Spread pricing definition

Spread pricing means the model of prescription drug pricing in which the pharmacy benefits
Sample 1Sample 2Sample 3
Spread pricing means the model of prescription drug pricing in which a pharmacy benefit manager charges a health plan a contracted price for prescription drugs, and the contracted price for the prescription drugs differs from the amount the pharmacy benefit manager directly or indirectly pays the pharmacist or pharmacy for pharmacist services.
Sample 1Sample 2Sample 3
Spread pricing means the model of prescription drug
Sample 1Sample 2Sample 3

Examples of Spread pricing in a sentence

  • Spread pricing is the difference between what is paid out to pharmacies and what is guaranteed to plan sponsors.

  • IC Markets offers its CFDs based on a Raw Spread pricing model.IC Markets sources the basis of its prices from external Liquidity Providers which may include banks and financial institutions.

  • Under the Raw Spread pricing model, IC Markets offers tighter competitive Bid/Ask p r ices directly to our clients that would not generally otherwise be available to them.

  • Spread pricing is typically demonstrated by a PBM reimbursing a pharmacy a lower amount than the amount the pharmacy benefits plan or program (plan or program) paid the PBM, with the PBM retaining the difference.• Ensuring adequate pharmacy networks that are based on reasonably available retail pharmacies for patients without basing adequacy on mail-order pharmacies.• Prohibiting PBMs from implementing arbitrary or excessive accreditation or credentialing requirements.• Prohibiting patient steering.

  • Spread pricing is the result of two separate processes, both of which are controlled by the PBM.


More Definitions of Spread pricing

Spread pricing means the model of prescription drug pricing in which the pharmacy benefit manager charges a health benefit plan a contracted price for prescription drugs, and the contracted price for the prescription drugs differs from the amount the pharmacy benefit manager directly or indirectly pays the pharmacist or pharmacy for pharmacist services.
Sample 1Sample 2Sample 3
Spread pricing means a form of reimbursement in which the pharmacy benefits manager (PBM) retains the difference between the amount the MCO pays the PBM and the amount the PBM reimburses the pharmacy for a drug and its associated costs. Spread pricing does not include the MCO paying the PBM reasonable administrative and transactional costs for services.
Sample 1Sample 2Sample 3
Spread pricing means any amount a pharmacy benefit manager
Sample 1Sample 2Sample 3
Spread pricing means the model of prescription drug pricing in which the Pharmacy benefit manager charges a Health benefit plan a contracted price for prescription drugs although the contracted price may differ with the amount the Pharmacy benefits manager pays the Pharmacist. Spread pricing may also include an administrative fee charged to the Health benefit plan on a per prescription or per member basis.
Sample 1Sample 2Sample 3
Spread pricing means the model of prescription drug pricing in which the Pharmacy benefit manager charges a Health benefit plan a contracted price for prescription drugs although the contracted price may differ with the amount the Pharmacy benefits manager pays the Pharmacist.
Sample 1Sample 2Sample 3
Spread pricing means any amount charged or claimed by a
Sample 1Sample 2Sample 3
Spread pricing means a prescription drug pricing model
Sample 1Sample 2Sample 3