Maximum Reimbursement Amount definition

Maximum Reimbursement Amount means the maximum reimbursement amount for a therapeutically and pharmaceutically equivalent multiple-source prescription drug that is listed in the most recent edition of the publication entitled “Approved Drug Products with Therapeutic Equivalence Evaluations”, published by the United States food and drug administration, otherwise known as the orange book.
Maximum Reimbursement Amount means, subject to adjustment as provided herein,
Maximum Reimbursement Amount or “MRA” means the maximum unit ingredient cost payable by Sponsor for a drug on the MAC List based on maximum reimbursement payment schedule(s) developed or selected by ESI. The application of MRA pricing may be subject to certain “dispensed as written” (DAW) protocols and Sponsor defined plan design and coverage policies.

Examples of Maximum Reimbursement Amount in a sentence

  • Subject to the terms and conditions of this Contract, the City shall reimburse Grantee a sum not to exceed the Maximum Reimbursement Amount (stated in the Basic Provisions) for undertaking the Project.

  • Maximum Reimbursement Amount Eligible Employees enrolled in the Health Plan may be eligible for reimbursement of qualified medical in-network deductible expenses.

  • Subject to the terms and conditions of this Contract, the City shall reimburse the Contractor a sum not to exceed the Maximum Reimbursement Amount (stated in the Basic Provisions) for undertaking the Project.

  • The Agency does not guarantee that the Company will be paid the full Maximum Reimbursement Amount.

  • Despite anything in this Agreement to the contrary, the Agency has no obligation to pay any more than the Maximum Reimbursement Amount.


More Definitions of Maximum Reimbursement Amount

Maximum Reimbursement Amount means the lesser of the Estimated Cost, as may be amended from time to time, or the amount of Reimbursable Costs that is calculated during the Final Accounting (as defined below).
Maximum Reimbursement Amount means the maximum amount that the City will reimburse the Agency for Costs incurred in connection with the Project, which is fifteen thousand dollars ($15,000).
Maximum Reimbursement Amount means the sum of the Reimbursable Costs for the Interchange, not to exceed $14,000,000.00, plus one hundred percent (100%) of the Reimbursable Costs for the Auxiliary Lanes.
Maximum Reimbursement Amount or “MRA” is the price charged to WellPoint for a prescription drug product on PBM’s MAC List.
Maximum Reimbursement Amount means the maximum
Maximum Reimbursement Amount for the County shall mean an amount of no more than Ten Million Five Hundred Sixty-eight Thousand Dollars ($10,568,000)of the County’s Tax Increment which shall be deposited in the Tax Increment Fund during the term of the TIF District and used for Project Specific Categories and financing costs eligible for County participation as shown in the Project Plan and as more specifically described in Exhibit “A”.
Maximum Reimbursement Amount has the meaning set forth in Section 2.04(b).