Home Table of Contents

§ 15-2015. Reasonable amount of time required for remittances of claims

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, § 15-2015
§ 15-2015. Reasonable amount of time required for remittances of claims
A pharmacy services administrative contract shall:
(1) require all remittances for claims submitted by a pharmacy benefits manager or purchaser on behalf of an independent pharmacy to be passed by the pharmacy services administrative organization to the independent pharmacy within a reasonable amount of time; and
(2) specify the reasonable amount of time in which the pharmacy services administrative organization is required to pass the remittances received from the pharmacy benefits manager or purchaser to the independent pharmacy.

Credits

Added by Acts 2020, c. 398, § 1, eff. Oct. 1, 2020; Acts 2020, c. 399, § 1, eff. Oct. 1, 2020.
MD Code, Insurance, § 15-2015, MD INSURANCE § 15-2015
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.
End of Document