Chapter 18: INSURANCE ADMINISTRATORS HEADING: PL 1989, C. 846, PT. D, §2 (NEW)
§1913. Registration of pharmacy benefits managers
Beginning April 1, 2011, a person may not act as a pharmacy benefits manager in this State without first paying the registration
fee required under section 601, subsection 28. [2011, c. 443, §4 (RPR).]
1.Definitions.
As used in this section, the following terms have the following meanings.
A. "Pharmacy benefits manager" means a person or entity that contracts with a plan sponsor, health care service plan, health
maintenance organization or insurer to manage or administer a contract, agreement or arrangement between a carrier or administrator
and a pharmacy, as defined in Title 32, section 13702-A, subsection 24, in which the pharmacy agrees to provide services to
a health plan enrollee whose plan benefits include incentives for the enrollee to use the services of that pharmacy. [2011, c. 443, §4 (NEW).]
[
2011, c. 443, §4 (NEW)
.]
2.Rules.
The superintendent may adopt routine technical rules pursuant to Title 5, chapter 375, subchapter 2-A to administer and enforce
the registration requirements of this section.
[
2011, c. 443, §4 (NEW)
.]
3.Enforcement.
The superintendent may enforce this section under sections 220 and 223 and other provisions of this Title.
[
2011, c. 443, §4 (NEW)
.]
SECTION HISTORY
2009, c. 581, §4 (NEW).
2011, c. 443, §4 (RPR).
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