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Common use of Formulary Clause in Contracts

Formulary. ‌ The MCO must make available, in electronic or paper format, the following information about its formulary, consistent with 42 CFR §438.10(i): 3.12.7.1 Which medications are covered (both generic and name brand); 3.12.7.2 What tier each medication is on; 3.12.7.3 The formulary document must be posted on the MCO’s web site. The document must meet all of the List of Covered Drugs Guidelines and may not differ from the State-approved paper copy. The MCO web site must include the formulary as a machine readable file, in a format specified by CMS. [42 CFR §438.10(i)]

Appears in 8 contracts

Samples: Contract for Minnesota Senior Health Options and Minnesota Senior Care Plus Services, Contract for Minnesota Senior Health Options and Minnesota Senior Care Plus Services, Contract for Minnesota Senior Health Options and Minnesota Senior Care Plus Services

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Formulary. The MCO must make available, in electronic or paper format, the following information about its formulary, consistent with 42 CFR §§ 438.10(i): 3.12.7.1 (a) Which medications are covered (both generic and name brand); 3.12.7.2 (b) What tier each medication is on; 3.12.7.3 The formulary document (c) Formulary drug lists must be posted made available on the MCO’s web site. The document must meet all of the List of Covered Drugs Guidelines and may not differ from the State-approved paper copy. The MCO web site must include the formulary as in a machine readable file, in a format specified by CMS. [42 CFR §438.10(i)].

Appears in 1 contract

Samples: Contract for Minnesota Senior Health Options and Minnesota Senior Care Plus Services

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