negative formulary

negative formulary

A popular term for a list of drugs which are not available for dispensing to the beneficiaries of a particular managed care plan, usually because they are overly expensive.
References in periodicals archive ?
has obtained an order from an administrative law judge in Florida finding that the inclusion of Levothyroxine Sodium on the state's negative drug formulary is an invalid exercise of legislative authority and that the product should be removed from the negative formulary.
Mylan will make its products available to pharmacies in Florida as soon as motions and procedural steps surrounding its removal from the negative formulary are satisfied.
An administrative judge in Florida recently found that the inclusion of Levothyroxine on the state's negative drug formulary is an invalid exercise of legislative authority and that the product should be removed from the negative formulary.
Similarly, generating a Negative Formulary Change report automatically will reduce our workload from more than a week to a couple of hours.
NYSE: BRL) today praised the 6 to 0 vote by the Florida Senate Committee on Health, Aging and Long-Term Care to introduce legislation that could ultimately result in the elimination of the Florida Negative Formulary that restricts 11 generic products, including such "AB" rated drugs as Barr's Warfarin Sodium.
If the full legislature votes to dissolve the Negative Formulary, Florida will join more than 40 other states that accept the FDA's 'AB' rating as the gold standard for authorizing generic substitution.
A coalition of groups that included Barr was successful during fiscal 1999 in having the Florida legislature order a study of the consumer impact of the state's Negative Formulary that restricts 11 drugs, including Warfarin Sodium.
We encourage the legislature to dissolve the Negative Formulary even sooner than proposed and bring Florida in line with 47 other states that accept the FDA's 'AB' rating as the gold standard for authorizing generic substitution.
The Report also noted that although it is possible to remove a product, "the mechanism to revise the Negative Formulary is susceptible to influence by drug manufacturers who have significant financial incentives to promote specific drug products.
NYSE: BRL) today said it has temporarily withdrawn its application that Warfarin Sodium be removed from the Florida Negative Formulary from the agenda of Florida Board of Pharmacy meeting.
Barr filed its application to remove Warfarin Sodium from the Florida negative formulary earlier this year.
The decision by the Committee overturned an outdated negative formulary that was established in decades prior to the FDA's implementation of today's rigorous generic approval process.