KRS 304.17A-740: Definitions for KRS 304.17A-740 to 304.17A-743.

(1) As used in KRS 304.17A -740 to 304.17A -743, unless the context otherwise

requires:

(a) "Administrator" has the meaning provided in KRS 304.9-051;

(b) "Auditing entity" means an insurer or an administrator that conducts or

arranges for the performance of an audit of a pharmacy's records for the

purpose of determining compliance with pharmacy benefit requirements; and

(c) "Insurer" has the meaning provided in KRS 304.17A-005.

(2) A provider agreement or provider contract between a pharmacy and an insurer, an

agency of the Commonwealth, a pharmacy benefits administrator, or a pharmacy

benefits manager that allows an audit of the pharmacy's records by an auditing

entity shall comply with KRS 304.17A-741 and 304.17A-743.