Alabama Code > Title 27 > Chapter 45 – Pharmaceutical Insurance Coverage
Current as of: 2022 | Check for updates
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Article 1 | General Provisions | 27-45-1 – 27-45-9 |
Article 2 | Written Proof Pharmacy Registered with State Board | 27-45-20 |
Terms Used In Alabama Code > Title 27 > Chapter 45 - Pharmaceutical Insurance Coverage
- ALABAMA INSURANCE CODE: Title 27 of the Code of Alabama 1975. See Alabama Code 27-45-2
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- CONTRACTUAL OBLIGATION: Any obligation under covered policies or employee benefit plans. See Alabama Code 27-45-2
- COVERED POLICY OR PLAN: Any policy, employee benefit plan, or contract within the scope of this article. See Alabama Code 27-45-2
- drugs: All medical substances, preparations, and devices recognized by the United States Pharmacopoeia and National Formulary, or any revision thereof, and all substances and preparations intended for external and internal use in the cure, diagnosis, mitigation, treatment, or prevention of disease in man or animal and all substances and preparations other than food intended to affect the structure or any function of the body of man or animal. See Alabama Code 27-45-2
- EMPLOYEE BENEFIT PLAN: Any plan, fund, or program heretofore or hereafter established or maintained by an employer or an employee organization, or by both, to the extent that such plan, fund, or program was established or is maintained for the purpose of providing for its participants or their beneficiaries, through the purchase of insurance or otherwise, pharmaceutical services, including without limitation, prescription drugs. See Alabama Code 27-45-2
- HEALTH INSURANCE POLICY: Any individual, group, blanket, or franchise insurance policy, insurance agreement, or group hospital service contract providing for pharmaceutical services, including without limitation, prescription drugs, incurred as a result of accident or sickness, or to prevent same. See Alabama Code 27-45-2
- insurer: Such term shall have the meaning ascribed in Section 27-1-2. See Alabama Code 27-45-2
- month: means a calendar month. See Alabama Code 1-1-1
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- person: Such term shall have the meaning ascribed in Section 27-1-2. See Alabama Code 27-45-2
- PHARMACEUTICAL SERVICES: Services ordinarily and customarily rendered by a pharmacy or pharmacist, including without limitation, the dispensing of prescriptions, drugs, medicines, chemicals, or poisons. See Alabama Code 27-45-2
- pharmacist: Any person licensed by the Alabama State Board of Pharmacy to practice the profession of pharmacy in the State of Alabama and whose license is in good standing. See Alabama Code 27-45-2
- pharmacy: A place licensed by the Alabama State Board of Pharmacy in which prescriptions, drugs, medicines, chemicals, and poisons are sold, offered for sale, compounded, or dispensed, and shall include all places whose title may imply the sale, offering for sale, compounding, or dispensing of prescriptions, drugs, medicines, chemicals, or poisons. See Alabama Code 27-45-2
- prescription: Any order for drug or medical supplies, written or signed or transmitted by word of mouth, telephone, telegraph, closed circuit, television, or other means of communication by a legally competent practitioner, licensed by law to prescribe and administer such drugs and medical supplies intended to be filled, compounded, or dispensed by a pharmacist. See Alabama Code 27-45-2
- project: Undertakings and activities of a public entity in a tax increment district for a. See Alabama Code 11-99-2
- PROJECT PLAN: The properly approved plan for the development or redevelopment of a tax increment district, including all properly approved amendments thereto. See Alabama Code 11-99-2
- PUBLIC ENTITY: Any municipality or county in the state. See Alabama Code 11-99-2
- TAX INCREMENT: That amount obtained by multiplying the total revenue derived from ad valorem taxes levied by all local taxing authorities on all taxable property within a tax increment district in any tax year by a fraction having a numerator equal to that tax year's market value of all taxable property in the district minus the tax increment base and a denominator equal to that tax year's equalized value of all taxable property in the district. See Alabama Code 11-99-2
- TAX INCREMENT BASE: The aggregate value, as equalized by the Department of Revenue, of all taxable property located within a tax increment district on the date the district is created, determined as provided in Section 11-99-5. See Alabama Code 11-99-2
- TAX INCREMENT DISTRICT: A contiguous geographic area within the boundaries of a public entity defined and created by resolution of the local governing body. See Alabama Code 11-99-2
- TAX INCREMENT FUND: A fund into which all tax increments not retained by a taxing authority as provided by Section 11-99-10(b) are paid, and from which money is disbursed to satisfy claims of holders of tax increment obligations issued for the tax increment district. See Alabama Code 11-99-2
- TAXABLE PROPERTY: All real and personal property located in a tax increment district which is subject to ad valorem taxation on the date of adoption of the resolution creating the tax increment district. See Alabama Code 11-99-2
- taxing authority: means the state or any municipality, county, or other taxing authority which has the power to levy taxes on property within the tax increment district. See Alabama Code 11-99-2