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§ 15-1608. Recordkeeping requirements

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 II. Registration and Regulation of Pharmacy Benefits Managers
Effective: October 1, 2008
MD Code, Insurance, § 15-1608
§ 15-1608. Recordkeeping requirements
Currentness
A pharmacy benefits manager shall maintain adequate books and records about each purchaser for which the pharmacy benefits manager provides pharmacy benefits management services:
(1) in accordance with prudent standards of record keeping;
(2) for the duration of the agreement between the pharmacy benefits manager and the purchaser; and
(3) for 3 years after the pharmacy benefits manager ceases to provide pharmacy benefits management services for the purchaser.

Credits

Added by Acts 2008, c. 201, § 1, eff. Oct. 1, 2008; Acts 2008, c. 202, § 1, eff. Oct. 1, 2008.
MD Code, Insurance, § 15-1608, MD INSURANCE § 15-1608
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.
End of Document