Preferred Drug List definition
Examples of Preferred Drug List in a sentence
A link to the ODM Unified Preferred Drug List (UPDL) at ▇▇▇▇▇://▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇▇.▇▇▇/drug-coverage.
Pursuant to 438.10(i), MCOs must make available in paper and electronic form the following Preferred Drug List information: which medications are covered (generic and name brand), what tier each medication is on, if applicable, and the information must be made available on the MCOs website.
The Contractor must use the most current version of the MS DOM Universal Preferred Drug List (PDL), which is subject to periodic changes.
Preferred Drug List — A list of Department-approved outpatient drugs designated as preferred products because they were determined to have a significant, clinically meaningful therapeutic advantage in terms of safety, effectiveness and cost for the PH-MCO Members by the PH-MCO’s P&T Committee.
If the Manufacturer elects to discontinue production, marketing or distribution of any Covered Product or to transfer or license any Covered Product to a third party, the Manufacturer shall make every reasonable effort to notify the Department prior to such action so that the Department can negotiate with such third party for State Supplemental Rebates on such Covered Product or remove such Covered Product from the Preferred Drug List and/or Recommended Drug List.