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§ 15-10B-20. Examination of pharmacy benefit managers registered as private review agents

West's Annotated Code of MarylandInsuranceEffective: July 1, 2019

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 15. Health Insurance
Subtitle 10b. Private Review Agents (Refs & Annos)
Effective: July 1, 2019
MD Code, Insurance, § 15-10B-20
§ 15-10B-20. Examination of pharmacy benefit managers registered as private review agents
In general
(a) In addition to the requirements under § 15-10B-19 of this subtitle, the Commissioner shall conduct an examination of any pharmacy benefit manager registered as a private review agent to determine whether the pharmacy benefit manager is acting in compliance with this subtitle.
Conduct of examination
(b) The examination shall be conducted:
(1) in accordance with § 2-207 of this article; and
(2) at least once every 3 years.
Expense of examination
(c) The expense of the examination shall be paid in accordance with § 2-208 of this article.
Reports of examination
(d) The reports of the examination shall be issued in accordance with § 2-209 of this article.
Submission of report
(e) Within 30 days after the completion of a final report of an examination under this section, the Commissioner shall submit a copy of the report to the Senate Finance Committee and the House Health and Government Operations Committee in accordance with § 2-1257 of the State Government Article.

Credits

Added by Acts 2003, c. 295, § 1, eff. Oct. 1, 2003. Amended by Acts 2019, c. 6, § 1, eff. June 1, 2019; Acts 2019, c. 8, § 5.
MD Code, Insurance, § 15-10B-20, MD INSURANCE § 15-10B-20
Current with all legislation from the 2023 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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