Offer of plans to plan sponsors
Ind. Code § 27-1-50-9
in effectSec. 9. (a) At the time of contracting, an insurer shall only offer to plan sponsors the following plans:
(1) A plan that applies one hundred percent (100%) of the rebates to reduce premiums for all covered individuals equally.
(2) A plan that calculates defined cost sharing for covered individuals of the plan sponsor at the point of sale based on a price that is reduced by an amount equal to at least eighty-five percent (85%) of all of the rebates received or estimated to be received by the insurer concerning the dispensing or administration of the prescription drug.
(b) A plan sponsor may choose one (1) of the plans offered under subsection (a).
As added by P.L.166-2023, SEC.3. Amended by P.L.158-2024, SEC.15.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/27Fetched: 10/17/2026