"Maximum allowable cost"

Ind. Code § 27-1-24.5-7
in effect
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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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/27Fetched: 10/17/2026

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