2022 Nevada Revised Statutes
Chapter 439B - Restraining Costs of Health Care
NRS 439B.616 - "Rebate" defined.

Universal Citation: NV Rev Stat § 439B.616 (2022)

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.

(Added to NRS by 2021, 3722)

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