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where should tablets be stored?
cool, dark, and dry places away from light
where should emulsions be stored?
airtight containers away from light, high temps, & freezing temps
where should suspensions be stored?
cool (but not refrigerated) and dry places away from light & heat
where should ointments and pastes be stored?
tightly closed containers in cool and dark places
where should syrups be stored?
bottles w/ stoppers in cool and dark places away from light
where should oral drops be stored?
cool, dark, and dry places away from light
how should injections be stored?
temps below 30 degrees Celsius away from light
what is Universal Product Code (UPC)?
a barcode associated w/ NDC number
verifies the drug being dispensed
what is a formulary?
list of approved meds
hospital pharmacies mainly have these
which organization provides Medicare and Medicaid?
Centers for Medicare and Medicaid (CMS)
what is Medicare? who is it for?
federal insurance program for:
ppl 65 yrs and older
ppl under 65 yrs, but w/ disabilities
is Medicare income-dependent?
no
what are the 4 parts of Medicare?
Part A: inpatient care
Part B: outpatient care
Part C: Medicare Advantage Plan - allows private companies to offer Medicare coverage that includes Part A & B services
Part D: prescription drug coverage
what is Medicaid?
state insurance program for those w/ low incomes
what is the Affordable Care Act (ACA)?
making health insurance more affordable & accessible for more ppl
what are the 4 categories of insurance policies?
bronze: insurance company covers 60% medical costs
silver: insurance company covers 70% medical costs
gold: insurance company covers 80% medical costs
platinum: insurance company covers 90% medical costs
do insurance policies allow individuals to choose their deductible amount?
yes
what is a deductible?
the amount someone pays before insurance covers it
what is the relationship between deductibles and monthly premiums?
higher deductibles → lower monthly premiums
what does the ACA set limits on regarding covered medical services?
the amount ppl pay for covered medical services
what does the insurance company do when the limit on how much is paid for covered medical services is reached?
they pay for 100% of additional covered services for the rest of year
what is the Average Wholesale Price (AWP)?
average charge by wholesalers
what is the Actual Acquisition Cost (AAC)?
amount pharmacies pay for meds