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Joint Budget Committee approves March 2025 pharmacy formulary, adds biosimilars for Stelara

2898356 · April 8, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Joint Budget Committee reviewed and approved March 2025 updates to the pharmacy formulary and related medical drug recommendations, including adding multiple biosimilars to replace the brand-name drug Stelara; changes take effect around June 1.

The Joint Budget Committee reviewed and approved updates to the March 2025 pharmacy formulary and related medical drug recommendations, including the addition of several biosimilars that will replace the brand-name drug Stelara on the state formulary.

Grant Wallace, director of the Employee Benefits Division, told the committee that the formulary changes include “Yaxentik and the next 3. Those are the biosimilars for…

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