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Generic substitution definition

Generic substitutionĚýmeans the act of switching between a branded drug and its therapeutically equivalent generic version.
Generic substitutionĚýmeans a drug that is the same active ingredient, equivalent in strength to the
Generic substitutionĚýmeans the act of switching between a

Examples of Generic substitution in a sentence

  • Generic substitution does not apply to biological products.Exceptions You or your provider may ask that the plan cover a brand name drug instead of a generic equivalent without a penalty.

  • Generic substitution applies unless physician indicates no substitution (Drug Formulary 3).

  • Generic substitution, where possible, has been demonstrated to be an important solution to medicines shortages.

  • Generic substitution unless specifically prescribed otherwise by the doctor.

  • Generic substitution applies unless physician indicates “no substitutionâ€� - Drug Formulary 3 Vision Care - $200.00 per 24-month period - Effective September 1, 2005, $50.00 routine eye examinations to a maximum of $50.00 per 24-month period.


More Definitions of Generic substitution

Generic substitutionĚýmeans dispensing a generic drug instead of its brand name equivalent. Generic substitution is only possible when a health care provider prescribes a multisource drug (i.e., a drug with a generic equivalent). Generic substitution occurs when a physician prescribes the generic version of a multisource drug rather than its brand name equivalent, or when a pharmacist is presented with a prescription for a multisource brand name drug and dispenses the generic version instead.15
Generic substitutionĚýmeans substitution from the originally-prescribed brand name drug to a generic medication with the same active chemical ingredient, same dosage strength, and same dosage form. An example would be substituting 20 mg of Lipitor to 20 mg of Atorvastatin.
Generic substitutionĚýmeans the substitution of a generic version of a brand name prescription drug that has the same active ingredients, strength and intended use as the brand name prescription drug.
Generic substitutionĚýthe act of switching between a branded drug and its therapeutically equivalent generic version.
Generic substitutionĚýmeans the substitution of a generic version of a brand name prescription drug that has the same active ingredients, strength, and intended use as the brand name prescription drug, whose therapeutic equivalence has be recognized by the Food and Drugs Administration (FDA), and is coded as such in the Approved Drug Products with Therapeutic Equivalence Evaluations, better known as the â€�Orange Book.â€�
Generic substitutionĚýmeans providing consumers with a bioequivalent to the patented pharmaceutical, at a lower cost than is otherwise available.
Generic substitutionĚýmeans the substitution of an equivalent approved generic version of a brand name prescription drug as listed by the FDA in the “Orange Book”that has the same active ingredients, strength and intended use as the brand name prescription drug. This term also includes biosimilar substitution where the FDA has designated the biosimilar product to be interchangeable with the branded product.