Indiana § 27-1-24.7-6 "Rebate"

Indiana Statutes

§ 27-1-24.7-6 — "Rebate"

Indiana § 27-1-24.7-6

Title 27INSURANCE

Art. 1DEPARTMENT OF INSURANCE

Ch. 24.7Disclosure of Rebates

This text of Indiana § 27-1-24.7-6 ("Rebate") is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 27-1-24.7-6 (2026).

Text

(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.

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(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.