"Rebate"
Ind. Code § 27-1-24.7-6
in effectSec. 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: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/27Fetched: 10/17/2026