Current with changes from the 2024 Legislative Session
Section 15-1612 - Reimbursement for pharmaceutical product or pharmacist service(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:(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.Amended by 2021 Md. Laws, Ch. 358,Sec. 1, eff. 1/1/2022.Added by 2018 Md. Laws, Ch. 218,Sec. 1, eff. 10/1/2018.Added by 2018 Md. Laws, Ch. 217,Sec. 1, eff. 10/1/2018.