Thursday, February 25, 2010

State Maximum Allowable Cost List Survey

HCPF is developing a State Maximum Allowable Cost (State MAC) list which will become one of the pricing methodologies utilized when determining the reimbursement rate paid to pharmacies for dispensing prescription drugs to Colorado Medicaid clients. The State MAC list will be composed of specific prescription drugs that have a reimbursement rate based on the actual acquisition costs paid by pharmacies plus 18%, in accordance with the Department's rules. A survey has been developed so that the Department can obtain the prices paid by pharmacies to obtain certain prescription drugs. All pharmacies are encouraged to submit a completed survey so that each pharmacy's actual costs are taken into consideration when rates are developed for the State MAC list. The survey is available by clicking here. Please return the completed survey February 22, 2010. Please contact Kerri Coffey at kerri.coffey@state.co.us if you have any questions.