Arkansas Code Title 23. Public Utilities and Regulated Industries § 23-79-2502. Definitions

(3)(A) “Health benefit plan” means any individual, blanket, or group plan, policy, or contract for healthcare services issued or delivered by a healthcare insurer in this state.

(B) “Health benefit plan” does not include:

(4)(A) “Healthcare insurer” means a:

(B) “Healthcare insurer” does not include an entity that provides only dental benefits or eye and vision care benefits;

(A) A negotiated price concession, including without limitation base price concessions, whether described as a rebate or not, reasonable estimates of any price protection rebates, and performance-based price concessions that may accrue, directly or indirectly, to the healthcare insurer during the coverage year from a manufacturer or other party in connection with the dispensing or administration of a prescription drug; and

(B) Any reasonable estimate of a negotiated price concession, fee, and other administrative cost that is passed through, or is reasonably anticipated to be passed through, to the healthcare insurer and serves to reduce the healthcare insurer's liabilities for a prescription drug.