# Insurance (GIN)

## Title 15. Health Insurance

### Subtitle 16. Pharmacy Benefits Managers

#### Section 15-1608

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.

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