What are WAC & AWP Prices?

AWP (Average Wholesale Price)
AWP is kind of like the “suggested retail price” that wholesalers or pharmacies might use. It’s usually higher than WAC and is more of a reference point than an actual selling price. It’s often used in insurance billing, not real-world transactions.

WAC (Wholesale Acquisition Cost)

Think of WAC as the manufacturer’s sticker price for a medication. It’s the price a drug company sets before any discounts or deals are applied. It’s not what people usually end up paying—just the starting point.