U&C Charge definition

U&C Charge means the price the applicable Retail Pharmacy would charge a regular cash-paying customer for a Covered Drug (and any services related to the dispensing thereof) on the day on which the Covered Drug is dispensed.
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Examples of U&C Charge in a sentence

  • Usual and Customary Charge ‒ (U&C Charge) ‒ The average charge to all other customers in any quarter for the same drug, quantity, and strength.

  • For specific prescriptions for Covered Drugs, Company shall charge Client, net of any Member cost-share requirement payable for the prescription for the Covered Drug, the lesser of the Prescription Drug Charge or, as applicable, submitted U&C Charge for such Covered Drug.

  • A Member can contact Medica to request the U&C Charge in advance of a procedure.

  • Usual and Customary (U&C) Charge: The lowest price the pharmacy would charge to a particular customer if such customer were paying cash for the identical prescription drug services on the date dispensed.

  • Provided, however, that Claims for Covered Drugs at a U&C Charge shall not be included in the calculation of any Dispensing Fee guarantee, as no separate Dispensing Fee is charged for such Claims.

  • Many PBMS own their own specialty pharmacies.Usual and Customary (U&C) Charge: U&C charge is the amount a retail pharmacy will charge a patient who is not covered by a benefit plan or who chooses to self-pay for the prescription.

  • Except for purposes of determining initial eligibility, the term includes a Spouse who is widowed by the Insured Person.Usual and Customary (U&C) Charge means fees and prices generally charged within the locality where performed for Medically Necessary services and supplies required for treatment of cases of comparable severity and nature.We, Our, or Us means AXIS Insurance Company.

  • While good behaviour should be its own reward, the school has introduced a system of recognition for satisfactory behaviour.

  • Usual and Customary (U&C) Charge: the usual and customary price charged by a Pharmacy for a Prescription Drug Product dispensed to a cash paying customer.

  • Charges in excess of the U&C Charge as determined by the Claims Administrator.

Related to U&C Charge

  • Room charge means the charge imposed for the use or occupancy of a room, excluding charges for food, beverages, state use tax, telephone service, or like services paid in connection with the charge, and excluding reimbursement of the assessment imposed by this act.

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • No Charge Bid When Bids are requested on a number of Products as a Group or Lot, a Bidder desiring to Bid “no charge” on a Product in the Group or Lot must clearly indicate such. Otherwise, such Bid may be considered incomplete and be rejected, in whole or in part, at the discretion of the Commissioner.

  • Monthly Charge shall have the meaning set forth in Article 5.

  • User charge means a charge imposed on airlines for the provision of airport, air navigation, or aviation security facilities or services including related services and facilities.

  • Facility Charge means one percent (1%) of the Maximum Term Loan Amount.

  • CCAA Charges means the Administration Charge and the Directors’ Charge;

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Adviser Charge : means the fee agreed with your financial adviser in remuneration for the personal recommendation received prior to submission of an Application Form.

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • transaction charge means any amount charged to a client by a registered firm in respect of a purchase or sale of a security and includes any federal, provincial or territorial sales taxes paid on that amount;

  • Account Charge means, in relation to each of the Charged Accounts, the first priority fixed charge or pledge over all such accounts given or to be given by the relevant account holder thereof in favor of and in form and substance satisfactory to the Security Trustee.

  • Hire Charge or “Hire Charges” means the rates and charges payable by You for the hire of the Equipment.

  • Non-Cash Charges has the meaning specified in the definition of the term “Consolidated EBITDA”.

  • Track Charges means the charges payable by or on behalf of the Train Operator to Network Rail, as set out in paragraph 1 of Part 2 of Schedule 7 or under the Traction Electricity Rules;

  • Capacity Charge means a charge for public facilities in existence at the time a charge is imposed or charges for new public facilities to be acquired or constructed in the future that are of proportional benefit to the person or property being charged, including supply or capacity contracts for rights or entitlements, real property interests, and entitlements and other rights of the local agency involving capital expense relating to its use of existing or new public facilities. A “capacity charge” does not include a commodity charge.

  • Energy Charge means a charge for each kilowatt-hour (kWh) of electrical energy;

  • Additional Charge means a charge in accordance with Canon’s Current Rate; Additional Services means any service in addition to the Services to be provided by Canon under clause 21; Business Day means a day that is not a Saturday, Sunday or public holiday in the place where the Products or Services are being supplied;

  • Surrender Charge means a charge levied on the Fund Value at the time of surrender of the Policy.

  • Penalty Charge means a penalty charge which is payable by virtue of paragraph 3(1) and (2) of Schedule 3 to this Act;

  • Transition charge means a nonbypassable rate or charge to be imposed on a customer to pay

  • Rent and Charges Reserve means the aggregate of (a) all past due rent and other amounts owing by a Loan Party to any landlord, warehouseman, processor, repairman, mechanic, shipper, freight forwarder, broker or other Person who possesses any Collateral or could assert a Lien on any Collateral; and (b) a reserve equal to three months rent and other charges that could be payable to any such Person, unless it has executed a Collateral Access Agreement.

  • Administrative Charge means, with respect to any Lease, any payment (whether or not part of the fixed monthly payment) payable to the related Lessor representing a disposition fee, a late payment fee, an Extension Fee, an allocation to the related Lessee of insurance premiums, sales, personal property or excise taxes or any other similar charge.

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Legal Charge means the legal charge over the Land to be entered into by the Academy Trust in favour of the Secretary of State, in a form and substance satisfactory to the Secretary of State.

  • Access Charge has the meaning set out in Clause 6.1;