Ryan Fitzmaurice, PharmD

Formulary changes, utilization management, and a lack of transparency upset a lot of members, which hides a lot of good things that pharmacy benefit managers do.

Each drug formulary has the evidence to support why a medication is included or excluded from a health plan and explaining that to the patient is difficult.

Specialty medications should not be defined by their cost and should instead be defined by their efficacy.

Understanding how formularies work is essential in the world of pharmacy and knowledge on this topic can help pharmacists to better serve patients.