Preferred drug definition

Preferred drug means a covered drug on the health plan formulary (also called a “Preferred Drug List or PDL”) that may include brand-name and/or generic drugs.
Preferred drug means a covered drug on HCA’s Preferred Drug List, which may include brand-name and/or generic drugs. Preferred Drug List (PDL) is the list of outpatient drugs in selected classes designated by HCA as preferred products due to significant advantages in terms of safety, effectiveness, and/or cost.
Preferred drug means a drug selected by the appointing authority for inclusion in the preferred drug list used by applicable state agencies for state purchased health care programs.

Examples of Preferred drug in a sentence

  • A Prescription drug or device that may have a higher out-of-pocket cost than a Preferred drug.

  • Non-Preferred Drugs will be covered only when: (1) prescribed by a Plan physician or by a dentist or a referral physician; and (2) (a) there is no equivalent drug in our Preferred Drug List, or (b) an equivalent Preferred drug (i) has not been effective in treating the disease or condition of the Member; or (ii) has caused or is likely to cause an adverse reaction or other harm to the Member.

  • A group of medications determined by the Plan that may be available at a reduced Coinsurance and are noted on the Preferred drug guide.

  • We examined the City of Surrey website, as well as available terms of reference for the City’s advisory bodies, in order to understand which advisory bodies exist in the City and how they operate.

  • The Negotiated charge does not reflect any amount Aetna, an affiliate, or a third party vendor, may receive under a rebate arrangement between Aetna, an affiliate or a third party vendor and a drug manufacturer for any Prescription drug, including Prescription drugs on the Preferred drug guide.Aetna may receive rebates from the manufacturers of Prescription drugs and may receive or pay additional amounts from or to third parties underprice guarantees.


More Definitions of Preferred drug

Preferred drug means the department’s drug of choice within
Preferred drug means the authority’s drug of choice within
Preferred drug means a specialty drug formulary classification for certain specialty drugs deemed preferred and therefore not subject to limits on eligibility for coverage or not subject to higher cost-sharing amounts than nonpreferred specialty drugs.
Preferred drug. This is a prescription drug that appears on the preferred drug list.
Preferred drug means a drug on the New York Pharmacy Formulary that does not require prior authorization The Preferred status of a drug is designated in the column with the heading labeled “Preferred/ Non-Preferred”.
Preferred drug means a drug selected by the appointing authority for inclusion in the Washington pre- ferred drug list used by applicable state agencies for state pur- chased health care programs.
Preferred drug means a drug on the MTUS Drug List which is designated as being a drug that does not require authorization through prospective review prior to dispensing the drug, provided that the drug is prescribed in accordance with the MTUS Treatment Guidelines. The Preferred status of a drug is designated in the column with the heading labeled “Preferred / Non-Preferred”.