formulary

noun

for·​mu·​lary ˈfȯr-myə-ˌler-ē How to pronounce formulary (audio)
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 Managing Costs with Insurance To manage the cost of Viagra with insurance, consider these strategies: Check Your Coverage: Review your insurance plan's formulary to determine if Viagra is covered and at what tier level. Amber Smith, Discover Magazine, 3 Apr. 2024 Over the past year, nine biosimilar versions of the medicine were launched by other companies seeking favorable placement on formularies, the lists of drugs for which health insurance coverage is available. Ed Silverman, STAT, 1 Apr. 2024 The formularies are run by health plans, pharmacy benefit managers, and the U.S. Department of Veterans Affairs. Ed Silverman Reprints, STAT, 3 Nov. 2023 The convoluted system through which most Americans get their drugs often creates incentives for formularies to choose brand-name biologics over biologics, even if the latter has a lower sticker price. Damian Garde, STAT, 13 Mar. 2024 The issue arises in what alternative therapies are listed on the formularies for insurance for the children. USA TODAY, 21 Feb. 2024 When determining a therapeutic’s positioning on formulary, in addition to an internal review, payers will look to external entities to inform their coverage decisions: For instance, the Institute for Clinical and Economic Review. Joshua Cohen, Forbes, 12 Feb. 2024 That includes legislation to ensure seniors pay no more for drugs than insurers, and a measure that lets insurers add less-expensive biosimilars to formularies mid-year. John Wilkerson, STAT, 15 Nov. 2023 Here are some key points to consider: Formulary Coverage: Insurance plans often have a formulary, which is a list of covered medications. Amber Smith, Discover Magazine, 5 Nov. 2023

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'formulary.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1541, in the meaning defined at sense 1

Time Traveler
The first known use of formulary was in 1541

Dictionary Entries Near formulary

Cite this Entry

“Formulary.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/formulary. Accessed 19 Apr. 2024.

Medical Definition

formulary

noun
for·​mu·​lary ˈfȯr-myə-ˌler-ē How to pronounce formulary (audio)
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
Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!