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Code · Minnesota · Chapter 62

62W.04 PHARMACY BENEFIT MANAGER GENERAL BUSINESS PRACTICES.

93 words·~1 min read·/mn/chapter-62/62w-04

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62W.04 PHARMACY BENEFIT MANAGER GENERAL BUSINESS PRACTICES.
(a)A pharmacy benefit manager must exercise good faith and fair dealing in the performance of its contractual duties. A provision in a contract between a pharmacy benefit manager and a health carrier or a network pharmacy that attempts to waive or limit this obligation is void.
(b)A pharmacy benefit manager must notify a health carrier in writing of any activity, policy, or practice of the pharmacy benefit manager that directly or indirectly presents a conflict of interest with the duties imposed in this section.
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