PMPY definition

PMPY means per Participant per year.
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Examples of PMPY in a sentence

  • Calculate an annualized value for each beneficiary so that each beneficiary has a per member per year (PMPY) expenditure value for comparison purposes.

  • Calculate an annualized value from the total expenditures captured in Step 2 for each beneficiary so that each beneficiary has a per member per year (PMPY) expenditure value for comparison purposes.

  • The total amount at risk for the Ongoing – Operational Performance Guarantees set forth in Table 2 below shall be $4.00 PMPY.

  • The cost of pharmacy including prescriptions PMPY and generic prescribing rate by each physician.

  • Ongoing - Operational Performance Guarantees – Total Amount at Risk $4.00 PMPY Claims Processing: Turnaround Time for Member- Submitted Claims ‒ Intervention Required Member Submitted Claims with issues or requiring intervention shall be processed within (10) Business Days.

  • PBM will provide a Plan Program Credit in the amount of $2.00 PMPY for Contract Year 2 and Contract Year 3.