Sanford Health Plan


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Value of Outpatient Drug Formulary

Value of Drug Formulary

    Created by a team of practicing area physicians and pharmacists, the Outpatient Drug Formulary identifies the most effective and efficient drugs for each disease. Through constant monitoring and negotiations, the Health Plan has been able to attain low single digit trend increases in the cost of outpatient prescription medication in the last two years. This structure is in place to help increase the value of the dollars spent by employer groups by controlling and reducing costs.


        The impact of using generic vs. name brand prescriptions was
        a cost savings of $740,000 last year for Health Plan members.