Who Makes Drug Formularies?

Each health insurance provider uses an independent panel of experts to choose which drugs will go on the formulary. This is known as a pharmacy and therapeutics committee. The committee is made up of pharmacists, physicians and other clinical experts.

The committee meets regularly to manage and update the formulary. They will discuss new drugs, safety data, clinical trial results and doctors’ recommendations to keep the formulary up to date. As a result of these regular meetings, your drug formulary may change at any time.

The committee is only in charge of deciding what drugs will be on the formulary. The cost of the selected drugs is left up to your health insurance provider.

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