§ 16-47-1-4 — Establishing, implementing, and maintaining program

Indiana § 16-47-1-4

• Jurisdiction: Indiana
• Title 16: HEALTH
• Art. 47: AGGREGATE PURCHASING OF PRESCRIPTION
• Ch. 1: State Aggregate Prescription Drug Purchasing Program

Text

(a) The department, with the approval of the
budget agency, shall establish, implement, and maintain an aggregate
prescription drug purchasing program through which terms are
negotiated related to the purchase of prescription drugs by:
(1) an entity described in section 5(a) or 5(b) of this chapter; or
(2) an individual who is covered under a health benefit plan that
includes a prescription drug benefit.
(b) The budget agency may contract with a pharmacy benefit
manager or other person to conduct the negotiations of the program
established under subsection (a).
(c) The terms and conditions of the program are subject to the
approval of the budget agency.

Legislative History

As added by P.L.50-2004, SEC.5.