Formularies
•Part D plans generally do not cover all drugs available in each category of Part D covered drugs because in some cases several similar drugs are available to treat the same medical condition.
•Part D plans include the Part D drugs they will cover on a list known as a “formulary.”
Formularies are developed by pharmacists, doctors, and other experts.
•Part D plan formularies must include:
At least two drugs in each therapeutic category.
Generic and brand-name drugs.