Sec. 7. An agreement to which this chapter applies must contain a contractual provision that requires the pharmacy benefit manager to provide on an annual basis, not later than sixty (60) days after the end of each policy year, a notice to a policyholder that states the following: (1) An explanation of what a rebate is. (2) An explanation of how rebates accrue to a health plan from a manufacturer. (3) The aggregate amount of rebates for all prescription drugs dispensed or administered to covered individuals on the policyholder's health plan that accrued to the health plan during the previous policy year. This information may not include any information about an individual prescription drug, including the name, manufacturer, quantity, or dosage of a prescription drug. The notice required by this section may be provided by first class mail or electronic mail. IC 27-1-24.8 Chapter 24.8. Repealed IC 27-1-25 Chapter 25. Insurance Administrators 27-1-25-1 Definitions 27-1-25-2 Written agreements 27-1-25-3 Presumptions as to payment of premiums and claims 27-1-25-4 Books and records; maintenance; inspection; transfer; ownership; notice of material change; maintenance of bond 27-1-25-5 Advertising 27-1-25-5.5 Insurer responsibilities 27-1-25-6 Fiduciary status of administrator; fiduciary accounts 27-1-25-7 Payment of claims 27-1-25-7.5 Repealed 27-1-25-8 Administrator compensation 27-1-25-9 Delivery of written communications 27-1-25-10 Notice of relationship; statement of premiums or charges 27-1-25-11 Repealed 27-1-25-11.1 Resident third party administrator license; application; refusal to issue license; notice of material change; bond 27-1-25-12 Repealed 27-1-25-12.2 Nonresident third party administrator license; commissioner refusal to issue license or delay of issuance; fees 27-1-25-12.3 Resident administrator annual filings 27-1-25-12.4 Denial, suspension, or revocation of administrator license 27-1-25-13 Public documents; confidentiality; financial information 27-1-25-14 Regulations 27-1-25-15 Violations; offense; notice 27-1-25-16 Presumption of control
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