Sec. 8. As used in this chapter, “maximum allowable cost list” means a list of drugs that is used:

(1) by a pharmacy benefit manager; and

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Terms Used In Indiana Code 27-1-24.5-8

  • pharmacist: means an individual licensed as a pharmacist under IC 25-26. See Indiana Code 27-1-24.5-9
  • pharmacy: means the physical location:

    Indiana Code 27-1-24.5-11

(2) to set the maximum amount that may be reimbursed to a pharmacy or pharmacist for a drug.

As added by P.L.68-2020, SEC.1.