Ingredient Cost definition

Ingredient Cost means the portion of the total medicaid payment amount attributable to the cost of the drug product, or in the case of a compound drug, the sum of the cost of the ingredients that are covered in accordance with rule 5160-9-03 of the Administrative Code.

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Ingredient Cost means the component of Prescription Drug Compensation associated with the reimbursement of the Covered Medication dispensed.

Ingredient Cost means the negotiated rate (e.g., discount of AWP or MAC) for a prescription drug dispensed by a Network Participant and which, when combined with the applicable Dispensing Fee, constitutes the full amount payable for the given prescription drug and the professional service of dispensing such drug.

Examples of Ingredient Cost in a sentence

• X X X X X 9 N 66 Ingredient Cost The cost of the ingredients included in the prescription.

• The Supplier will pay a retrospective rebate to the Board, calculated as the difference between the total amount of spend (Gross Ingredient Cost) on the Drug and the total cost of the Drug at the PAS Price.

• APPENDIX B NON-BIND▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇URING SITE PURSUANT TO CLAUSE 5.1 Product Nr. Active Ingredient Cost per 1,000 tabl/caps unless otherwise indicated (in U.S. $) ----------- ----------------- ------------------------------------ * * * * Confidential information has been omitted and filed confidentially with the Securities and Exchange Commission.

• The methodology used to calculate the Ingredient Cost, which shall equal the lowest of the following: submitted Usual and Customary Price or U&C, AWP Discount (and/or alternative metrics such as MAC, WAC, NADAC, AAC, etc.) + Dispensing Fee, and if allows, submitted Ingredient Cost + Dispensing Fee.

• For purposes of this Section 5.4(e), having the same economic equivalence in the aggregate to the value used by the Parties prior to the AWP Change means that the relevant financial terms, including, but not limited to, the Ingredient Cost Charge of a particular drug will be the same under any new methodology as it was immediately before the AWP Change.

More Definitions of Ingredient Cost

Ingredient Cost means the ingredient cost amount charged to Group for each Claim subject to the provision set forth in section IV.

Ingredient Cost means the price a provider has agreed to accept for a prescription drug, excluding

Ingredient Cost means the portion of a Claim's cost attributed to the actual Covered Drug, after application of any Claim Adjudication Rate or MAC or Specialty Drug discount, and excluding dispensing fees, ancillary fees, taxes, Copayment, and administration fees using the lesser of logic.

Ingredient Cost means the amount required to be paid to a Network Participant for a prescription drug and which, when combined with the applicable Dispensing Fee, constitutes the full amount payable to such Network Participant for the given prescription drug and the professional service of dispensing such drug.

Ingredient Cost means the actual amount paid to a

Ingredient Cost means the amount Contractor pays to the pharmacy on behalf of the Board, less any and all income streams, to reflect complete financial transparency as defined in the RFP.

Ingredient Cost means the portion of a prescription's cost attributable to the drug ingredients, chemical components, and/or substances.