Terms Used In Indiana Code 27-1-24.5-3

  • Contract: A legal written agreement that becomes binding when signed.
  • 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

   Sec. 3. As used in this chapter, “equal access and incentives” means that a pharmacy benefit manager allows any willing pharmacy provider to participate as part of any of the pharmacy benefit manager‘s networks as long as the pharmacy provider agrees to the terms and conditions of the relevant contract applicable to any other pharmacy provider within that network.

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