Manufacturer Payments definition

Manufacturer Payments means any or all compensation or remuneration Medco receives from a pharmaceutical manufacturer, including but not limited to, rebates, regardless of how categorized, market share incentives, commissions, mail service purchase discounts, and administrative or management fees. It also includes any fees received for sales of utilization data to a pharmaceutical manufacturer. It does not include purchase discounts based upon invoiced purchase terms. For purposes of Medco’s “Manufacturer Payment Reports” provided to Client Plans hereunder, all “Manufacturer Payments” received by Medco fit into one of two categories defined herein, namely, “Manufacturer Formulary Payments” or “Manufacturer Additional Payments.”
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Manufacturer Payments means any or all compensation or remuneration Medco
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Manufacturer Payments means any compensation or remuneration Caremark and its corporate affiliates receive from or on behalf of a pharmaceutical manufacturer, including but not limited to, rebates, regardless of how categorized, market share incentives, commissions, fees under products and services agreements, any fees received for sales of utilization data to a pharmaceutical manufacturer, and administrative or management fees. It does not include purchase discounts based upon invoiced purchase terms. For purposes of any “Manufacturer Payment Reports” that may be provided to Client Plans hereunder, all “Manufacturer Payments” received by Caremark and its affiliates fit into one of two categories defined herein, namely, “Manufacturer Formulary Payments” or “Manufacturer Additional Payments.”
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Examples of Manufacturer Payments in a sentence

  • With respect to each Client Plan that has contracted to receive (directly or by credit) any Manufacturer Payments from Medco, for each Medco Fiscal Year during which the Client Plan receives any such Manufacturer Payments, Medco shall provide those Client Plans, for each Medco fiscal quarter and year, a Manufacturer Payments Report.

  • Manufacturer Payments are any and all compensation, financial benefits, or remuneration the PBM receives from a pharmaceutical manufacturer, including but not limited to, discounts; credits; rebates, regardless of how categorized; market share incentives, chargebacks, commissions, and administrative or management fees.

  • Manufacturer Payments............................................................

  • Manufacturer Payments; Sales Proceeds......................................................

  • Manufacturer Payments........................................................

  • Deadlines are generally expressed in terms of calendar days unless otherwise noted.

  • The right to audit Manufacturer Payments extends to any and all agreements with pharmaceutical manufacturer(s) based on the definition of Manufacturer Payments.

  • They are paying the net price.”59 In other words, under the pricing scheme, PBMs and manufacturers can make a drug with a lower list price effectively more expensive for payors and then ostensibly save payors from that artificially-inflated price by giving preference to drugs that had higher list prices to begin with (yielding higher Manufacturer Payments to the PBMs).

  • This includes but is not limited to Rebate agreements and other types of agreements that may require the Airports Authority to enroll in certain programs in order to be eligible to receive Manufacturer Payments.

  • Section 1.28(a)(2) of the Contract states, in part: “The PBM agrees to provide pass- through transparent pricing based on the PBM's cost for drugs (as described below).” Immediately following this general statement are three, more detailed subsections explaining what this means in terms of retail pharmacy claims, mail pharmacy claims, and Manufacturer Payments allocable to the Carrier.


More Definitions of Manufacturer Payments

Manufacturer Payments means any and all compensation, financial benefits, or remuneration the PBM or any third party receives from a pharmaceutical manufacturer for any dispensing or distribution channel, including but not limited to, discounts, credits, rebates (regardless of how categorized), market share incentives, chargebacks, commissions, administrative or management fees, patient assistance and any fees received for sales of utilization data to a pharmaceutical manufacturer.
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Related to Manufacturer Payments

  • Motor vehicle manufacturer means a person that:

  • Technical Support Services means the technical support and maintenance Services provided by us according to our then-current technical support policy and procedure listed at xxxxxxxxxxxxx.xxx (“Technical Support Policy”) when the Services are purchased.

  • Manufacturer means the person or body who is responsible to the approval authority for all aspects of the type approval process and for ensuring conformity of production. It is not essential that the person or body is directly involved in all stage of the construction of the vehicle, system, component or separate technical unit which is the subject of the approval process.

  • Engine Manufacturer means CFM International, Inc.

  • Satellite Manufacturer means, with respect to any Satellite, the prime contractor and manufacturer of such Satellite.

  • Medical Child Support Order means any judgment, decree or order (including approval of a domestic relations settlement agreement) issued by a court of competent jurisdiction that:

  • Technical Support means the technical assistance for attempting resolution of a reported Case through error correction, patches, hot fixes, workarounds, replacement deliveries, or any other type of Product corrections or modifications.

  • Participating manufacturer means that term as defined in the master settlement agreement.

  • Certified pharmacy technician or “certified technician” means an individual who holds a valid current national certification and who has registered with the board as a certified pharmacy technician.

  • MANUFACTURERS means M/s and shall include their legal representatives, successors, and assigns.

  • Contract Manufacturer means a company that produces goods under contract for another company under the label or brand name of that company.

  • Tobacco product manufacturer means an entity that after the date of enactment of this Act directly (and not exclusively through any affiliate):

  • Qualified Medical Child Support Order means a Medical Child Support Order which creates (including assignment of rights) or recognizes an Alternate Recipient's right to receive benefits to which a Participant or Qualified Beneficiary is eligible under this Plan, and has been determined by the Plan Administrator to meet the qualification requirements as outlined under “Procedures” of this provision.

  • Original equipment manufacturer means a company that manufactures products that it has designed from purchased components and sells those products under the company's brand name.

  • Pharmacy technician or “technician” means a person who is employed in Iowa by a licensed pharmacy under the responsibility of an Iowa-licensed pharmacist to assist in the technical functions of the practice of pharmacy, and who is registered pursuant to 657—Chapter 3, and includes a certified pharmacy technician, a pharmacy technician trainee, and an uncertified pharmacy technician.

  • Class Licence Allowance Gross All-Purpose Wage A" Class Licence per week per hour 1 945.50 69.45 1,014.95 26.7092 2 989.15 69.45 1,058.60 27.8579 3 1,032.80 69.45 1,102.25 29.0066 4 1,076.45 69.45 1,145.90 30.1553 5 1,120.10 69.45 34.05 1,223.60 32.2000 50.60 1,274.20 33.5317 6 1,163.75 69.45 34.05 1,267.25 33.3487 50.60 1,317.85 34.6804 7 1,251.05 69.45 34.05 1,354.55 35.6461 50.60 1,405.15 36.9778 8 1,338.35 69.45 34.05 1,441.85 37.9434 50.60 1,492.45 39.2751 9 1,382.00 69.45 34.05 1,485.50 39.0921 50.60 1,536.10 40.4238 10 1,512.95 69.45 34.05 1,616.45 42.5382 50.60 1,667.05 43.8699

  • Major medical equipment means medical equipment which is used for the provision of medical and other health services and which costs in excess of the capital expenditure minimum, except that such term does not include medical equipment acquired by or on behalf of a clinical laboratory to provide clinical laboratory services if the clinical laboratory is independent of a physician's office and a hospital and it has been determined under Title XVIII of the Social Security Act to meet the requirements of paragraphs (10) and (11) of Section 1861(s) of such Act. In determining whether medical equipment has a value in excess of the capital expenditure minimum, the value of studies, surveys, designs, plans, working drawings, specifications, and other activities essential to the acquisition of such equipment shall be included.

  • Adjustable Product Data means the Adjustable Product Data as specified in § 1 of the Product and Underlying Data.

  • Manufacturing Services means the manufacturing, quality control, quality assurance, stability testing, packaging, and related services, as set forth in this Agreement, required to manufacture Product or Products using the Active Materials, Components, and Xxxx Back Items;

  • Contracted Services means covered services that are to be provided by the Contractor under the terms of this Contract.

  • Contract carrier means any person who, under special and individual contracts or agreements, and

  • Least developed country construction material means a construction material that—

  • Child support services means any civil, criminal or administrative action taken by the Division of

  • Breath Alcohol Technician (BAT) means an individual who instructs and assists individuals in the alcohol testing process and who operates the EBT.

  • maximum content of non-originating materials means the maximum content of non-originating materials which is permitted in order to consider a manufacture to be working or processing sufficient to confer originating status on the product. It may be expressed as a percentage of the ex-works price of the product or as a percentage of the net weight of these materials used falling under a specified group of chapters, chapter, heading or subheading;

  • Original manufacturer means the original component manufacturer, the original equipment manufacturer, or the contract manufacturer.