Spread pricing definition

Spread pricing means the model of prescription drug pricing in which the pharmacy benefits
Spread pricing means the model of prescription drug pricing in which a pharmacy benefit manager charges a health plan a contracted price for prescription drugs, and the contracted price for the prescription drugs differs from the amount the pharmacy benefit manager directly or indirectly pays the pharmacist or pharmacy for pharmacist services.
Spread pricing means the model of prescription drug

Examples of Spread pricing in a sentence

  • IC Markets offers its CFDs based on a Raw Spread pricing model.IC Markets sources the basis of its prices from external Liquidity Providers which may include banks and financial institutions.

  • Spread pricing is the term used for one of the methods for which plan payors pay PBMs for the services provided in managed prescription drug benefits.• PBMs can either be paid by administrative fees, retaining any savings incurred (or “spread pricing”), or a sharing model of rebates and fees.

  • Under the Raw Spread pricing model, IC Markets offers tighter competitive Bid/Ask p r ices directly to our clients that would not generally otherwise be available to them.

  • Spread pricing can end up costing plan sponsors millions of dollars in overcharges, as officials in Ohio, Kentucky, and other states have found after investigating the PBMs serving state-funded benefit plans.3 This critical transparency provision will ensure payers’ and patients’ health care dollars are actually going towards their care, instead of into PBMs’ pockets.

  • The Educational Service Provider will appoint an Academy wellness committee that includes parents, students, representatives of the Academy food authority, educational staff (including health and physical education teachers), school health professionals, members of the public and Academy administrators to oversee development, implementation, evaluation and periodic update of the wellness policy.


More Definitions of Spread pricing

Spread pricing means a form of reimbursement in which the pharmacy benefits manager (PBM) retains the difference between the amount the MCO pays the PBM and the amount the PBM reimburses the pharmacy for a drug and its associated costs. Spread pricing does not include the MCO paying the PBM reasonable administrative and transactional costs for services.
Spread pricing means the model of prescription drug pricing in which the Pharmacy benefit manager charges a Health benefit plan a contracted price for prescription drugs although the contracted price may differ with the amount the Pharmacy benefits manager pays the Pharmacist.
Spread pricing means any amount a pharmacy benefit manager
Spread pricing means the model of prescription drug pricing in which the Pharmacy benefit manager charges a Health benefit plan a contracted price for prescription drugs although the contracted price may differ with the amount the Pharmacy benefits manager pays the Pharmacist. Spread pricing may also include an administrative fee charged to the Health benefit plan on a per prescription or per member basis.
Spread pricing means any amount charged or claimed by a
Spread pricing means a prescription drug pricing model
Spread pricing means the practice in which a pharmacy benefit manager charges