The chart lists the characteristics of three different formularies. Characteristics of Three Different Formularies A 2-column table with 3 rows. Column 1 is labeled Formulary with entries A, B, C. Column 2 is labeled Characteristics with 3 entries for A, B and C each in column 1. Column 2, A, Formulary keeps a list of drugs that are cost effective; Physicians, economists, and pharmacists are part of the P & T Committee; Formulary is updated annually. Column 2, B, Formulary keeps lists of commonly prescribed drugs; The pharmacist is part of the P & T committee; Changes are typically reflected by insurance companies. Column 2, C, Formulary keeps lists of commonly prescribed drugs; Formulary keeps a list of specific drugs required for treatment of a specialty; Formulary may rely on policies for adopting new drugs. Which best lists the types of formularies described? A is a retail formulary, B is an insurance formulary, and C is a hospital formulary. A is a hospital formulary, B is a retail formulary, and C is an insurance formulary. A is a hospital formulary, B is an insurance formulary, and C is a retail formulary. A is an insurance formulary, B is a retail formulary, and C is a hospital formulary.