Indiana Code 27-1-24.5-29. Report
Current as of: 2023 | Check for updates
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Sec. 29. (a) At least every six (6) months, a pharmacy benefit manager shall provide a report to the department.
(1) overall aggregate amount charged to a health plan for all pharmaceutical claims processed by the pharmacy benefit manager; and
(b) A report under subsection (a) must include the:
Terms Used In Indiana Code 27-1-24.5-29
- Department: means "the department of insurance" of this state. See Indiana Code 27-1-2-3
- health plan: means the following:
Indiana Code 27-1-24.5-5
- pharmacy: means the physical location:
Indiana Code 27-1-24.5-11
- pharmacy benefit manager: means an entity that, on behalf of a health plan, state agency, insurer, managed care organization, or other third party payor:
Indiana Code 27-1-24.5-12
(2) overall aggregate amount paid to pharmacies for claims processed by the pharmacy benefit manager.
(c) Upon request, the department shall make a report received under subsection (a) available to the members of the general assembly in an electronic format under IC 5-14-6.
As added by P.L.166-2023, SEC.1.