Unannotated Code of Maryland (Last Updated: May 16, 2014) |
INSURANCE |
TITLE 15. HEALTH INSURANCE |
SUBTITLE 10B. PRIVATE REVIEW AGENTS |
§ 15-10B-20. Examination by Commissioner -- Pharmacy benefit manager
Latest version.
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(a) In general. -- In addition to the requirements under § 15-10B-19 of this subtitle, the Commissioner shall conduct an examination of any pharmacy benefit manager registered as a private review agent to determine whether the pharmacy benefit manager is acting in compliance with this subtitle.
(b) Conduct of examination. -- The examination shall be conducted:
(1) in accordance with § 2-207 of this article; and
(2) at least once every 3 years.
(c) Expense of examination. -- The expense of the examination shall be paid in accordance with § 2-208 of this article.
(d) Report of examination. -- The reports of the examination shall be issued in accordance with § 2-209 of this article.