Common use of Payment of Outpatient Prescription Drug Benefits Clause in Contracts

Payment of Outpatient Prescription Drug Benefits. Benefit amounts are determined based on the Provider’s Allowable Price (PAP) for covered medications. The Provider’s Allowable Price is defined as the amount at which the participating pharmacy provider has agreed with the Plan to provide covered medications and covered maintenance prescription drugs to members covered under this Agreement.

Payment of Outpatient Prescription Drug Benefits. Benefit amounts are determined based on the Provider’s Provider’s Allowable Price (PAP) for covered medications. The Provider’s Provider’s Allowable Price is defined as the amount at which the participating pharmacy provider has agreed with the Plan to provide covered medications and covered maintenance prescription drugs to members covered under this Agreement.