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Code · Maryland · Insurance

§ 15-10B-20

150 words·~1 min read·/md/insurance/15-10b-20

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

§15–10B–20.
(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.
(b)The examination shall be conducted:
(1)in accordance with § 2-207 of this article; and
(2)at least once every 3 years.
(c)The expense of the examination shall be paid in accordance with § 2-208 of this article.
(d)The reports of the examination shall be issued in accordance with § 2-209 of this article.
(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.
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