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Pharmacy Reimbursement and Manufacturer Rebate Formulas (Part 2). less.
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Pharmacy Reimbursement and Manufacturer Rebate Formulas (Part 2) less AWP = Average Wholesale Price, FUL = Federal Upper Limit, (F)MAC = (Federal) Maximum Allowable Cost, SMAC = State Maximum AllowableCost, EAC = Estimated Actual Cost, WAC = Wholesale Acquisition Cost, URA = Unit Rebate Amount, U&C = Usual and Customary Reductions. Notes: Data for Maine and Michigan are from 2002. 2 Pennsylvania has a slightly different formula from Medicaid for calculating the CPI adjustment.