Examples of Formula in a sentence
Formula for Supplemental Rebate calculation: WAC- CMS Rebate - Guaranteed Net Price = Supplemental Rebate per Unit MDDB Last Day WAC: WAC used shall be the last listed rate in the current quarter from drug information database files such as Medispan.
Levels 1-3 - Step-care will not be used to influence the preferred prescribing choices of physicians in these levels - The preferred brand level or tier number represents the number of preferred drugs in that PDL category Level 4 - Step-care will not be used to influence the preferred prescribing choices of physicians in this level - Your drug will be one of four or more drugs in that PDL category 2 - Formula 1: Percentage of WAC.
Formula is as follows: Current Index – Base Index / Base Index = % of Change % of Change x 100 = Percentage Change CPI-U Calculation Example: CPI for current period 232.945 Less CPI for base period 229.815 Equals index point change 3.130 Divided by base period CPI 229.815 Equals 0.0136 Result multiplied by 100 0.0136 x 100 Equals percent change 1.4% A price increase may be requested only at each time interval specified above, using the methodology outlined in this section.
Formula for Supplemental Rebate calculation: WAC * % of WAC = Supplemental Rebate per Unit Formula 2: Guaranteed Net Price.