Maximum allowable cost definition

Maximum allowable cost means the maximum amount that a pharmacy benefit manager will reimburse a pharmacy for the cost of a drug.
Maximum allowable cost or "MAC" means the list of drug
Maximum allowable cost means the maximum amount that a

Examples of Maximum allowable cost in a sentence

  • This ratios is approximately what we have been assuming in past sample redesign work, an indication that the current number of sample PSUs may be about right.However, the data in Table 6 by itself is not enough to determine the optimal allocation of the number of PSUs versus the number of establishments.

  • Maximum allowable cost per individual tree or palm is $500, which can be split between grant and match for purchase and planting.

  • Maximum allowable cost lists for pharmaceuticals - Pharmacy benefits managers - Penalty.

  • Insurer and pharmacy benefit management services -- Registration-- Maximum allowable cost -- Audit restrictions.

  • Maximum allowable cost (MAC) is the maximum amount that a PBM will reimburse a pharmacy for the cost of a drug.


More Definitions of Maximum allowable cost

Maximum allowable cost means the per unit amount that a pharmacy benefits
Maximum allowable cost means the per unit drug product
Maximum allowable cost means the maximum amount that a pharmacy benefit manager will reimburse a network pharmacy for the ingredient cost for a generic drug.
Maximum allowable cost means the maximum amount that a pharmacy benefits
Maximum allowable cost means the per unit amount that a pharmacy benefits manager reimburses a pharmacist for a prescription drug, excluding dispensing fees and copayments, coinsurance, or other cost-sharing charges, if any.
Maximum allowable cost means the maximum amount a health insurer will pay for a generic drug or brand-name drug that has at least one generic alternative available.
Maximum allowable cost or "MAC" means the maximum amount that a pharmacy