formulary
noun
for·mu·lary
ˈfȯr-myə-ˌler-ē 
plural formularies
1
: a collection of prescribed forms (such as oaths or prayers)
2
3
: a book listing medicinal substances and formulas
formulary
adjective
Examples of formulary in a Sentence
Recent Examples on the Web
Importantly, JPMorgan thinks this strong category and share growth will help Lilly's prescriptions continue to grow despite the CVS formulary change to make rival Novo Nordisk's Wegovy the preferred GLP-1 for weight loss.
—
Jeff Marks, CNBC, 3 June 2025
And a big part of the PBM formulary playbook is secrecy, Anderson said.
—Jason Kane, NBC news, 2 June 2025
As middlemen between insurers, drugmakers, and pharmacies, PBMs manage formularies, negotiate prices, and process pharmacy claims.
—Seth Joseph, Forbes.com, 5 May 2025
Caremark negotiates drug discounts with manufacturers on behalf of insurance plans and creates lists of medications, or formularies, that are covered by insurance and reimburses pharmacies for prescriptions.
—Annika Kim Constantino, CNBC, 1 May 2025
See All Example Sentences for formulary
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Jeff Marks, CNBC, 3 June 2025
And a big part of the PBM formulary playbook is secrecy, Anderson said.
—Jason Kane, NBC news, 2 June 2025
As middlemen between insurers, drugmakers, and pharmacies, PBMs manage formularies, negotiate prices, and process pharmacy claims.
—Seth Joseph, Forbes.com, 5 May 2025
Caremark negotiates drug discounts with manufacturers on behalf of insurance plans and creates lists of medications, or formularies, that are covered by insurance and reimburses pharmacies for prescriptions.
—Annika Kim Constantino, CNBC, 1 May 2025
See All Example Sentences for formulary
Cite this Entry
“Formulary.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/formulary. Accessed 15 Jun. 2025.
Copy CitationMedical 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
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