A new report shows that an evidence-based drug
formulary put into effect by the California Division of Workers' Compensation's over a year ago may be working.
This was achieved through a tightly managed approach, including effective
formulary strategies, indication and outcomes-based contracting, and utilization management to guide safe and appropriate use for patients dealing with complex and often debilitating conditions.
From each of the eight hospitals, the hospital
formulary was collected, after the permission of the hospital authority.
According to a fact sheet issued by CMS on the same day, indication-based
formulary design "is a
formulary management tool that allows health plans to tailor on-formulary coverage of drugs predicated on specific indications."
The memo notes that if a Part D plan sponsor chooses to opt into this policy, "it must ensure that there is another therapeutically similar drug on
formulary for the nonformulary indication.
The agreement takes effect on 1 July 2018 for commercial patients covered by the Express Scripts National Preferred
Formulary (approximately 25 million individuals in total).
Like an "in-network" provider, drugs on the
formulary will be cheaper for the patient.
ISLAMABAD -- The Drug Regulatory Authority of Pakistan's (Drap) demand for data from pharmaceutical companies regarding 80,000 medicines, in order to prepare a drug
formulary, has reached the Islamabad High Court (IHC) due to a possible conflict of interest.
Islamabad -- The contract of drugs national
formulary preparation awarded to a foreign company by the Drug Regularity Authority of Pakistan has been challenged in court alleging financial embezzlements and violation of law, official told The Nation on Saturday.
Instability of
formulary coverage for drug and insulin can make it tough to treat patients with diabetes, and the problem is getting worse.
Orexo AB has made changes to Zubsolv (buprenorphine and naloxone) sublingual tablet (CIII) managed care
formulary position with CVS Caremark for patients suffering from opioid dependence.
Health-insurance plans usually come with a drug
formulary -- a list of prescription medications covered by the policy.
