Arizona § 20-3331 Pharmacy benefit managers; requirements; applicability

Arizona Statutes

§ 20-3331 — Pharmacy benefit managers; requirements; applicability

Arizona § 20-3331

Title 20Arizona Revised Statutes

Ch. 25PHARMACY BENEFITS

Art. 2Pharmacy Benefit Managers

This text of Arizona § 20-3331 (Pharmacy benefit managers; requirements; applicability) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 20-3331 (2026).

Text

A.A pharmacy benefit manager shall do all of the following:

1.Update the price and drug information for each list that the pharmacy benefit manager maintains every seven business days.

2.At the beginning of the term of a contract, on renewal of a contract and at least once annually during the term of a contract, make available to each network pharmacy the sources used to determine maximum allowable cost pricing.

3.Establish a process by which a network pharmacy may appeal its reimbursement for a drug subject to maximum allowable cost pricing.

4.Allow a pharmacy services administrative organization that is contracted with the pharmacy benefit manager to file an appeal of a drug on behalf of the organization's contracted pharmacies.

B.Beginning on January 1, 2020, this section app

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

A. A pharmacy benefit manager shall do all of the following:

1. Update the price and drug information for each list that the pharmacy benefit manager maintains every seven business days.

2. At the beginning of the term of a contract, on renewal of a contract and at least once annually during the term of a contract, make available to each network pharmacy the sources used to determine maximum allowable cost pricing.

3. Establish a process by which a network pharmacy may appeal its reimbursement for a drug subject to maximum allowable cost pricing.

4. Allow a pharmacy services administrative organization that is contracted with the pharmacy benefit manager to file an appeal of a drug on behalf of the organization's contracted pharmacies.

B. Beginning on January 1, 2020, this section applies to all new and existing contracts between a pharmacy benefit manager and a licensed pharmacy.