Which statement best describes a formulary?

Which statement best describes a formulary?

• A. A schedule of pharmacy hours
• B. A list of medications approved for use
• C. A directory of patient allergies
• D. A pricing catalog for hospitals

Answer: (B)

A formulary is a curated list of medications approved for use within a specific health plan or facility. This list guides prescribers to select therapies that are evidence-based, safe, and cost-effective, and it often includes information on preferred drugs, coverage rules, and prior authorization requirements. It isn’t about pharmacy hours, patient allergy directories, or just a hospital pricing catalog, which is why the description of medications approved for use best captures what a formulary is.

A formulary is a curated list of medications approved for use within a specific health plan or facility. This list guides prescribers to select therapies that are evidence-based, safe, and cost-effective, and it often includes information on preferred drugs, coverage rules, and prior authorization requirements. It isn’t about pharmacy hours, patient allergy directories, or just a hospital pricing catalog, which is why the description of medications approved for use best captures what a formulary is.