Requiring pharmacy benefits managers to provide to beneficiaries for whom the pharmacy benefits manager processed or paid a claim for prescription drugs during the immediately preceding 3-month period an explanation of benefits statement on a form approved by the Maryland Insurance Commissioner and on a quarterly basis; requiring that the explanation of benefits statements contain certain information regarding certain claims for prescription drugs; and applying the Act.
Bill File Type: Regular
Effective Date(s): January 1, 2022
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Last Updated: 4/1/2021 4:43 PM