formulary

noun

for·​mu·​lary ˈfȯr-myə-ˌler-ē 

plural formularies

1

: a collection of prescribed forms (such as oaths or prayers)

2

: formula sense 1

3

: a book listing medicinal substances and formulas

formulary adjective

Examples of formulary in a Sentence

Recent Examples on the Web

And that incentive might put the drug in a better position — or tier — on a formulary, which is the menu of drugs a health plan will pay for. —Sydney Lupkin, NPR, 14 Jan. 2025

The spokesperson added that Medicare Part D plans may add drugs to their formularies at any time during the plan year. —Bruce Gil, Quartz, 8 Jan. 2025

The complaints accuse PBMs, like CVS Caremark and OptumRx, of manipulating the system by demanding large rebates from drug manufacturers in exchange for favorable placement on formularies, which led to inflated drug prices for health plans. —Hannah Parry, Newsweek, 24 Dec. 2024

Similarly, check to see if your current prescriptions are included in the plan’s formulary, a list of prescription drugs covered by the plan. —Allie Volpe, Vox, 2 Jan. 2025

Word History

First Known Use

1541, in the meaning defined at sense 1

Medical 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