Home/Glossary/Formulary ExceptionGlossary · Part DFormulary ExceptionA request to have a non-formulary drug covered, or to waive utilization management, based on medical necessity.Related TermsFormularyDrug TierStep TherapyDonut HoleCatastrophic CoverageLow-Income Subsidy (Extra Help)Creditable CoverageMedication Therapy Management (MTM)← Back to glossary index