One Reason That an Health Plan Would Want to Use

question 90

Multiple Choice

One reason that an health plan would want to use the actual acquisition cost (AAC) pricing system to calculate its drug costs is that, of the systems commonly used to calculate drug costs, the AAC system

• A) Provides the lowest level of cost for the health plan
• B) Most closely represents what pharmacies are actually charged for prescription drugs
• C) Offers the best control over multiple-source pharmaceutical products
• D) Is the least expensive pricing system for the health plan to implement

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Definitions:

Selling Agents

Intermediaries who represent either the buyer or seller on a permanent basis, unlike brokers who represent clients on a deal-by-deal basis.

Marketing Function

The activities and roles involved in identifying and meeting the needs and wants of customers through the creation and exchange of products and values.

Entire

Whole, complete, or having all the parts or elements.

Food Broker

An intermediary between food producers or manufacturers and retailers, responsible for negotiating sales, representing products, and sometimes managing product promotion.