1. Another popular option is charging higher co-pays for drugs that are not on a list of approved preferred drugs. 2. At the heart of the pharmacy benefit management business is a list, or formulary, of preferred drugs. 3. Doctors called the anastrazole results preliminary, however, and said tamoxifen should remain the preferred drug except for women who do not tolerate it. 4. Drug plans typically try to control costs by developing formularies, or lists of preferred drugs. 5. For drug companies, it is a big advantage to have their products included on the list of preferred drugs, known as a formulary. 6. Nevertheless, major employers and managed health care plans have turned to specialized pharmacy benefit companies to create preferred drug lists and new co-pay systems. 7. Pharmaceutical benefit managers help control costs, typically by establishing lists of preferred drugs and discouraging the use of other medications. 8. Pharmacy benefit managers and HMOs typically establish lists of preferred drugs, known as formularies, and recommend low-cost generic versions of brand-name drugs. 9. Republicans bar the federal government from setting drug prices or establishing a uniform list of preferred drugs. 10. Sometimes the preferred drugs are cheaper or come from manufacturers that have lured the HMO business with significant discounts. |
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