Pharmacy Billing And reimbursement Flashcards
Capitation
Paying a fixed fee per person to provide a range of health services
Paid before service
Medicaid
A federal program that is based on income and other circumstances
Network
A group of health care providers linked through a contract to provide health care services to
Its members
Plan limitations
Intended to control drug use and reduce drug costs
Prescription limitations
Maximum amount of medication that may be dispensed at one time
Drug benefit limitations
Dollar limit
A maximum amount that can be spent at one time on a prescription
Deductible
A predetermined amount of money that must be spent on prescriptions before copayment begins
Fixed copayment
A predetermined fixed or predetermined dollar amount per prescription filled
Percentage copayment
A predetermined fixed percentage of the cost of the prescription filled
Variable copayment
A variable or different payment based on the type of drug being dispensed
Pharmacy Benefit management company
Focuses on the pharmacy services provided under a health care plan