§ 15-1628. Required disclosures by pharmacy benefits manager.  


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  •    At the time of entering into a contract with a pharmacy or a pharmacist, and at least 30 working days before any contract change, a pharmacy benefits manager shall disclose to the pharmacy or pharmacist:

       (1) the applicable terms, conditions, and reimbursement rates;

       (2) the process and procedures for verifying pharmacy benefits and beneficiary eligibility;

       (3) the dispute resolution and audit appeals process; and

       (4) the process and procedures for verifying the prescription drugs included on the formularies used by the pharmacy benefits manager.


HISTORY: 2008, ch. 36, § 6; ch. 262.