Mercer Short Duration Fixed Income Fund Class Y-3 · NASDAQ:MSDYX

Mercer Short Duration Fixed Income Fund Class Y-3 — Mercer — CA MAIC Webinar (September 2020)

11 slides from Mercer Short Duration Fixed Income Fund Class Y-3's conference presentation, Sep 16, 2020

  1. Slide 1: Medi-Cal Rx: Maximum Allowable Ingredient Cost Survey

    Medi-Cal Rx Topic: Maximum Allowable Ingredient Cost Survey September 16, 2020 1

  2. Slide 2: Agenda

    Agenda  Welcome and Introductions  Background  Maximum Allowable Ingredient Cost (MAIC) Survey  Questions & Answers 2

  3. Slide 3: Background

    Background Effective January 1, 2021, DHCS is carving out the Medi-Cal pharmacy benefit from managed care plans and transitioning to a fee-for-service (FFS) program. The standard basis of payment for FFS pharmacy benefit will be the lowest of:  The National Drug Acquisition Cost (NADAC), or the Who

  4. Slide 4: MAIC Survey

    MAIC Survey Why  A prescription drug purchase price survey will establish MAIC reimbursement rates for multisource generic drugs. Who  A statistically valid sample of Medi-Cal participating outpatient pharmacies will be surveyed. How  Mercer will: – Administer MAIC survey. – Conduct statistical a

  5. Slide 5: MAIC Survey: When and How

    MAIC Survey When  The survey collection period is: October 1-13 How  Mercer’s survey email box: CAMAICsurvey@mercer.com 5

  6. Slide 6: MAIC Survey: Purpose

    MAIC Survey: Purpose  Establish and maintain an MAIC program for multisource generic drug products encouraging efficient purchasing while being responsive to drug pricing fluctuations.  MAIC survey results will be used to establish and adjust California MAIC rates to reflect the current marketplac

  7. Slide 7: MAIC Survey: Notification Process

    MAIC Survey: Notification Process  The MAIC survey will be sent to a statistically valid sample of California pharmacies enrolled in the Medi-Cal program: – If you do not receive a notification, you do not need to take any action for the MAIC survey.  Chain pharmacy owners with more than one locat

  8. Slide 8: MAIC Survey: Frequency

    MAIC Survey: Frequency The MAIC survey will occur on a quarterly frequency  A new representative survey sample of Medi-Cal enrolled pharmacies will be used each quarter.  Each pharmacy location should be surveyed no more than once every two years. The surveys are based on unique NPIs. For chain p

  9. Slide 9: Electronic Invoice Submission Process

    Electronic Invoice Submission Process  September 2020 drug purchase invoice information must be submitted in Excel (xls) format with the fields listed and titled, in this order: – Pharmacy National Provider Identifier (NPI) – Purchase Date – National Drug Code (NDC) – Item Description – Package Siz

  10. Slide 10: Excel Sample

    BHCS Excel Sample NPI (10 digits) NDC Item Description Package Size Net Quantity Filled Extended Price Purchase (11 digits, no (Drug (quantity within package — Unit of Measure Package (Number of Packages (Package Price * Net Date dashes or spaces) _Name/Streny 0, 90, etc (ml, gm, ea) Price Delivered

  11. Slide 11: Questions

    Questions Email questions to CAMAICsurvey@mercer.com 11

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