1. (a) As used in this chapter, "rebate" means a discount or other price concession that is:

   1. (1) based on the use of a prescription drug; and
   2. (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.
2. (b) The term includes an incentive and a disbursement.

As added by P.L.216-2025, SEC.42.