Colorado § 6-29-103 - Definitions.

§ 6-29-103. Definitions.

As used in this article 29, unless the context otherwise requires:

(1) "340B covered entity" or "covered entity" has the meaning set forth in section 340B (a)(4) of the federal "Public Health Service Act", 42 U.S.C. sec. 256b (a)(4).

(2) "340B drug" means a drug that:

(a) Is a covered outpatient drug within the meaning set forth in 42 U.S.C. sec. 256b;

(b) Has been subject to any offer for reduced prices by a manufacturer pursuant to 42 U.S.C. sec. 256b (a)(1); and

(c) Is purchased by a covered entity. As used in this subsection (2)(c), a drug is considered "purchased" if it would have been purchased but for the restriction or limitation described in section 6-29-105.

(3) "340B drug pricing program" or "340B program" means the program described in 42 U.S.C. sec. 256b (a)(1).

(4) "340B savings" means the difference between the aggregated market rate costs and the aggregated acquisition costs for 340B drugs.

(5) "Board" means the state board of pharmacy created in section 12-280-104.

(6) "Federal health care program" has the meaning set forth in section 42 U.S.C. sec. 1320a-7b (f).

(7) "Health information" means information, including demographic information collected from an individual or a group of individuals that:

(a) Is created or received by a health-care provider, pharmacy, health benefit plan, employer, or health-care clearinghouse; and

(b) Relates to the past, present, or future physical or mental health or condition of an individual, the provision of health care to an individual, or the past, present, or future payment for the provision of health care to an individual.

(8) "Manufacturer" has the meaning set forth in section 12-280-103 (27).

(9) "Package" has the meaning set forth in 21 U.S.C. sec. 360eee (11)(A).

(10) "Pharmacy" has the meaning set forth in section 12-280-103 (43).

(11) "Repackager" has the meaning set forth in section 12-280-103 (46).

(12) "Third-party logistics provider" has the meaning set forth in section 12-280-103 (52.5).

Source: L. 2025: Entire article added, (SB 25-071), ch. 313, p. 1639, § 2, effective August 6.