A group of physicians, pharmacists, and other health care providers from different specialties, who advise a managed care plan regarding safe and effective use of medications. The P&T Committee manages the formulary and acts as the organizational line of communication between the medical and pharmacy components of the health plan.
Committee charged with developing a formulary, reviewing changes to that formulary, and reviewing abnormal prescription utilization patterns by providers.
An independent committee of health care practitioners whose purpose is to evaluate the relative safety, efficacy, and effectiveness of drugs within a class of prescription drugs and make formulary recommendations accordingly. Part D drug plans that use formularies must establish a P&T committee meeting certain standards.