What is the purpose of the TRICARE formulary?

The purpose of the TRICARE formulary is to provide a comprehensive list of medications that are covered under TRICARE's prescription drug benefits. This formulary serves as a valuable resource for beneficiaries, helping them understand which medications are available to them under their specific TRICARE plan. By guiding beneficiaries in their prescriptions, it ensures that they have access to essential medications while also promoting the use of cost-effective options when possible. The formulary also includes information on quantity limits, prior authorizations, and other important details regarding medication coverage, making it an essential tool for those navigating their pharmacy benefits.