<?xml version='1.0' encoding='utf-8'?>
<section article="gin" article_name="Insurance" number="15-1608" title_number="15" title_name="Health Insurance" subtitle_number="16" subtitle_name="Pharmacy Benefits Managers">
  <text>A pharmacy benefits manager shall maintain adequate books and records about each purchaser for which the pharmacy benefits manager provides pharmacy benefits management services:</text>
  <level label="1">
    <text>in accordance with prudent standards of record keeping;</text>
  </level>
  <level label="2">
    <text>for the duration of the agreement between the pharmacy benefits manager and the purchaser; and</text>
  </level>
  <level label="3">
    <text>for 3 years after the pharmacy benefits manager ceases to provide pharmacy benefits management services for the purchaser.</text>
  </level>
</section>
