Iowa Department of Human Services

Pharmacy Average Actual Acquisition Cost

The 84th Iowa General Assembly enacted during the 2012 Iowa Legislative Session the requirement that the Department of Human Services (DHS) perform a cost of dispensing survey and implement an average actual acquisition cost (AAC) reimbursement methodology for all drugs. (Senate File 2336, Section 33). Additionally, pharmacies must make available drug acquisition invoice information upon request. Any dispensing fee expenses or acquisition cost information required to be submitted under this legislation that specifically identifies a pharmacy or provider’s individual cost will remain confidential.

Average AAC rates will be updated on a weekly or more frequent basis. Rates will be updated by adjustments reflecting relative changes in published drug prices, and new drug acquisition costs collected through surveys or provider initiated inquiries.

Information and materials on this Site may not be published or used except as provided under the terms and conditions listed in the legal disclaimer or as otherwise noted on the Site without the written permission of the State of Iowa, Iowa Department of Human Services, and/or Myers and Stauffer LC.

Average Acquisition Cost Lists Download  Posting Date 
Generic Drugs checkmark April 12, 2017
Generic Drugs checkmark April 19, 2017
Generic Drugs checkmark April 26, 2017
 
Brand Drugs checkmark April 12, 2017
Brand Drugs checkmark April 19, 2017
Brand Drugs checkmark April 26, 2017
 
Medicaid Federal Upper Limit Notice Checkmark  
 
Average AAC Informational Notices
IME Informational Notice
November 23, 2016
Checkmark  
 
Average AAC Informational Letters
IME Informational Letter No. 1136 Checkmark  
IME Informational Letter No. 1153 Checkmark  
IME Informational Letter No. 1173 Checkmark  
IME Informational Letter No. 1201 Checkmark  
IME Informational Letter No. 1207 Checkmark  
IME Informational Letter No. 1250 Checkmark