Iowa Code § 510B.8B

Current through bills signed by governor as of 5/17/2024
Section 510B.8B - Pharmacy benefits manager affiliates - reimbursement

A pharmacy benefits manager shall not reimburse any pharmacy located in the state in an amount less than the amount that the pharmacy benefits manager reimburses a pharmacy benefits manager affiliate for dispensing the same prescription drug as dispensed by the pharmacy. The reimbursement amount shall be calculated on a per unit basis based on the same generic product identifier or generic code number.

Iowa Code § 510B.8B

2022 Acts, ch 1113, §9, 16, 23

Section applies to pharmacy benefits managers that manage a prescription drug benefit in the state on or after June 13, 2022; 2022 Acts, ch 1113, §16