yourstate.us
Home / Indiana / Insurance
Ind. Code § 27-1-24.5-16

"Rebate"

Indiana · Indiana Code Title 27 — Insurance · Status: effective

Get this as JSONEmbed this
Cite this
Citation
Ind. Code § 27-1-24.5-16, "Rebate", Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1662097
Permanent ID
ys:prov:1662097@1
SHA-256
2e8534331c09f768b0acbb1a0ca26306fb7d8fde48fc1280c6eb688e31fc91d3

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

Sec. 16. (a) As used in this chapter, "rebate" means a discount or other price concession that is: (1) based on use of a prescription drug; and (2) paid by a manufacturer or third party to a pharmacy benefit manager, pharmacy services administrative organization, or pharmacy after a claim has been processed and paid at a pharmacy. (b) The term includes an incentive and a disbursement.