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

Mercer Short Duration Fixed Income Fund Class Y-3 — Mercer — SCDHHS Actual Acquisition Cost Survey Webinar (August 2020)

12 slides from Mercer Short Duration Fixed Income Fund Class Y-3's conference presentation, Aug 25, 2020

  1. Slide 1: Actual Acquisition Cost Survey

    South Carolina Department of Health and Human Services (SCDHHS) Actual Acquisition Cost Survey August 25, 2020 Adrienne McCormick, CPA William Wynn Senior Consultant – Mercer Pharmacy Director– SCDHHS welcome to brighter

  2. Slide 2: Agenda

    Agenda What we will cover today Welcome and Actual Acquisition Cost Background Introductions (AAC) Survey Q&A Copyright © 2020 Mercer (US) Inc. All rights reserved. 2

  3. Slide 3: Background

    Background Effective July 15, 2020, SCDHHS updated the standard basis of payment for fee-for-service pharmacy benefit to provide payment at the lowest of: • The AAC plus a professional dispensing fee (PDF) of $10.50 • The state’s maximum allowable cost plus a PDF of $10.50 • The usual and customary

  4. Slide 4: AAC survey

    AAC survey WHY WHO HOW WHAT A prescription Mercer will: A statistically Results from drug purchase valid sample of • Administer AAC annual SCDHHS price survey will SCDHHS survey AAC survey will validate participating • Conduct statistical be compared to calculated AAC outpatient analysis publicly av

  5. Slide 5: AAC survey

    AAC survey WHEN HOW The survey collection period is: Mercer’s survey email box: September 1–11 SCRxSurvey@mercer.com Copyright © 2020 Mercer (US) Inc. All rights reserved. 5

  6. Slide 6: Survey purpose

    AAC survey Survey purpose Establish and maintain an AAC program for generic and brand drug products encouraging efficient purchasing while being responsive to drug pricing fluctuations. AAC survey results will be used to compare drug price purchase prices in South Carolina to CMS’ NADAC and other St

  7. Slide 7: Notification process

    AAC Survey Notification process Steps Required if SCDHHS AAC Survey Notification Received The AAC survey will be sent to a statistically valid sample of SC pharmacies enrolled in the Medicaid program: If you do not receive a notification, you do not need to take any action for the AAC survey. Please

  8. Slide 8: Electronic invoice submission process

    AAC Survey Electronic invoice submission process August 2020 drug purchase invoices must be submitted in excel format with the fields listed, in this order: Pharmacy National Provider Identifier (NPI) Purchase Date National Drug Code (NDC) Item Description Package Size Unit of Measure Package Price

  9. Slide 9: Excel sample

    AAC Survey Excel sample Copyright © 2020 Mercer (US) Inc. All rights reserved. 9

  10. Slide 10: Questions

    Questions Copyright © 2020 Mercer (US) Inc. All rights reserved. 10

  11. Slide 11: welcome to brighter

    welcome to brighter

  12. Slide 12: Mercer

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