formulary
noun
for·mu·lary
ˈfȯr-myə-ˌler-ē 
plural formularies
1
: a collection of prescribed forms (such as oaths or prayers)
2
3
: a book listing medicinal substances and formulas
formulary
adjective
Examples of formulary in a Sentence
Recent Examples on the Web
What To Know Cuban's support for Trump's order centers on reforming how drug formularies are managed and increasing access to pricing data.
—
Thomas G. Moukawsher, MSNBC Newsweek, 17 Apr. 2025
That segment includes its pharmacy benefit manager, which negotiates drug rebates with manufacturers on behalf of insurers and maintains formularies, among other responsibilities.
—Annika Kim Constantino, CNBC, 17 Apr. 2025
PBMs develop lists called formularies that dictate what drugs health plans cover.
—Jake Frenz, Forbes, 18 Mar. 2025
Rebates are payments from drug manufacturers to PBMs in exchange for moving market share toward products with preferred positioning on formularies or lists of covered medications.
—Joshua P. Cohen, Forbes, 18 Mar. 2025
See All Example Sentences for formulary
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Thomas G. Moukawsher, MSNBC Newsweek, 17 Apr. 2025
That segment includes its pharmacy benefit manager, which negotiates drug rebates with manufacturers on behalf of insurers and maintains formularies, among other responsibilities.
—Annika Kim Constantino, CNBC, 17 Apr. 2025
PBMs develop lists called formularies that dictate what drugs health plans cover.
—Jake Frenz, Forbes, 18 Mar. 2025
Rebates are payments from drug manufacturers to PBMs in exchange for moving market share toward products with preferred positioning on formularies or lists of covered medications.
—Joshua P. Cohen, Forbes, 18 Mar. 2025
See All Example Sentences for formulary
Cite this Entry
“Formulary.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/formulary. Accessed 1 May. 2025.
Copy CitationMedical Definition
formulary
noun
for·mu·lary
ˈfȯr-myə-ˌler-ē
plural formularies
1
: a book containing a list of medicinal substances and formulas see national formulary
2
: an official list of generic and brand name pharmaceutical drugs designated by a health insurance provider as approved for coverage under the provider's pharmacy plan benefits
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