Term: Drug Reimbursement Policies

Glossary Definition

Last Updated: 2003-11-01

Definition:

The mechanisms used to reimburse pharmacies for products dispensed. Two commonly used drug reimbursement policies include: Maximum Allowable Cost pricing and Actual Acquisition Cost. These policies differ across provinces.

Related terms 

• Actual Acquisition Cost Policy
• Maximum Allowable Cost Policy

References 

• Morgan SG, Kozyrskyj A, Metge C, Roos NP. Pharmaceuticals: Therapeutic interchange and pricing policies. Winnipeg, MB: Manitoba Centre for Health Policy, 2003. [Report] [Summary] (View)
• Sketris IS, Metge C, Shevchuk Y, Comeau DG, Kephart GC, Blackburn J, MacCara M, Laturnas A. Comparison of anti-infective drug use in elderly persons in Manitoba, Nova Scotia, and Saskatchewan, Canada: relationship to drug insurance reimbursement policies. Am J Geriatr Pharmacother 2004;2(1):24-35. [Abstract] (View)