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§ 15-1604. Registration required to provide pharmacy benefits management services

West's Annotated Code of MarylandInsuranceEffective: June 1, 2018

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 15. Health Insurance
Subtitle 16. Pharmacy Benefits Managers (Refs & Annos)
Part II. Registration and Regulation of Pharmacy Benefits Managers
Effective: June 1, 2018
MD Code, Insurance, § 15-1604
§ 15-1604. Registration required to provide pharmacy benefits management services
Currentness
In general
(a) A pharmacy benefits manager shall register with the Commissioner as a pharmacy benefits manager before providing pharmacy benefits management services in the State to purchasers.
Form of application and fee
(b) An applicant for registration shall:
(1) file with the Commissioner an application on the form that the Commissioner provides; and
(2) pay to the Commissioner a registration fee set by the Commissioner.
Additional information
(c) The Commissioner may require any additional information or submissions from a pharmacy benefits manager that may be reasonably necessary to verify the information contained in the application.
Duty of Commissioner to register qualified pharmacy benefits managers
(d) Subject to the provisions of § 15-1607 of this part, the Commissioner shall register each pharmacy benefits manager that meets the requirements of this section.

Credits

Added by Acts 2008, c. 201, § 1, eff. Oct. 1, 2008; Acts 2008, c. 202, § 1, eff. Oct. 1, 2008. Amended by Acts 2008, c. 36, § 6, eff. April 8, 2008; Acts 2018, c. 451, § 1, eff. June 1, 2018.
MD Code, Insurance, § 15-1604, MD INSURANCE § 15-1604
Current through legislation effective through April 25, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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