Nev. Rev. Stat. § 439B.616

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 439B.616 - "Rebate" defined
1. "Rebate" means a discount or concession that affects the price of a prescription drug which is provided by the manufacture of the drug to:
(a) A third party;
(b) A pharmacy benefit manager after the pharmacy benefit manager has processed a claim from a pharmacy, an institutional pharmacy, as defined in NRS 639.0085, or a pharmacist; or
(c) A wholesaler.
2. The term does not include a bona fide service fee, as defined in 42 C.F.R. § 447.502.

NRS 439B.616

Added to NRS by 2021, 3722
Added by 2021, Ch. 547,§1.6, eff. 10/1/2021.