Section 12-15-35-45 - Outpatient drug formulary; requirements(a) The chairman of the board, subject to the approval of the board members, may appoint an advisory committee to make recommendations to the board on the development of a Medicaid outpatient drug formulary.(b) If the office decides to establish a Medicaid outpatient drug formulary, the formulary shall be developed by the board.(c) A formulary, preferred drug list, or prescription drug benefit used by a managed care organization is subject to IC 12-15-5-5, IC 12-15-35.5, and sections 46 and 47 of this chapter.Amended by P.L. 152-2017,SEC. 28, eff. 7/1/2017.As added by P.L. 76-1994, SEC.6. Amended by P.L. 231-1999, SEC.7; P.L. 101-2005, SEC.4.