Discount cards

Two clauses seen occasionally in pharmacy contracts are the most favored nation clause and the allproducts clause. The most favored nation clause requires pharmacies to extend their lowest price or reimbursement rate to that third party. It is customary for third parties to require that the pharmacy charge the third party its U C price if it is lower than the third party s reimbursement formula price. However, having to give the third party the lowest reimbursement rate of all the other third-party rates is not customary The allproducts clause requires pharmacies to participate in all the third party s plans if it wants to participate in one plan. A pharmacy may want to choose only some of a third party s plans depending on the reimbursement rate and number of customers affected. Some states prohibit all-products clauses. These clauses became especially problematic with the advent of discount cards and more recently with the implementation of Medicare Part D. Discount cards are given or sold to people who do not have insurance coverage for prescription drugs. People who have a discount card pay a price that is determined by a reimbursement formula rather than the U C pharmacy price. As noted earlier, the reimbursement price usually is less than the pharmacy s U C price, so pharmacies receive less revenue. Some of the discount cards are administered by PBMs and other third parties, and pharmacies may prefer not to accept a third party s discount card even if they accept patients with insurance from that third party. Pharmacies... 

FACULTY/PROFESSIONAL discounts are available in the U.S. and Canada at a rate of 40% off the list price when prepaid by personal check or credit card and ordered directly from the publisher. 

Consider next some issues of motivation. An individual s preference can be inconsistent in various ways that do not imply any kind of split self. It is possible to make a person prefer A over and C over D, even if A is essentially the same option as D, and the same as C. For instance, Mr H. mows his own lawn. His neighbor s son would mow it for 8. He wouldn t mow his neighbor s same-sized lawn for 20 (Thaler 1980). The proposed explanation for this phenomenon is that people value out-of-pocket expenses differently from opportunity cost, thus creating a normatively unjustifiable presumption in favour of the status quo. Although this particular example may yield to another explanation (Section IX), many other cases certainly fit this distinction. Thus, credit card customers may be less deterred by a cash discount to non-users than by a surcharge to users, even if the two are substantively the same (Thaler 1980). If in such cases it is possible to induce preference reversal, it is not because two parts of the person have different preferences. Rather it is because the person reacts to the way in which the options are presented, and not simply to their substantive content. 

Direct claim. The plan member pays for the prescription at the pharmacy, then submits a claim form for reimbursement. This was the most common method before the use of electronic claim submissions. Discount prescription card system. Plan members are issued a card or coverage document to be presented at the pharmacy when a prescription is filled. The member pays 100% of the negotiated discormt-ed cost of the prescription. This method has become more popular with Medicare eligible patients who do not currently have prescription drug coverage, but join or purchase a card program from a third-party organizahon such as AARP or the manufacturer. 

Comments Very helpful, crazy-talking salesman sort of guy. No credit cards accepted. Discount prices. 

Channel members themselves employ discounts in various ways. Wholesalers pass on discounts to retailers just as manufacturers pass along discounts to wholesalers. Retailers may offer promotioneil discounts to consumers in the form of sweepstakes, contests, and free samples. Some stores offer quantity and cash discounts to regular customers. Even seasonal discounts may be passed tilong— for example, to reduce inventory of Halloween candy or Christmas cards. 

Based on the number of points, monthly and annual incentives will be given to the drivers. These incentives may include free gas, free toll cards, discount on car registration, discount on insurance, etc. The drivers will be informed about the incentives through short messaging service (SMS) messages ore-mail, for example, Congratulations, You have no speeding points this month, please collect your ticket onUne from this website, www.xyz.com. ... 

An example of the assembly complexity matrix is the Assembly Report Card created by IBM-Austin.This complexity matrix has 10 factors that range in points from 0 to 35.The total points can affect the prices from a 30 percent discount to a 30 percent penalty. Table 19.13 Ulnstrates this assembly complexity matrix trade-offs with design points. 

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