Definitions for KRS 304.17A-740 to 304.17A-743
KRS 304.17A-740
in effect304.17A-740. Definitions for KRS 304.17A-740 to 304.17A-743
(1) As used in KRS 304.17A-740 to 304.17A-743, unless the context otherwise requires:
(a) "Administrator" has the meaning provided in KRS 304.9-051;
(b) "Auditing entity" means an insurer or an administrator that conducts or arranges for the performance of an audit of a pharmacy's records for the purpose of determining compliance with pharmacy benefit requirements; and
(c) "Insurer" has the meaning provided in KRS 304.17A-005.
(2) A provider agreement or provider contract between a pharmacy and an insurer, an agency of the Commonwealth, a pharmacy benefits administrator, or a pharmacy benefits manager that allows an audit of the pharmacy's records by an auditing entity shall comply with KRS 304.17A-741 and 304.17A-743.
Effective: June 25, 2009
History: Created 2009 Ky. Acts ch. 76, sec. 1, effective June 25, 2009.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=29345Fetched: 10/20/2026