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General Terms  
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Term Acronym Definition Additional Ref. Source Date
National Average Discount Percentage NADP This is the percentage applied to the basic price to give the discount for calculations.

The calculation to create the National Average Discount Percentage is:

the sum of all discounts / the sum of all basic prices.

Relates to England.

Discount,

Net Ingredient Cost,

Actual Cost

PMD /PDPI Aug-05
Net Ingredient Cost  NIC

This is the basic price of a drug as stated in Part II Clause 8 of the Drug Tariff.
The NIC does not include out of pocket expenses, except in the PPA Prescribing Cost Analysis (PCA) reports available through the Health and Social Care Information Centre.

 

PAR and Prescribing Catalogue/PDPI

Aug-05

 

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