Alabama § 27-45A-14 Pharmacy Benefits Managers -- Regulation of Rebates from Drug Manufacturers

Alabama Statutes

§ 27-45A-14 — Pharmacy Benefits Managers -- Regulation of Rebates from Drug Manufacturers

Alabama § 27-45A-14

Title 27Insurance

Ch. 45AAlabama Pharmacy Benefits Manager Licensure and Regulation Act

This text of Alabama § 27-45A-14 (Pharmacy Benefits Managers -- Regulation of Rebates from Drug Manufacturers) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 27-45A-14 (2026).

Text

A pharmacy benefits manager, either directly or through a PBM affiliate, when performing pharmacy benefits management services or other prescription drug or device services for a health benefit plan client, shall pass on 100 percent of all rebates received, directly or indirectly, from a pharmaceutical manufacturer unless the health benefit plan client directs the pharmacy benefits manager or PBM affiliate to apply the rebates to purchases of prescription drugs by covered individuals at the point of sale or the health benefit plan client directs the pharmacy benefits manager, PBM affiliate, or health insurer to retain a portion of the rebates as an administrative fee.

Free access — add to your briefcase to read the full text and ask questions with AI

A pharmacy benefits manager, either directly or through a PBM affiliate, when performing pharmacy benefits management services or other prescription drug or device services for a health benefit plan client, shall pass on 100 percent of all rebates received, directly or indirectly, from a pharmaceutical manufacturer unless the health benefit plan client directs the pharmacy benefits manager or PBM affiliate to apply the rebates to purchases of prescription drugs by covered individuals at the point of sale or the health benefit plan client directs the pharmacy benefits manager, PBM affiliate, or health insurer to retain a portion of the rebates as an administrative fee.