N.Y. Comp. Codes R. & Regs. tit. 18, § 511.11
This section describes the utilization threshold that the department has established for pharmacy services. Beginning July 1, 1992, the department will pay for up to 28 pharmacy service formulary codes in a benefit year for MA recipients described in section 360-3.3(a)(1) or (b)(7) of this Title. Beginning September 1, 1992, the department will pay for up to 40 pharmacy service formulary codes in a benefit year for MA recipients described in section 360-3.3(a)(2)-(6), (b)(1)-(6) or (8) of this Title. As used in this section, a formulary code is defined as follows: