Texas Comptroller of Public Accounts
| Legal Citations: |
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| Revenue Type: Cash — Health |
| Origin Date: March 1, 2002 |
| Issue Date: 2002-03-01 |
| Revised Date: 2003-02-01 |
To record the rebates received by the state from drug manufacturing companies. Amounts are based on pharmaceutical sales of certain prescriptions in the CHIP Vendor Drug program. Also used to record experience rebates, which must be paid by STAR HMOs, which are a form of profit sharing. The rebate is calculated using a graduated method based on the excess of allowable revenues over allowable expenses based on pre-tax income.
At time of receipt.
| Appropriation Year | 26 |
|---|---|
| USAS Title | VENDOR DRUG/HMO EXPERIENCE - REBATE CHIP |
| Receipt Category | 12 – Health |
| Receipt Type | 90 – Other Receipts |
| Object Group | 22 – Refund of Expenditure |
| USAS Status | A |
| Rev/Exp Category | 26 – STATE HEALTH SERVICE FEES AND REBATES |