What do these words mean?

Type a word to narrow the list.

All words are shown.

Compounded medicine

A medicine prepared to order. These medicines lack FDA approval as of September 2026.

FDA approval

FDA approval means the Food and Drug Administration (FDA) has assessed a specific product and agreed it is suitable for a named use.

Formulary

The list your insurance plan uses for covered medicines.

GLP-1 medicine

A medicine that acts like GLP-1, a hormone. A hormone is a substance that carries messages in the body. GLP-1 helps control appetite and blood sugar.

HSA or FSA

Money is set aside for medical costs through a health savings account or a flexible spending arrangement.

Letter of medical necessity

A clinician’s note explaining the medical reason for an expense. An account administrator may ask for it.

List price

The published price from the medicine’s maker, which differs from cash offers and insurance payments.

Peptide

Small parts link together into a short chain, forming a peptide, much like a string of beads. The same parts make up proteins.

Prior authorization

Advance approval from the insurance plan to cover a medicine’s cost.

Self-pay

Paying the bill yourself, without using insurance. A manufacturer self-pay offer is a cash-price programme from the medicine’s maker. As of September 2026, money spent through these offers does not count towards your plan’s deductible or yearly limit on what you pay. Before some plan benefits begin, a deductible is the amount you pay yourself.

State board of pharmacy

The state agency that licenses pharmacies and keeps their licence records.

State medical board

A state body that licenses doctors. It makes doctor licence records and records of board action against doctors public.

Telehealth

Care by video, phone or online messages, with the clinician in a different room.