IC 27-1-24.5-16: "Rebate"
Where this section sits in the code
- TITLE 27. INSURANCE
- ARTICLE 1. DEPARTMENT OF INSURANCE
- Chapter 24.5. Pharmacy Benefit Managers
Sec. 16. (a) As used in this chapter, "rebate" means a discount or other price concession that is:
(1) based on use of a prescription drug; and
(2) paid by a manufacturer or third party to a pharmacy benefit manager, pharmacy services administrative organization, or pharmacy after a claim has been processed and paid at a pharmacy.
(b) The term includes an incentive and a disbursement.
Collected 2026-09-25T05:39:04Z. Source file · JSON