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CH. 13 terms

TermDefinition
Copayment The portion of the prescription bill that the patient is responsible for paying
Deductible The amount paid by a policyholder out of pocket before the insurance company pays the claim
Direct manufacturer ordering Pharmacies may join a group purchasing organization(GPO) and contract directly with the manufacturer to obtain better pricing
Drug utilization evaluation(DUE) or review (DUR) An ongoing review by a pharmacist of the prescribing, dispensing, and use of medications, based on predetermined criteria, to decide whether changes need to be made in a patient's drug therapy.
Formulary A list of preapproved medications that are covered under a prescription plan or within an institution
Created by: Andrew2362
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