricted options. Healthcare providers use the formulary to select appropriate prescriptions, while patients benefit from predictable costs and pharmaceutical quality control. Formularies are periodically reviewed and updated based on new research, drug availability, and safety data, balancing the best treatment options with cost-efficiency for both patients and insurers.