Regulation .02 Definitions.
Regulation .02 Definitions.LinkCopy Citation
A.
In this chapter, the following terms have the meanings indicated.
B.
Terms Defined.
(1)
“Commissioner” means the Maryland Insurance Commissioner.
(2)
“Contracted pharmacy” means an independent pharmacy in a contract with a pharmacy services administrative organization.
(3)
“Independent pharmacy” has the meaning stated in Insurance Article, §15-2001(b), Annotated Code of Maryland.
(4)
“Noncompliant” means a contract or amendment that is not in compliance with Maryland statutes and regulations.
(5)
“Pharmacy benefits manager (PBM)” has the meaning stated in Insurance Article, §15-1601, Annotated Code of Maryland.
(6)
“Pharmacy services administrative contract” has the meaning stated in Insurance Article, §15-2001(d), Annotated Code of Maryland.
(7)
“Pharmacy services administrative organization” or “PSAO” has the meaning stated in Insurance Article, §15-2001(e), Annotated Code of Maryland.