333.17757b Contracts with pharmacy benefit managers; prohibited terms.
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333.17757b Contracts with pharmacy benefit managers; prohibited terms.
Sec. 17757b.
(1)A pharmacy or pharmacist engaged in the business of selling drugs shall not enter into a contract with a pharmacy benefit manager that violates section 26 of the third party administrator act, 1984 PA 218, MCL 550.926, or that prevents or interferes with in any manner a patient's choice to receive an eligible prescription drug from a 340b entity or a pharmacy when dispensing a 340b drug.
(2)As used in this section:
(a)"340b drug" means a covered drug as that term is defined in 42 USC 256b.
(b)"340b entity" means a covered entity as that term is defined in 42 USC 256b.
(c)"Pharmacy benefit manager" means that term as defined in section 2 of the third party administrator act, 1984 PA 218, MCL 550.902.
History: Add. 2022, Act 13 , Imd. Eff. Feb. 23, 2022
Popular Name: Act 368