Term: Actual Acquisition Cost Policy

Glossary Definition

Last Updated: 2005-11-28

Definition:

A drug reimbursement policy that pays pharmacies/retailers an amount equal to their acquisition cost plus a negotiated mark-up.

Related concepts 

• Calculating Costs/Expenditures for Pharmaceuticals

Related terms 

• Drug Reimbursement Policies
• 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)