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NRS 439B.616

“Rebate” defined

(Added to NRS by 2021, 3722)

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.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.