§ 33-65-10. Application
The requirements of this chapter shall apply to all insurers domiciled in this state. History. Code 1981, § 33-65-10 , enacted by Ga. L. 2019, p. 1038, § 1/HB 367.
§ 33-65-11. First Filing Requirement
The first filing of the corporate governance annual disclosure shall be in 2020. History. Code 1981, § 33-65-11 , enacted by Ga. L. 2019, p. 1038, § 1/HB 367.
§ 33-64-10. Administration of Claims by Pharmacy Benefits Manager
A pharmacy benefits manager shall administer claims in compliance with Code Section 33-30-4.3 and shall not require insureds to use a mail-order pharmaceutical distributor including a mail-order pharmacy. A pharmacy benefits manager shall offer a health plan the ability to receive 100 percent of all rebates it receives from pharmaceutical manufacturers. In addition, a pharmacy […]
§ 33-64-11. Prohibited Activities of Pharmacy Benefits Manager
A pharmacy benefits manager shall be proscribed from: Prohibiting a pharmacist, pharmacy, or other dispenser or dispenser practice from providing an insured individual information on the amount of the insured’s cost share for such insured’s prescription drug and the clinical efficacy of a more affordable alternative drug if one is available. No pharmacist, pharmacy, or […]
§ 33-64-12. Legislative Findings; Surcharges and Reporting on Steering or Imposing Point-of-Sale Fees or Retroactive Fees
The General Assembly finds that: The practice of steering by a pharmacy benefits manager represents a conflict of interest; The practice of imposing point-of-sale fees or retroactive fees obscures the true cost of prescription drugs in this state; These practices have resulted in harm, including increasing drug prices, overcharging insureds and payors, restricting insureds’ choice […]
§ 33-64-13. Federal Law Governs
To the extent that any provision of this chapter is inconsistent or conflicts with applicable federal law, rule, or regulation, such applicable federal law, rule, or regulation shall apply. History. Code 1981, § 33-64-13 , enacted by Ga. L. 2020, p. 768, § 8/HB 946; Ga. L. 2020, p. 780, § 8/SB 313. Effective date. […]
§ 33-65-1. Short Title
This chapter shall be known and may be cited as the “Corporate Governance Annual Disclosure Act.” History. Code 1981, § 33-65-1 , enacted by Ga. L. 2019, p. 1038, § 1/HB 367.
§ 33-65-2. Definitions
As used in this chapter, the term: “Corporate governance annual disclosure” means a confidential report filed by the insurer or insurance group made in accordance with the requirements of this chapter. “Insurance group” means those insurers and affiliates included within an insurance holding company system as defined in paragraph (7) of Code Section 33-13-1. “Insurer” […]
§ 33-65-3. Corporate Governance Annual Disclosures; Requirements; Cross-Referencing Data
An insurer, or the insurance group of which the insurer is a member, shall, no later than June 1 of each calendar year, submit to the Commissioner a corporate governance annual disclosure that contains the information described in subsection (b) of Code Section 33-65-5. Notwithstanding any request from the Commissioner made pursuant to subsection (c) […]
§ 33-65-4. Issuance of Rules, Regulations, and Orders
The Commissioner may, upon notice and opportunity for all interested persons to be heard, issue such rules, regulations, and orders as shall be necessary to carry out the provisions of this chapter. History. Code 1981, § 33-65-4 , enacted by Ga. L. 2019, p. 1038, § 1/HB 367.