Section 15-2014 – Disclosure of Ownership or Control to Purchaser or Pharmacy Benefits Manager — Notification of Changes
(a) Before entering into a contract with a purchaser or pharmacy benefits manager, a pharmacy services administrative organization shall provide to the purchaser or pharmacy benefits manager a written disclosure of ownership or control. (b) The disclosure required under subsection (a) of this section shall include the extent of any ownership or control by any parent company, […]
Section 15-2015 – Timely Submission of Remittances
A pharmacy services administrative contract shall: (1) require all remittances for claims submitted by a pharmacy benefits manager or purchaser on behalf of an independent pharmacy to be passed by the pharmacy services administrative organization to the independent pharmacy within a reasonable amount of time; and (2) specify the reasonable amount of time in which the pharmacy […]
Section 15-2016 – Certain Contractual Requirements Prohibited — Certain Disclosures to Commissioner
(a) A pharmacy services administrative organization that owns or is owned by, in whole or in part, an entity that manufactures, sells, or distributes prescription drugs, biologics, or medical devices may not require, as a condition of entering into a pharmacy services administrative contract, that an independent pharmacy purchase any drugs, biologics, or medical devices from […]
Section 15-2017 – Confidentiality of Disclosures
(a) All disclosures made under this subtitle shall comply with the privacy standards established in federal and State law. (b) A contract or amendment to a contract submitted to the Commissioner as required by this subtitle: (1) is considered to be confidential and proprietary information; and (2) is not subject to disclosure under the Public Information Act.
Section 15-2018 – Implementation Policies and Procedures
A pharmacy services administrative organization shall establish appropriate policies and procedures to implement the requirements of this subtitle.
Section 15-2019 – Pharmacy Services Administrative Organization Prohibited From Certain Actions — Violations and Penalties — Service of Notices — Regulatory Authority
(a) A pharmacy services administrative organization may not: (1) misrepresent pertinent facts or policy provisions that relate to an issue in a dispute or an appeal of a decision regarding a dispute; (2) refuse to pay or reimburse an independent pharmacy for an arbitrary or capricious reason based on all available information; (3) fail to settle a dispute promptly […]
Section 15-2013 – Disclosure of Ownership or Control to Independent Pharmacy — Notification of Changes
(a) Before entering into a pharmacy services administrative contract, a pharmacy services administrative organization shall provide to an independent pharmacy a written disclosure of ownership or control. (b) The disclosure required under subsection (a) of this section shall include the extent of any ownership or control by any parent company, subsidiary, or other organization that: (1) provides pharmacy […]
Section 15-2001 – Definitions
(a) In this subtitle the following words have the meanings indicated. (b) “Independent pharmacy” means a pharmacy operating within the State that is under common ownership with not more than two other pharmacies. (c) “Pharmacy benefits manager” has the meaning stated in § 15–1601 of this title. (d) “Pharmacy services administrative contract” means a contractual agreement between a pharmacy […]
Section 15-2002 – Registration as Pharmacy Services Administrative Organization — Requirements
(a) On or after July 1, 2021, a pharmacy services administrative organization shall register with the Commissioner as a pharmacy services administrative organization before providing services as a pharmacy services administrative organization in the State to independent pharmacies. (b) An applicant for registration shall: (1) file with the Commissioner an application on the form that the Commissioner provides; […]
Section 15-2003 – Expiration or Renewal of Registration
(a) A pharmacy services administrative organization registration expires on the second September 30 after its effective date unless it is renewed as provided under this section. (b) A pharmacy services administrative organization may renew its registration for an additional 2–year term if the pharmacy services administrative organization: (1) otherwise is entitled to be registered; (2) files with the Commissioner […]