§ 27-1-24.5-26 — Disclosure of contract with another party

Indiana § 27-1-24.5-26

• Jurisdiction: Indiana
• Title 27: INSURANCE
• Art. 1: DEPARTMENT OF INSURANCE
• Ch. 24.5: Pharmacy Benefit Managers

Text

A person or entity that has contracted with
a pharmacy benefit manager for the performance of services described
in section 12(a) of this chapter is entitled to full disclosure from the
pharmacy benefit manager of the terms of a contract between the
pharmacy benefit manager and any other person or entity within the
same network concerning the performance of the services described in
section 12(a) of this chapter, including:
(1) the purchase price for prescription drugs within the same
network and set by a contract entered into by the pharmacy
benefit manager; and
(2) the amount of any rebate provided in connection with the
purchase of prescription drugs within the same network by a
contract entered into by the pharmacy benefit manager.

Legislative History

As added by P.L.68-2020, SEC.1.