Ark. Code § 23-92-602

Current with all legislation passed during the 2023 Regular and First Extraordinary Sessions.

Section 23-92-602 - Definitions

As used in this subchapter:

(1) "Patient" means an individual seeking medical diagnosis and treatment;

(2) "Pharmacy" means the same as defined in § 17-92-101;

(3) "Provider" means a licensed pharmacist as defined in § 17-92-101;

(4)

(A) "Third party" means:

(i) A payor or the payor's intermediary; or

(ii) A pharmacy benefits manager.

(B) "Third party" does not include:

(i) The Arkansas Medicaid Program;

(ii) A risk-based provider organization as established under the Medicaid Provider-Led Organized Care Act, § 20-77-2701 et seq.; or

(iii) A self-insured governmental plan or a pharmacy benefits manager for a self-insured governmental plan; and

(5) "340B drug pricing" means the program established under section 602 of the Veterans Health Care Act of 1992, Pub. L. No. 102-585.

Ark. Code § 23-92-602

Added by Act 2021, No. 1103,§ 1, eff. 7/28/2021.