What is the difference between a preferred brand-name drug and a non-preferred brand-name drug?
A prefered brand-name drug, also known as a formulary drug, is a medication that has been reviewed and approved by a group of physicians and pharmacists. it is chosen for your formulary because it has been proven to be safe and effective. A non-preferred brand-name drug, or non-formulary drug, is a medication that has been reviewed by the same team of physicians and pharmacists. They decide that this drug is less cost effective than others on the formulary.
Related Questions
- A non-preferred drug is a medication that has been determined to have an alternative drug available that is clinically equivalent. If I am taking a brand name drug when a generic equivalent is available, at what co-payment level will this drug be available?
- What is the difference between a preferred brand-name drug and a non-preferred brand-name drug?
- What is the difference between preferred brand-name and non-preferred brand-name drugs?
