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What does MAC stand for?

MAC stands for Maximum Allowable Cost

This definition appears very frequently and is found in the following Acronym Finder categories:

  • Information technology (IT) and computers
  • Science, medicine, engineering, etc.

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Other Resources:
We have 1134 other meanings of MAC in our Acronym Attic

Samples in periodicals archive:

States are to pay pharmacies the lower of the state's estimate of the drug's acquisition cost to the pharmacy, plus a dispensing fee, or the pharmacy's usual and customary charge to the general public; for certain drugs, the FUL or the state maximum allowable cost (MAC) may apply if lower.
Issues States Face Meanwhile, state lawmakers nationwide are discussing such steps as reduction in Medicaid pharmacy payments, cuts in dispensing fees, brand-drug limits, prescription limits, preferred drug lists (PDLs)*, state maximum allowable costs, generic substitution, prior authorization and assisted-living-related medication management, among others.