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§ 15-2016. Contract prohibited from requiring purchase from entity that owns or controls pharma...

West's Annotated Code of MarylandInsuranceEffective: October 1, 2020

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 15. Health Insurance
Subtitle 20. Pharmacy Services Administrative Organizations (Refs & Annos)
Effective: October 1, 2020
MD Code, Insurance, § 15-2016
§ 15-2016. Contract prohibited from requiring purchase from entity that owns or controls pharmacy services administrative organization
In general
(a) A pharmacy services administrative organization that owns or is owned by, in whole or in part, an entity that manufactures, sells, or distributes prescription drugs, biologics, or medical devices may not require, as a condition of entering into a pharmacy services administrative contract, that an independent pharmacy purchase any drugs, biologics, or medical devices from the entity.
Disclosure to Commissioner of agreement to purchase from entity
(b) A pharmacy services administrative organization that owns or is owned by, in whole or in part, any entity that manufactures, sells, or distributes prescription drugs, biologics, or medical devices shall disclose to the Commissioner any agreement with an independent pharmacy under which the independent pharmacy purchases prescription drugs, biologics, or medical devices from the entity.

Credits

Added by Acts 2020, c. 398, § 1, eff. Oct. 1, 2020; Acts 2020, c. 399, § 1, eff. Oct. 1, 2020.
MD Code, Insurance, § 15-2016, MD INSURANCE § 15-2016
Current through legislation effective through May 9, 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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