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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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INSURANCE |
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TITLE 15. HEALTH INSURANCE |
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SUBTITLE 16. PHARMACY BENEFITS MANAGERS |
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PART III. PHARMACY AND THERAPEUTICS COMMITTEES |
§ 15-1614. Composition; conflict of interest statement
Latest version.
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(a) Composition. --
(1) A pharmacy and therapeutics committee shall:
(i) include clinical specialists that represent the needs of a purchaser's beneficiaries; and
(ii) include at least one practicing pharmacist and one practicing physician who are independent of any developer or manufacturer of prescription drugs.
(2) A majority of the members of a pharmacy and therapeutics committee shall be practicing physicians or practicing pharmacists.
(b) Conflict of interest statement. -- Each member of a pharmacy and therapeutics committee shall sign a conflict of interest statement updated at least annually disclosing any economic interest or relationship that could influence the pharmacy and therapeutics committee's decisions.