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What is the primary goal of a formulary in the context of a health plan?

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Final answer:

The primary goal of a formulary in the context of a health plan is to provide a list of preferred medications that are covered by the plan and accessible to its members.

Step-by-step explanation:

The primary goal of a formulary in the context of a health plan is to provide a list of preferred medications that are covered by the plan and accessible to its members. A formulary helps ensure that appropriate and cost-effective medications are available for treatment. It also helps control healthcare costs and promotes efficient prescribing practices.

For example, a health plan's formulary may include generic alternatives to brand-name medications, which are usually more affordable. It may also prioritize medications that have been proven effective and safe through research and clinical trials. The formulary may be organized into different tiers, with different copayments or coverage levels for each tier.

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