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§ 15-1635. Duties of pharmacy benefits manager or its agent

West's Annotated Code of MarylandInsuranceEffective: October 1, 2008

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 15. Health Insurance
Subtitle 16. Pharmacy Benefits Managers (Refs & Annos)
Part VI. Therapeutic Interchanges
Effective: October 1, 2008
MD Code, Insurance, § 15-1635
§ 15-1635. Duties of pharmacy benefits manager or its agent
If a therapeutic interchange occurs, the pharmacy benefits manager or its agent shall:
(1) disclose to the beneficiary, orally or in writing:
(i) that the pharmacy benefits manager or its agent requested a therapeutic interchange by contacting the beneficiary's prescriber;
(ii) the prescriber approved the therapeutic interchange;
(iii) the names of the originally prescribed drug and the drug dispensed pursuant to the therapeutic interchange;
(iv) the difference in copayments or coinsurance to be paid by the beneficiary to obtain the drug dispensed pursuant to the therapeutic interchange;
(v) the circumstances under which the originally prescribed drug will be covered;
(vi) the circumstances under and the extent to which health care costs related to the therapeutic interchange will be compensated; and
(vii) that the beneficiary may decline the therapeutic interchange if the originally prescribed drug remains on the beneficiary's formulary, and the beneficiary is willing to pay any difference in the copayment or coinsurance; and
(2) include with the prescription drug dispensed:
(i) a patient package insert about potential side effects; and
(ii) a toll-free telephone number to communicate with the pharmacy benefits manager.

Credits

Added by Acts 2008, c. 203, § 1, eff. Oct. 1, 2008; Acts 2008, c. 204, § 1, eff. Oct. 1, 2008.
MD Code, Insurance, § 15-1635, MD INSURANCE § 15-1635
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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