Indiana Code 27-1-49-5. “Price protection rebate”
Current as of: 2023 | Check for updates
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Terms Used In Indiana Code 27-1-49-5
- insurer: means an insurer that provides health insurance coverage to a covered individual. See Indiana Code 27-1-49-4
Sec. 5. As used in this chapter, “price protection rebate” means a negotiated price concession that accrues directly or indirectly to an insurer, or another party on behalf of an insurer, if there is an increase in the wholesale acquisition cost of a prescription drug above a specified threshold.
As added by P.L.166-2023, SEC.2.