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No, they vary widely and change over time.

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Q: Are prescription drug formulary the same with all health insurance plans?
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What do you call the list medications covered under insurance plans?

formulary


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What is the difference between formulary drugs and non-formulary drugs?

If you look at the chemical properties of the drugs, there is no difference. If you consider whether your insurance company is going to "cover" the drugs, you need to select a "Formulary Drug." Insurance companies, HMO's, PPO's will cover certain medications...and you can get a list of the drugs that your plan covers...this list is your plan's "formulary." If you are taking a maintenance medication...it is important to "try" and make sure the plan you choose has your medication on their formulary. Sad fact, even when you think you are sitting pretty...got all the bases covered, companies have been known to change their formulary "mid-stream." Blue Cross Blue Shield of Illinois changed their policy in the middle of the year where they covered only selected brand name drugs, but still covered all generics. All the companies do surprising things that almost always benefit the companies and not the members who are paying for the policies. This is a huge pet peeve for all Americans at the moment or will be whenever they face it... and have to deal with this "transparent as cement" evil.