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Arizona Revised Statutes Title 20. Insurance § 20-3341. Definitions

Current as of January 01, 2025 | Updated by Findlaw Staff

In this article, unless the context otherwise requires:

1. “Drug coverage”:

(a) Means any form of compensation paid to a pharmacy that dispenses prescription drugs for a patient under a contractual or other legal obligation with a health insurer or pharmacy benefit manager.

(b) Does not include either of the following:

(i) Coverage provided pursuant to title 36, chapter 29, article 1.  1

(ii) Any amounts paid by an individual on his or her own behalf or on behalf of another individual without a contractual or legal obligation to do so.

2. “Health care plan” has the same meaning prescribed in § 20-3151.

3. “Health insurer” has the same meaning prescribed in § 20-242.

4. “Third party” means a health insurer or pharmacy benefit manager that provides or manages drug coverage under a health care plan.

5. “340B covered entity” means an entity that participates in the 340B drug discount program authorized by 42 United States Code § 256b.

6. “340B drug” means a drug that is purchased by a 340B covered entity through the 340B drug discount program authorized by 42 United States Code § 256b and that is dispensed by a pharmacy.

1 Section 36-2901 et seq.
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Cite this article: FindLaw.com - Arizona Revised Statutes Title 20. Insurance § 20-3341. Definitions - last updated January 01, 2025 | https://codes.findlaw.com/az/title-20-insurance/az-rev-st-sect-20-3341/

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