Generic Dispensing Rate definition

Generic Dispensing Rate or “GDR” means the average rate at which Generic Drugs are dispensed by a Company location and shall be calculated in the aggregate for all applicable Claims (inclusive of Usual and Customary), as outlined below, across all Company locations. GDR = Generic Claims/Total Claims with all Claims measured as a Claim regardless of days supply.
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Generic Dispensing Rate or “GDR” means the average rate at which Generic Drugs are dispensed by a Company location and shall be calculated in the aggregate for all applicable Claims (inclusive of U&C Claims), as outlined below, across all Company locations.
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Examples of Generic Dispensing Rate in a sentence

  • Generic Dispensing Rate (GDR) shall be defined as the number of generic prescriptions dispensed divided by the total number of prescriptions dispensed (brand and generic) on an annual basis.

  • If Medco fails to achieve the applicable Target Generic Dispensing Rate in any Contract Year during the Initial Term, Medco will provide SPONSOR with a credit against future ▇▇▇▇▇▇▇▇ to SPONSOR for such "Generic Dispensing Rate Shortfall" under the Program on a dollar for dollar basis.

  • Generic Dispensing Rate uarantee will be offered on a Participating Group-specific basis, a new Participating Group must complete one full year with PBM before receiving a Guarantee.

  • Medco will guarantee a Retail and Mail Generic Dispensing Rate for the Initial Term of the Agreement as follows: Retail GDR Contract Year 1 Contract Year 2 Contract Year 3 Within 90 days after the end of each Contract Year, Medco will calculate and report the actual Generic Dispensing Rates under the Mail Order and Retail Pharmacy Programs.

  • MAIL January 1, 2021 – December 31, 2021: RETAIL January 1, 2021 – December 31, 2021: 8 The State acknowledges and agrees the Generic Dispensing Rate (“GDR”) guarantees are dollar for dollar with a maximum amount at risk of for mail for retail, combined, reconciled by component.