IC 27-1-24.7-6 — "Rebate"
Chapter 24.7. Disclosure of Rebates
Section text
Sec. 6. (a) As used in this chapter, "rebate" means a discount or other price concession that is: (1) based on the use of a prescription drug; and (2) paid by a manufacturer or a third party to a pharmacy benefit manager (as defined in IC 27-1-24.5-12), pharmacy services administrative organization (as defined in IC 27-1-24.5-15), or pharmacy (as defined in IC 27-1-24.5-11) after a claim has been processed and paid at a pharmacy. (b) The term includes an incentive and a disbursement.
As added by P.L.216-2025, SEC.42.
Source: official publisher (2026 edition)