45:14-82.7 Pharmacy services administrative organization, drug pricing, report, extent allowed.
115 words·~1 min read·
/nj/title-45/chapter-14/45-14-82-7·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
6. a. A pharmacy services administrative organization shall, to the extent allowed by law, report annually to the division:
(1)the negotiated reimbursement rate that the pharmacy services administrative organization is to pay pharmacies for brand, generic, and specialty drugs for each pharmacy benefits manager pharmacy network;
(2)the negotiated reimbursement rate that the pharmacy benefits manager is to pay the pharmacy services administrative organization for brand, generic, and specialty drugs for each pharmacy benefits manager's pharmacy network; and
(3)the schedule of fees charged by the organization to pharmacies.
b. Disclosure of all information reported under this section shall be subject to protections defined in section 9 of P.L.2023, c.106 (C.45:14-82.10).
L.2023, c.106, s.6.