MLchartDataset catalogue

Formulary drug

Term · Economic statistics · MLC-T-ECS-000767

Generic or brand-name drug that is approved by a healthcare provider.

Note: Drugs not approved by the healthcare provider are nonformulary drugs, for which enrollees receive less generous benefits, such as a higher copayment per prescription.

Table 1. Record
IdentifierMLC-T-ECS-000767
FieldEconomic statistics
ReferencesBLS Glossary
Record as JSON 
{
  "id": "MLC-T-ECS-000767",
  "term": "Formulary drug",
  "field": "Economic statistics",
  "definition": "Generic or brand-name drug that is approved by a healthcare provider.\n\nNote: Drugs not approved by the healthcare provider are nonformulary drugs, for which enrollees receive less generous benefits, such as a higher copayment per prescription.",
  "references": [
    "BLS Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/formulary-drug/"
}

Record 755 of 2,141 in Economic statistics terminology (MLC-0116). Request the full dataset.