AHIP Exam AHM-530 Topic 2 Question 93 Discussion

Actual exam question for AHIP's AHM-530 exam

Question #: 93
Topic #: 2

In most health plan pharmacy networks, the cost component of the reimbursement formula is based on the average wholesale price (AWP). One true statement about the AWP for prescription drugs is that

AAWPs tend to vary widely from region to region of the United States

BThe AWP is often substantially higher than the actual price the pharmacy pays for prescription drugs

CA health plan's contracted reimbursement to a pharmacy for prescription drugs is typically the AWP plus a percentage, such as 5%

DThe AWP usually is lower than the estimated acquisition cost (EAC) for most prescription drugs

Show Suggested Answer

Suggested Answer: D

by Aimee at Jul 16, 2024, 04:49 PM

Limited Time Offer

25%

Off

Get Premium AHM-530 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Marvel

1 months ago

I heard the AWP stands for 'Always Way Pricey.' Guess that explains why pharmacists can afford those fancy white coats.

upvoted 0 times

...

Merlyn

2 months ago

Varying AWPs across regions? That's like a pharmacy version of the 'price is right' - spin the wheel and see what you get!

upvoted 0 times

Isaac

12 days ago

C) A health plan's contracted reimbursement to a pharmacy for prescription drugs is typically the AWP plus a percentage, such as 5%

upvoted 0 times

...

Olene

14 days ago

B) The AWP is often substantially higher than the actual price the pharmacy pays for prescription drugs

upvoted 0 times

...

Buddy

15 days ago

C) A health plan's contracted reimbursement to a pharmacy for prescription drugs is typically the AWP plus a percentage, such as 5%

upvoted 0 times

...

Aliza

19 days ago

A) AWPs tend to vary widely from region to region of the United States

upvoted 0 times

...

Merlyn

24 days ago

B) The AWP is often substantially higher than the actual price the pharmacy pays for prescription drugs

upvoted 0 times

...

Talia

25 days ago

A) AWPs tend to vary widely from region to region of the United States

upvoted 0 times

...

Estrella

2 months ago

Ah, the old AWP game. Health plans are really getting the short end of the stick on this one. Gotta love those 5% markups!

upvoted 0 times

...

Apolonia

2 months ago

I'm pretty sure the AWP is lower than the EAC for most drugs. Pharmacies must be raking it in with those inflated prices.

upvoted 0 times

Nana

5 days ago

C) A health plan's contracted reimbursement to a pharmacy for prescription drugs is typically the AWP plus a percentage, such as 5%

upvoted 0 times

...

Clement

11 days ago

B) The AWP is often substantially higher than the actual price the pharmacy pays for prescription drugs

upvoted 0 times

...

Tiera

25 days ago

A) AWPs tend to vary widely from region to region of the United States

upvoted 0 times

...

Lorean

2 months ago

The AWP is definitely higher than the actual price the pharmacy pays. That's how they make their profit margins!

upvoted 0 times

Joanne

1 months ago

User 2

upvoted 0 times

...

Tonette

1 months ago

User 1

upvoted 0 times

...

Dallas

2 months ago

I'm not sure, but I think it's C

upvoted 0 times

...

Gail

2 months ago

I agree with Jess, the AWP is often higher than the actual price

upvoted 0 times

...

Jess

2 months ago

I think the answer is B

upvoted 0 times

...