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Formulary (pharmacy)

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316:(CADTH) is the advisory body that evaluates new medical technologies and prescription medication. Based on recommendations the provincial and territorial governments decide whether or not to implement changes to their healthcare system and public drug formularies. Provincial and territorial government provide partial prescription drug coverage and the overall drug payment is a mix of public taxation, private insurance and out-of-pocket expenses. Insurance coverage differs regionally, although each public drug coverage plan must meet standards set by the federal government. Regional health authorities are in charge of regulating and providing its residents insurance while the federal government provides insurance for specifically eligible veterans, 168: 66: 25: 346:
When used appropriately, formularies can help manage drug costs imposed on the insurance policy. However, for drugs that are not on formulary, patients must pay a larger percentage of the cost of the drug, sometimes 100%. Formularies vary between drug plans and differ in the breadth of drugs covered
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available to enrollees, and a tiered formulary provides financial incentives for patients to select lower-cost drugs. For example, under a 3-tier formulary, the first tier typically includes generic drugs with the lowest cost sharing (e.g., 10% coinsurance), the second includes preferred brand-name
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may prescribe a non-formulary medicine if they consider it necessary and justifiable. Often, these local formularies are shared between a Primary Care Organisation (PCO) and hospitals within that PCO's jurisdiction, in order to facilitate the procedure of transferring a patient from
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throughout the country, indicating which products are interchangeable. It includes key information on the composition, description, selection, prescribing, dispensing and administration of medicines. Those drugs considered less suitable for prescribing are clearly identified.
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national formulary. Usage of the database is free of charge and it has no promotional texts or advertising. FASS has been developed by the Swedish Association of the Pharmaceutical Industry (LIF) in close cooperation with Sweden's
419:(CCGs), produce their own lists of medicines deemed preferable for prescribing within their locality or organisation; such lists are usually a subset of the more comprehensive BNF. These formularies are not absolutely binding, and 557: 227:, often decided upon by a group of people, for various reasons such as insurance coverage or use at a medical facility. Traditionally, a formulary contained a collection of formulas for the 355:
substitution (also known as a preferred drug list). Formularies have shown to cause issues in hospitals when patients are discharged when not aligned with outpatient drug insurance plans.
553: 396:", detailing medicines which are not to be prescribed under the NHS and must be paid for privately by the patient. Recommendations for additions to the NHS formulary are provided by the 289:(PBS) and medications that are available under the PBS and the indications for which they can be obtained under said scheme can be found in at least two places, the PBS webpage and the 549: 854:"Effect of Misalignment between Hospital and Provincial Formularies on Medication Discrepancies at Discharge: PPITS (Proton Pump Inhibitor Therapeutic Substitution) Study" 907:
The National Institute for Health and Care Excellence (NICE) provides recommendations on whether new branded drugs should be covered by the publicly funded NHS.
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is the national formulary that lists all medical ingredients for human and animal use available with a prescription with the exception of those under the
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As in the United States, the NHS actively encourages prescribing of generic drugs, in order to save more of the budget allocated to them by the
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drugs with higher cost sharing (e.g., 25%), and the third includes non-preferred brand-name drugs with the highest cost-sharing (e.g., 40%).
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Martin, Danielle; Miller, Ashley P; Quesnel-Vallée, Amélie; Caron, Nadine R; Vissandjée, Bilkis; Marchildon, Gregory P (2018).
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today). Today, the main function of a prescription formulary is to specify particular medications that are approved to be
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The Unintended Consequences of National Pharmacare Programs: The Experiences of Australia, New Zealand, and the UK
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policy. The development of prescription formularies is based on evaluations of efficacy, safety, and
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Depending on the individual formulary, it may also contain additional clinical information, such as
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information booklet from The Swedish Association of the Pharmaceutical Industry (LIF). Updated 2008
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Chua, Doson; Chu, Eric; Lo, Angela; Lo, Melissa; Pataky, Fruzina; Tang, Linda; Bains, Ajay (2012).
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In Australia, where there is a public health care system, medications are subsidised under the
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In the US, where a system of quasi-private healthcare is in place, a formulary is a list of
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Please help update this article to reflect recent events or newly available information.
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at Uppsala University and the Swedish Association of the Pharmaceutical Industry (LIF).
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A National Formulary for Canada, Department of Economics, University of Calgary, 2005
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and testing of medication (a resource closer to what would be referred to as a
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A national formulary contains a list of medicines that are approved for
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By the turn of the millennium, 156 countries had national or provincial
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Allin, Sara; Marchildon, Greg (2020). Merkur, Sherry (ed.).
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Canadian Agency for Drugs and Technologies in Health
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Fraser Institute. pp. 6–7. 877: 858:The Canadian Journal of Hospital Pharmacy 817: 765: 207:Learn how and when to remove this message 150:Learn how and when to remove this message 558:Department of Pharmaceutical Biosciences 525:, later bought out and merged with the 481:British National Formulary for Children 1079:Pharmacological classification systems 1061: 1019: 1017: 1015: 993: 634: 622:"Pharmaceutical Benefits Scheme (PBS)" 544:, with additional assistance from the 470:(Ă–AB), the Austrian national formulary 455:Examples of national formularies are: 735: 733: 731: 673:Patented Medicine Prices Review Board 660: 658: 656: 533:Farmaceutiska Specialiteter i Sverige 442: 161: 88:adding citations to reliable sources 59: 18: 1012: 996:"About the Pharmaceutical Schedule" 994:Government, PHARMAC | New Zealand. 841:New York State Department of Health 461:Australian Pharmaceutical Formulary 307:Controlled Drugs and Substances Act 13: 728: 653: 628: 554:National Corporation of Pharmacies 492:(FK), the Dutch national formulary 14: 1110: 1053:The Kazakhstan National Formulary 1040: 504:, the Croatian national formulary 358: 34:This article has multiple issues. 1000:Pharmac | New Zealand Government 523:United States National Formulary 327: 166: 64: 23: 987: 962: 937: 912: 894: 792:Huskamp HA, Keating NL (2005). 579: â€“ Branch of health policy 75:needs additional citations for 42:or discuss these issues on the 845: 834: 698:"Canada: Health System Review" 689: 614: 590: 287:Pharmaceutical Benefits Scheme 1: 949:Indonesian Ministry of Health 920:"Ă–sterreichisches Arzneibuch" 758:10.1016/S0140-6736(18)30181-8 635:Canada, Health (2013-05-29). 583: 550:Pharmaceutical Benefits Board 417:Clinical Commissioning Groups 291:Australian Medicines Handbook 702:Health Systems in Transition 637:"The Prescription Drug List" 280: 7: 708:(3). 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Index

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verification
improve this article
adding citations to reliable sources
"Formulary" pharmacy
news
newspapers
books
scholar
JSTOR
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factual accuracy
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pharmaceutical drugs
compounding
pharmacopoeia
prescribed
hospital
health system
health insurance
cost-effectiveness
side effects
contraindications
doses
essential medicines
Pharmaceutical Benefits Scheme
Australian Medicines Handbook

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