In most health plan pharmacy networks, the cost component of the reimbursement formula is based on the average wholesale
Posted: Fri May 05, 2023 11:03 am
In most health plan pharmacy networks, the cost component of the reimbursement formula is based on the average wholesale price (AWP). One true statement about the AWP for prescription drugs is that:
A. AWPs tend to vary widely from region to region of the United States
B. The AWP is often substantially higher than the actual price the pharmacy pays for prescription drugs
C. A health plan's contracted reimbursement to a pharmacy for prescription drugs is typically the AWP plus a percentage, such as 5%
D. The AWP usually is lower than the estimated acquisition cost (EAC) for most prescription drugs
A. AWPs tend to vary widely from region to region of the United States
B. The AWP is often substantially higher than the actual price the pharmacy pays for prescription drugs
C. A health plan's contracted reimbursement to a pharmacy for prescription drugs is typically the AWP plus a percentage, such as 5%
D. The AWP usually is lower than the estimated acquisition cost (EAC) for most prescription drugs