IC 27-1-24.7-6: "Rebate"
Where this section sits in the code
- TITLE 27. INSURANCE
- ARTICLE 1. DEPARTMENT OF INSURANCE
- Chapter 24.7. Disclosure of Rebates
Sec. 6. (a) As used in this chapter, "rebate" means a discount or other price concession that is:
(1) based on the use of a prescription drug; and
(2) paid by a manufacturer or a third party to a pharmacy benefit manager (as defined in IC 27-1-24.5-12), pharmacy services administrative organization (as defined in IC 27-1-24.5-15), or pharmacy (as defined in IC 27-1-24.5-11) 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