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Medicare Part D Glossary




Letter N
Jump to:
: : network : : non-preferred brand-name drugs
: : network retail pharmacy : : non-renewal
: : non-formulary drugs


network
The doctors, hospitals, and pharmacies having contracts with an insurance plan to provide care to the plan's members. It is necessary to use your Part D prescription drug plan's network of pharmacies to save money on your drugs.

network retail pharmacy
A network retail pharmacy is a pharmacy that's part of a group of pharmacies chosen by a prescription drug plan to provide pharmacy care to its members at a lower cost.

non-formulary drugs
Non-formulary drugs are prescription drugs that aren't included on a prescription drug plan's formulary - or list of approved drugs.

non-preferred brand-name drugs
A non-preferred brand-name drug is a prescription medication that is covered by a prescription drug plan, but will cost a member more than a preferred brand-named drug. A non-preferred brand-name drug is in a higher cost formulary tier than a preferred brand-name drug.

non-renewal
The termination of the insurance contract by electing not to renew the policy at the anniversary date.


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Last updated on: 11/14/2008

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