Colorado § 10-16-1411 Unlawful acts - enforcement - penalties

Colorado Statutes

§ 10-16-1411 — Unlawful acts - enforcement - penalties

Colorado § 10-16-1411

Title 10Insurance

Art.Health-care Coverage

This text of Colorado § 10-16-1411 (Unlawful acts - enforcement - penalties) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 10-16-1411 (2026).

Text

(1)On and after January 1, 2022, it is unlawful for any person to purchase or reimburse a payer for a prescription drug for which the board has established an upper payment limit pursuant to section 10-16-1407 at an amount that exceeds the upper payment limit established by the board for that prescription drug, regardless of whether the prescription drug is dispensed or distributed in person, by mail, or by other means.

(2)On and after January 1, 2023, each state entity, carrier, and optional participating plan shall require compliance with an upper payment limit established by the board.

(3)The attorney general is authorized to enforce this part 14 on behalf of any state entity or any consumer of prescription drugs.

(4)Notwithstanding any provision of this part 14 to the co

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(1) On and after
January 1, 2022, it is unlawful for any person to purchase or reimburse a payer for a
prescription drug for which the board has established an upper payment limit
pursuant to section 10-16-1407 at an amount that exceeds the upper payment limit
established by the board for that prescription drug, regardless of whether the
prescription drug is dispensed or distributed in person, by mail, or by other means.

(2) On and after January 1, 2023, each state entity, carrier, and optional
participating plan shall require compliance with an upper payment limit established
by the board.

(3) The attorney general is authorized to enforce this part 14 on behalf of any
state entity or any consumer of prescription drugs.

(4) Notwithstanding any provision of this part 14 to the contrary, as used in
this section, person does not include an individual who acquires a prescription
drug for the individual's own use or for a family member's use.

(5) Notwithstanding any provision of this section to the contrary, a carrier or
state agency that is required pursuant to state or federal law to purchase or
reimburse a payer for a prescription drug for which the board has established an
upper payment limit pursuant to section 10-16-1407 is not subject to an
enforcement action for a violation of subsection (1) or (2) of this section for that
particular prescription drug.