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§ 33-64-5. Audit Requirements Applicable to Pharmacy Benefits Managers

Pharmacy benefits managers, whether licensed pursuant to this chapter or exempt from licensure pursuant to subsection (l) of Code Section 33-64-2, shall be subject to Code Section 26-4-118, “The Pharmacy Audit Bill of Rights,” to the same extent and in the same manner as pharmacies. History. Code 1981, § 33-64-5 , enacted by Ga. L. […]

§ 33-62-3. Submission of Supporting Documentation; Confidentiality; Disclosure

The statement of actuarial opinion shall be provided with the annual statement in accordance with rules and regulations promulgated by the Commissioner regarding property and casualty annual statement instructions and shall be treated as a public document. Documents, materials, or other information in the possession or control of the department that are considered an actuarial […]

§ 33-64-7. Commissioner’s Authority Over Rules and Regulations

The Commissioner shall enforce the provisions of this chapter and may promulgate rules and regulations to implement the provisions of this chapter to ensure the safe and proper operations of pharmacy benefits managers in this state. In addition to all other authority granted by this title, the Commissioner may: Conduct financial examinations and compliance audits […]

§ 33-63-1. Legislative Findings

The General Assembly finds that guaranteed asset protection waivers are not insurance. All guaranteed asset protection waivers issued on or after the date of enactment of this chapter shall not be construed as insurance. History. Code 1981, § 33-63-1 , enacted by Ga. L. 2008, p. 1097, § 1/SB 470; Ga. L. 2019, p. 533, […]

§ 33-64-8. Electronic Prior Authorization Drug Requests With Health Care Providers

As used in this Code section, “electronic prior authorization” or “e-prior authorization” means a requirement that a prescriber obtain approval via electronic media from a health plan to prescribe a specific medication prior to dispensing. Facsimiles shall not be considered an electronic submission under this Code section except in the event that such electronic media […]

§ 33-64-9. Requirements for Use of Maximum Allowable Cost Pricing by Pharmacy Benefits Managers; Appeals; Enforcement Authority

Upon each contract execution or renewal between a pharmacy benefits manager and a pharmacy or between a pharmacy benefits manager and a pharmacy’s contracting representative or agent, such as a pharmacy services administrative organization, a pharmacy benefits manager shall, with respect to such contract or renewal: Include in such contract or renewal the sources utilized […]

§ 33-63-3. Definitions

The following terms are defined for purposes of this chapter and are not intended to provide actual terms required in guaranteed asset protection waivers: “Administrator” means a person, other than an insurer or creditor, that performs administrative or operational functions pursuant to guaranteed asset protection waiver programs. “Borrower” means a debtor, retail buyer, or lessee […]