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Code · Nebraska · Chapter 44 — Insurance

44-4604. Act; applicability; how construed; licensure conditions; contract requirements.

98 words·~1 min read·/ne/chapter-44/44-4604

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

(1)The Pharmacy Benefit Manager Licensure and Regulation Act applies to any contract or health benefit plan issued, renewed, recredentialed, amended, or extended on or after January 1, 2023, including any claims processing service or other prescription drug or device service performed through a third party.
(2)As a condition of licensure, any contract in existence on the date a pharmacy benefit manager receives its license to do business in this state shall comply with the requirements of the act.
(3)Nothing in the act is intended or shall be construed to conflict with existing relevant federal law.
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