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Drug Costs

How to Read a Medicare Drug Formulary in Florida: A Step-by-Step Guide

Medicare drug formularies are complex documents that determine what you pay at the pharmacy. Here's how to read yours, understand tier structures, and find the best coverage for your medications.

Jill Syfrett·February 3, 2026·6 min read

This article is currently being finalized. Check back soon for the full formulary guide.

What This Article Will Cover

  • What a formulary is and why it matters
  • The 5-tier drug formulary structure explained
  • How to look up your specific medications on a plan's formulary
  • Quantity limits, step therapy, and prior authorization requirements
  • What to do if your drug is not on the formulary
  • How to request a formulary exception
  • Using GoodRx vs. Medicare: when it makes sense to go outside your plan

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