Negotiating Rebates Sample Clauses

Negotiating Rebates. On its own behalf, BCBSNC or its designee have entered into, and may in the future, enter into arrangements with companies under which a portion of prescription drug charges are rebated. Pharmaceutical Rebates may be associated with drug claims processed under the Group Health Plan’s pharmacy or, if applicable, medical benefit. These rebate amounts vary, and may change during the year, based upon the status of a drug in BCBSNC’s prescription drug formulary, drug utilization, benefit coverage, unexpected Generic launches, and other factors. Plan Sponsor retains sole and complete control to (i) select and change the Formularies for its Plan, and (ii) determine and amend all benefit structures and terms under its Group Health Plan. In addition, pharmacy management vendors may receive administrative reimbursement or fees directly from BCBSNC or drug or other companies for services they provide to BCBSNC and those companies. As compensation for costs and services provided in connection with pharmacy benefit management and other services provided under this Agreement, BCBSNC will retain 100% of the rebates it receives from its pharmacy management vendor(s) related to Group Health Plan’s prescription drug utilization. DRAFT On an annual basis, after BCBSNC has received rebate payment and a reconciliation report from the pharmacy management vendor(s), BCBSNC will calculate upon request the “Average Rebate” amount, and make this information available to the Group Health Plan. The Average Rebate will be calculated taking the average of the rebate amount received per Eligible Prescription Drug Claim based on the aggregate of such amounts received by BCBSNC from pharmacy management vendor(s) for BCBSNC administered ASO health plans participating in such arrangements and for BCBSNC insured business. For the purpose of ERISA reporting, BCBSNC’s compensation received under this section shall be calculated as the average rebate per Eligible Prescription Drug Claim (determined as described in the above paragraph) multiplied by the number of Eligible Prescription Drug Claims.
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Related to Negotiating Rebates

  • Negotiating Teams The Board, or designated representatives appointed to serve on its team, will meet with representatives designated by the Association for the purpose of establishing procedures for negotiating and reaching mutually satisfactory agreements. Each party's negotiating team shall consist of not more than five members.

  • Negotiating Team ‌ The Association shall be allowed the following maximum number of paid employees from each facility as a member of the Negotiating Team with the Agency assuming no overtime obligations as a result of employees’ attendance at such meetings:  SACU: one (1) per house and one (1) Outreach Nurse  Xxxxxxxxx Cottage: one (1) At the discretion of the Association, a reasonable number of unpaid employees may attend negotiation sessions as observers. Consultants may be employed by either party.

  • Negotiators 1. Each party may be represented at all negotiations by a maximum of seven (7) negotiators of the parties’ choice. Either party may also have an observer in attendance.

  • Negotiation Teams Neither party in any negotiations shall have any control over the selection of the bargaining representatives of the other party. The parties mutually pledge that their representatives will be clothed with all necessary authority and power to make proposals, counterproposals and to reach tentative agreement on items being negotiated. The parties realize the Agreement shall only be effective subject to the ratification of the BTU-ESP and the School Board. The Negotiation/Labor Management team shall consist of no more than six

  • Settlement of Disputes between the Contracting Parties 1. Disputes between the Contracting Parties concerning the interpretation or application of this Agreement should, if possible, be settled through diplomatic channels.

  • Central Negotiating Team In central bargaining between the Ontario Nurses' Association and the Participating Hospitals, a nurse serving on the Union's Central Negotiating Team shall be paid for time lost from the nurse's regularly scheduled straight time working hours at her or his regular rate of pay, and without loss of leave credits, for attending central negotiating meetings with the Hospitals' Central Negotiating Committee up to, but not including, arbitration. Central Negotiating Team members shall receive unpaid time off for the purpose of preparation for negotiations. The Union will advise the Hospitals concerned, as far in advance as possible, of the dates for which leave is being requested. Upon reference to arbitration, the Central Negotiating Team members shall receive unpaid time off for the purpose of attending arbitration hearings.

  • NEGOTIATING PROCEDURE The Board agrees to make available to the Association when available to the Board information concerning the financial resources of the District, including but not limited to: annual financial reports and audits; register of Certificated personnel; tentative budgetary requirements and allocations; agendas and minutes of Board meetings; census data; names and addresses of all certificated employees; and public information available to the Board that will assist the Association in developing intelligent, accurate, informed, and constructive programs on behalf of certificated employees and their students. The District and the Association agree to meet prior to the setting of the district budget for the ensuing year in order to provide the Association with an opportunity to provide input on budgeting priorities.

  • Negotiating Committee The Hospital agrees to recognize a Negotiating Committee comprised of representatives of the Association for the purpose of negotiating a renewal agreement. The number of nurses on the Negotiating Committee is set out in the Appendix of Local Provisions. The Hospital agrees to pay members of the Negotiating Committee for time spent during regular working hours in negotiations with the Hospital for a renewal agreement up to, but not including, arbitration.

  • Disputes between the Contracting Parties 1. Any dispute between the Contracting Parties concerning the interpretation or application of this Agreement shall, as far as possible, be settled through negotiation.

  • YOUR BILLING RIGHTS - KEEP THIS NOTICE FOR FUTURE USE This notice tells you about your rights and our responsibilities under the Fair Credit Billing Act.

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