# Insurance (GIN)

## Title 15. Health Insurance

### Subtitle 16. Pharmacy Benefits Managers

#### Section 15-1607

(a) Subject to the applicable hearing provisions of Title 2 of this article, the Commissioner may deny a registration to a pharmacy benefits manager applicant or refuse to renew, suspend, or revoke the registration of a pharmacy benefits manager if the pharmacy benefits manager, or an officer, director, or employee of the pharmacy benefits manager:

  (1) makes a material misstatement or misrepresentation in an application for registration;

  (2) fraudulently or deceptively obtains or attempts to obtain a registration;

  (3) in connection with the administration of pharmacy benefits management services, commits fraud or engages in illegal or dishonest activities; or

  (4) violates any provision of this part or a regulation adopted under this part.

(b) This section does not limit any other regulatory authority of the Commissioner under this article.

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Md. Code Ann., Ins. (as displayed at mgaleg.maryland.gov, October 16, 2026)