Insurance Company Formulary Transparency and Drug Substitutions

Year: 2008

Resolution Number: 83

Action Taken: Approved as Amended

Status:

Author(s): Mohammed A. Arsiwala, MD

Sponsor: James H. Sondheimer, MD

On behalf of: Wayne County Delegation

Committee: B (Legislation)

Resolved Section(s):
RESOLVED: That MSMS propose policies and legislation to establish standards for all commercial payers’ drug formulary publication, ideally in an internet environment, including information for web or fax prior authorization and exception requests; and be it further RESOLVED: That MSMS seek policies and legislation stipulating that an insurance company formulary may suggest preferred therapeutically equivalent agents, no prescription denial or substitution could be made absent the physician’s notification and approval.

Fiscal Note: NULL

Resolution: View PDF for Insurance Company Formulary Transparency and Drug Substitutions