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What is a drug formulary (or preferred drug list) and how does it affect me?

affect drug formulary list
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What is a drug formulary (or preferred drug list) and how does it affect me?

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A formulary is a list of brand name and generic medications that have been reviewed and selected by a committee, which is made up of practicing doctors and clinical pharmacists. If your pharmacy benefit includes a formulary, you can save money by encouraging your doctor to prescribe medications from this preferred list.

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