27-1-24.8-3. "Pharmacy benefit manager"

IN Code § 27-1-24.8-3 (2019) (N/A)
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Sec. 3. (a) As used in this chapter, "pharmacy benefit manager" means a person that provides claim processing services or other prescription drug or device services for health plans.

(b) The term includes a subsidiary of a person described in subsection (a).

(c) The term does not include the following:

(1) A person licensed under IC 16.

(2) A health provider who is:

(A) described in IC 25-0.5-1; and

(B) licensed or registered under IC 25.

(3) A consultant who only provides advice concerning the selection or performance of a pharmacy benefit manager.

As added by P.L.286-2019, SEC.1.