Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 8. HEALTH INSURANCE AND OTHER HEALTH COVERAGES |
Subtitle I. SPECIALIZED COVERAGES |
Chapter 1652. MEDICARE SUPPLEMENT BENEFIT PLANS |
Subchapter F. OUTPATIENT PRESCRIPTION DRUGS |
Sec. 1652.252. PRESCRIPTION DRUG DISCOUNT PROGRAMS
Latest version.
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(a) In this section, "prescription drug discount program" means any program that entitles a participant to purchase prescription drugs or other medical supplies and services from vendors at a discount under an agreement made with a participating pharmacy.
(b) An entity described by Section 1652.003 may offer participation in a prescription drug discount program in connection with the solicitation of an application for issuance of a Medicare supplement benefit plan.
(c) An offer of participation in a prescription drug discount program described by this section is not a violation of Chapter 541 or any other law prohibiting the offer of rebates in the solicitation of insurance policies.
Added by Acts 2005, 79th Leg., Ch. 728 , Sec. 11.075(a), eff. September 1, 2005.