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Which of the following regarding medication reimbursement by third - party payers is TRUE? MAC refers to the minimal level of reimbursement by the ultimate

Which of the following regarding medication reimbursement by third-party payers is TRUE?
MAC refers to the minimal level of reimbursement by the ultimate payer
None of the above
Reimbursement can be based on WAC minus a percentage
Generic product AWPs are initially set at approx yately 10% below the brand product's AWP
Reimbursement can be based on AWP plus a percentage
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