Which of the following methods has been used by third-party payers to control pharmaceutical costs?

Question

Quizplus · Accepted Answer

All of the options listed (formularies, drug utilization review, and generic substitution) have been used by third-party payers to control pharmaceutical costs. Formularies are lists of drugs preferred by an insurance plan or other third-party payer. Drug utilization review involves reviewing prescribing and dispensing patterns to ensure appropriate and cost-effective use of medication. Generic substitution involves substituting a less expensive generic drug for a brand-name drug when possible. Therefore, the correct answer is E, all of the above.

Which of the Following Methods Has Been Used by Third-Party