Statutes Text
Article - Insurance
§15–1612.
(a) This section applies only to a pharmacy benefits manager that provides pharmacy benefits management services on behalf of a carrier.
(b) This section does not apply to reimbursement:
(1) for specialty drugs;
(2) for mail order drugs; or
(3) to a chain pharmacy with more than 15 stores or a pharmacist who is an employee of the chain pharmacy.
(c) A pharmacy benefits manager may not reimburse a pharmacy or pharmacist for a pharmaceutical product or pharmacist service in an amount less than the amount that the pharmacy benefits manager reimburses itself or an affiliate for providing the same product or service.