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62J.66 Definitions.

Subdivision 1. Applicability. For purposes of this section and section 62J.68, the following definitions apply.

Subd. 2. Discounted price. "Discounted price" means the lesser of the average wholesale price for a prescription drug minus 20 percent or the usual and customary retail price, including any dispensing fee, minus five percent.

Subd. 3. Eligible senior. "Eligible senior" means a senior citizen eligible for the senior drug discount program under section 62J.68, subdivision 3.

Subd. 4. Senior citizen. "Senior citizen" means a resident of Minnesota who is age 65 or older.

Subd. 5. Senior drug discount program. "Senior drug discount program" means the program established in section 62J.68.

Subd. 6. Participating drug manufacturer. "Participating drug manufacturer" means any manufacturer who agrees to voluntarily participate in the senior drug discount program.

Subd. 7. Participating claims processing companies. "Participating claims processing companies" means entities, including, but not limited to, pharmacy benefit management companies, that are awarded a contract by the department of administration to provide on-line services to process payments to participating pharmacies.

Subd. 8. Average manufacturer price. "Average manufacturer price" has the meaning assigned to the term by the Secretary of Health and Human Services for purposes of the federal drug rebate program established under the Omnibus Budget Reconciliation Act of 1990 and section 1927 of the Social Security Act.

HIST: 1995 c 234 art 6 s 1

Official Publication of the State of Minnesota
Revisor of Statutes