§ 15–1608
Statutes in effect as of October 1, 2026.
Md. Code Ann., Ins. § 15-1608 (2026)
Title 15. Health Insurance
Subtitle 16. Pharmacy Benefits Managers
§ 15–1608LinkCopy Citation
A pharmacy benefits manager shall maintain adequate books and records about each purchaser for which the pharmacy benefits manager provides pharmacy benefits management services:
(1)
in accordance with prudent standards of record keeping;
(2)
for the duration of the agreement between the pharmacy benefits manager and the purchaser; and
(3)
for 3 years after the pharmacy benefits manager ceases to provide pharmacy benefits management services for the purchaser.