Sec. 7. As used in this chapter, "maximum allowable cost" means the maximum amount that a pharmacy benefit manager will reimburse a pharmacy for the cost of a generic drug. The term does not include a dispensing fee or professional fee. As added by P.L.68-2020, SEC.1. Amended by P.L.32-2021, SEC.76.
"Maximum allowable cost"
Ind. Code § 27-1-24.5-7, under Pharmacy Benefit Managers.
Ind. Code § 27-1-24.5-7