What is the main function of the formulary in Wellcare’s prescription drug plan?

The formulary in Wellcare's prescription drug plan serves as a comprehensive list of medications that are covered under the plan. Its primary function is to inform members about which drugs they can obtain with coverage and at what cost. This allows members to make informed decisions regarding their treatment options while managing their out-of-pocket expenses effectively.

By detailing which medications are included in the plan, the formulary plays a crucial role in guiding healthcare providers and members in choosing appropriate therapies that align with the plan's coverage rules. Having access to this information helps ensure that members can receive necessary medications without incurring unexpected costs. Understanding the formulary is essential for optimizing healthcare outcomes while navigating the complexities of prescription drug coverage within Wellcare's plan.