Alabama Statutes

§ 27-45A-3 — Definitions

Alabama § 27-45A-3
JurisdictionAlabama
Title 27Insurance
Ch. 45AAlabama Pharmacy Benefits Manager Licensure and Regulation Act

This text of Alabama § 27-45A-3 (Definitions) 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-3 (2026).

Text

For purposes of this chapter, the following words have the following meanings:

(1)AFFILIATE or PBM AFFILIATE. An entity, including, but not limited to, a pharmacy, health insurer, or group purchasing organization that directly or indirectly, through one or more intermediaries, has one of the following affiliations: a. Owns, controls, or has an investment interest in a pharmacy benefits manager. b. Is owned, controlled by, or has an investment interest holder who is a pharmacy benefits manager. c. Is under common ownership or corporate control with a pharmacy benefits manager.
(2)CLAIMS PROCESSING SERVICES. The administrative services performed in connection with the processing and adjudicating of claims relating to pharmacist services that include any of the following: a. Receiving payme

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Related

§ 423.560
42 C.F.R. § 423.560

Legislative History

(Act 2019-457, §3; Act 2021-341, §1; Act 2025-136, §2.)

Nearby Sections

15
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Bluebook (online)
Alabama § 27-45A-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/al/27-45A-3.