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Section 15-1612 - Reimbursement for Pharmaceutical Product or Pharmacist Service — Maryland Law | CourtGPT
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  2. Laws/
  3. Maryland/
  4. Title 1 - Definitions; General Provisions/
  5. Title 15 - Health Insurance/
  6. Subtitle 16 - Pharmacy Benefits Managers/
  7. Part II - Registration and Regulation of Pharmacy Benefits Managers/
  8. Section 15-1612 - Reimbursement for Pharmaceutical Product or Pharmacist Service
Maryland Legal Code

Section 15-1612 - Reimbursement for Pharmaceutical Product or Pharmacist Service

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(a) This section applies only to a pharmacy benefits manager that provides pharmacy benefits management services on behalf of a carrier. (b) This section does not apply to reimbursement: (1) for specialty drugs; (2) for mail order drugs; or (3) to a chain pharmacy with more than 15 stores or a pharmacist who is an employee of the chain pharmacy. (c) A pharmacy benefits manager may not reimburse a pharmacy or pharmacist for a pharmaceutical product or pharmacist service in an amount less than the amount that the pharmacy benefits manager reimburses itself or an affiliate for providing the same product or service.