Indiana Code 27-1-24.5-27. Contracts of pharmacy services administrative organizations
Current as of: 2023 | Check for updates
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Terms Used In Indiana Code 27-1-24.5-27
- Contract: A legal written agreement that becomes binding when signed.
- person: includes individuals, corporations, associations, and partnerships; personal pronoun includes all genders; the singular includes the plural and the plural includes the singular. See Indiana Code 27-1-2-3
- pharmacy: means the physical location:
Indiana Code 27-1-24.5-11
- pharmacy services administrative organization: means an organization that assists independent pharmacies and pharmacy benefit managers or health plans to achieve administrative efficiencies, including contracting and payment efficiencies. See Indiana Code 27-1-24.5-15
Sec. 27. A pharmacy services administrative organization shall, upon request, fully disclose to an independent pharmacy on whose behalf the pharmacy services administrative organization acts the terms of a contract between the pharmacy services administrative organization and any other person or entity concerning the actions taken by the pharmacy services administrative organization on behalf of the independent pharmacy.
As added by P.L.68-2020, SEC.1.