Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 27-1-49-5 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 27 - Insurance/
  5. Article 1 - Department of Insurance/
  6. Chapter 49 - Individual Prescription Drug Rebates27-1-49-0.5. Application of Chapter/
  7. § 27-1-49-5
Indiana Legal Code

§ 27-1-49-5

Ask AI about this
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.