Indiana Code 27-1-50-8. Rebates; pass through to plan sponsor
Current as of: 2023 | Check for updates
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Terms Used In Indiana Code 27-1-50-8
- insurer: means an insurer that provides health insurance coverage to a covered individual. See Indiana Code 27-1-50-4
- plan sponsor: means an employer or organization that offers health insurance coverage to its employees or members through an insurer. See Indiana Code 27-1-50-5
Sec. 8. An insurer shall pass through to a plan sponsor one hundred percent (100%) of all rebates concerning the dispensing or administration of prescription drugs to the covered individuals of the plan sponsor.
As added by P.L.166-2023, SEC.3.