In a pharmacy benefit, which term describes the list of prescription drugs covered by the plan?

• A. A list of non-covered drugs
• B. A list of covered drugs
• C. A list of preferred doctors
• D. A list of pharmacies

Answer: (B)

The main idea is that a pharmacy benefit is built around a catalog of medications the plan will pay for. This catalog is called the formulary, and it shows which drugs are covered and often how their costs are tiered for copays. Among the options, describing a list of drugs the plan covers best captures the concept, since it directly reflects what the plan will reimburse or provide under the benefit. The other choices refer to drugs that aren’t covered, networks of doctors, or lists of pharmacies, which are not about the covered-drug catalog. In practice, you’ll hear about the formulary to know whether a drug is covered and what your out-of-pocket cost might be.