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Advancing health equity through medication formulary policy
John W Morgan1, Janetta Emmelhainz, Chethan Bachireddy
1Virginia Commonwealth University, 417 N 11th St, Richmond, VA 23219.
Achieving health equity requires improving medication access through pharmacoequity. Optimizing medication formularies by refining clinical criteria, prescription processes, and patient access policies is crucial for equitable healthcare.
Area of Science:
- Health Services Research
- Health Equity
- Pharmaceutical Policy
Background:
- Growing awareness of health disparities in the US.
- Equitable medication access (pharmacoequity) is essential for equitable healthcare.
- Medication formularies significantly impact medication access.
Purpose of the Study:
- To identify critical formulary design elements that influence medication access.
- To explore strategies for refining formulary policies to promote pharmacoequity.
- To emphasize the importance of addressing disparities in medication access for vulnerable populations.
Main Methods:
- Analysis of key formulary design elements: clinical criteria, prescription processes, and patient access policies.
- Identification of specific refinements to enhance equitable medication access.
- Focus on optimizing factors like prior authorization, cost, and convenience.
Main Results:
- Refinements in formulary design can improve equitable medication access.
- Addressing behavioral determinants and streamlining processes are key.
- Optimizing access to treatments for disproportionately affected conditions is critical.
Conclusions:
- Policy makers must prioritize pharmacoequity in formulary design.
- Strategies include educating leadership, investing in patient data, and community engagement.
- Changes in formulary policy are vital for advancing health equity.
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