Studied by 17 people
What is the temperature for refrigerators in the pharmacy?
2–8°C (36–46°F)
What is the range for room temperature in the pharmacy?
15–30°C (59–86°F)
True/False
Some drugs are sensitive to heat, light, air, and humidity.
True
True/False
Drugs are generally broken down faster once they are mixed with water.
True
What is self pay?
When the patient pays on their own
What is a 3rd party payer?
Anyone or anything that assists the patient in paying (such as insurance)
Copay
The amount left over for the patient to pay after a 3rd party payer has paid part of the bill.
What kinds of insurance policies must the pharmacy tech be familiar with?
traditional companies, like from employee benefits
government plans like Medicare and Medicaid
private companies
closed formulary
Insurance policy where the insurance company only pays for certain drugs for certain diagnoses. The patient typically must resort to paying out of pocket for other drugs.
cost price
The dollar amount at which the pharmacy purchased the medication
Selling price
The retail dollar amount at which the patient/insurance company purchases the medication
Dispensing fee
An additional fee charged by the pharmacy to cover cost of labor or “shipping and handling,” usually presented as a percentage of the price or a flat rate
Markup rate
The difference between the cost price and the selling price, usually calculated as a percentage of the cost. Not equal to the profit made from the medication
Note 
Flashcard (20)