Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 02, 2024 | Updated by Findlaw Staff
Sec. 3. (a) Before April 1 of each year, a 340B covered entity shall report the following information and transactions to the state department concerning the 340B covered entity's participation in or participation on behalf of the 340B covered entity in the federal 340B program for the previous calendar year:
(1) The:
(A) name;
(B) service address;
(C) 340B program identification number; and
(D) designation of entity type, as specified in 42 U.S.C. 256b(a)(4);
of the 340B covered entity.
(2) The aggregate acquisition cost for all prescription drugs obtained under the 340B program and dispensed or administered to patients.
(3) The aggregate payment amount received for all drugs obtained under the 340B program and dispensed or administered to patients.
(4) The aggregate payment made to pharmacies under contract to dispense drugs obtained under the 340B program.
(5) The number of claims for prescription drugs described in subdivision (3).
(6) How the 340B covered entity uses any savings from participating in the 340B program, including the amount of savings used for the provision of charity care, community benefits, or a similar program of providing unreimbursed or subsidized health care.
(7) The aggregate payments made to any other entity that is not a 340B covered entity and is not a contract pharmacy as described in subdivision (4) for managing any aspect of the 340B covered entity's 340B program.
(8) The aggregate payment made for any other administering expense for the 340B program.
(9) The aggregate number of prescription drugs dispensed or administered to patients for which a payment was reported under subdivision (3).
(10) The percentage of the 340B covered entity's claims that were for prescription drugs obtained under the 340B program.
(11) The number and percentage of low income patients of the 340B covered entity that were served by a sliding fee scale for a prescription drug dispensed or administered under the 340B program.
(12) The 340B covered entity's total operating costs.
(13) The 340B covered entity's total costs for charity care.
(14) A copy of the 340B covered entity's financial assistance policy for the reporting year.
(b) The information required to be reported under subsection (a)(3) through (a)(5) must, to the extent feasible, be reported by payer type, including the following:
(1) Commercial.
(2) Medicaid.
(3) Medicare.
(4) Uninsured.
(c) The data submitted in the reports required under subsection (a) is confidential and is not available for public inspection.
(d) Before November 15 of each year, the state department shall prepare a report that aggregates the data submitted under subsection (a) and:
(1) submit the report to the legislative council in an electronic format under IC 5-14-6; and
(2) post the report on the state department's website.
Cite this article: FindLaw.com - Indiana Code Title 16. Health § 16-40-6-3 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-16-health/in-code-sect-16-40-6-3/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)