An amount added to the prescription ingredient cost by a pharmacy to determine a prescription price. The dispensing fee represents the charge for the professional services provided by the pharmacist when dispensing a prescription (including overhead expenses and profit). Most direct pay insured prescription programs use dispensing fees to establish pharmacy payment for prescriptions.
The pharmacist's charge for filling a prescription (also see Professional Fee).
After being authorized by the state legislature, the state's Medicaid agency reimburses the pharmacy provider a minimum of $4.23 per prescription, over the cost of the drug, to prepare and dispense a Medicaid prescription.
The fee paid for dispensing the prescription.
The dispensing fee represents the charge for the professional services provided by the pharmacist when dispensing a prescription (including overhead expenses and profit). Medicaid and most direct pay insured prescription programs use dispensing fees to establish pharmacy payment for prescriptions. Dispensing fees do not include any payment for the drugs being dispensed. Under the new Medicare Law, pharmacy dispensing fees paid by Medicare under Part B are expected to grow depending on the complexity of the drug administration services involved.
The amount added to the price of the drug to cover the services provided by the retail pharmacy. A dispensing fee is usually charged for each prescription filled.