510C.1 Definitions. As used in this chapter unless the context otherwise requires: 1. “Administrative fees” means a fee or payment, other than a rebate, under a contract between a pharmacy benefits manager and a pharmaceutical drug manufacturer in connection with the pharmacy benefits manager’s management of a health carrier’s prescription drug benefit, that is paid […]
510C.2 Annual report to the commissioner. 1. Each pharmacy benefits manager shall provide a report annually by February 15 to the commissioner that contains all of the following information regarding prescription drug benefits provided to covered persons of each health carrier with whom the pharmacy benefits manager has contracted during the prior calendar year: a. […]
510C.3 Rules. The commissioner of insurance shall adopt rules pursuant to chapter 17A as necessary to administer this chapter. 2019 Acts, ch 88, §3
510C.4 Enforcement. The commissioner may take any action within the commissioner’s authority to enforce compliance with this chapter. 2019 Acts, ch 88, §4
510C.5 Applicability. This chapter is applicable to a health benefit plan that is delivered, issued for delivery, continued, or renewed in this state on or after January 1, 2019. 2019 Acts, ch 88, §5
